The tree of experience in the forest of information: Overweighing experienced relative to observed information

DOI10.1016/J.GEB.2007.03.010MaRDI QIDQ2483129zbMATH OpenOpenAlexFDO

Authors Uri Simonsohn, Niklas Karlsson, George Loewenstein, Dan Ariely

Publication date 28 April 2008

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://repository.upenn.edu/cgi/viewcontent.cgi?article=1270&context=oid_papers

zbMATH Keywords

repeated gamesobservational learningbehavioral economicsexperiential learningprisoner dilemmaweak-link

Mathematics Subject Classification ID

Multistage and repeated games (91A20)

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Cites work

• scientific article; zbMATH DE number 1907684 (Why is no real title available?)
• A surprise-quiz view of learning in economic experiments
• Does observation of others affect learning in strategic environments? An experimental study
• Experience-weighted Attraction Learning in Normal Form Games
• Learning by not doing: An experimental investigation of observational learning
• Sophisticated experience-weighted attraction learning and strategic teaching in repeated games

Cited in

(4)

• The ostrich effect: Selective attention to information
• Why do people place lower weight on advice far from their own initial opinion?
• Do lies erode trust?
• Laplace's theories of cognitive illusions, heuristics and biases

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