Two “little treasure games” driven by unconditional regret
(2016)
Journal Article
Damjanovic, V. (2017). Two “little treasure games” driven by unconditional regret. Economics Letters, 150, 99-103. https://doi.org/10.1016/j.econlet.2016.11.003
For Traveler’s Dilemma and Minimal Effort Coordination games, the unconditional regret matching (URM) procedure predicts outcomes close to the experimental ones. This supports a claim that the URM procedure can be well suited to predict the behavior... Read More about Two “little treasure games” driven by unconditional regret.