A Loser Can Be a Winner: Comparison of Two Instance-based Learning Models in a Market Entry Competition

This paper presents a case of parsimony and generalization in model comparisons. We submitted two versions of the same cognitive model to the Market Entry Competition (MEC), which involved four-person and two-alternative (enter or stay out) games. Our model was designed according to the Instance-Bas...

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Bibliographic Details
Main Authors: Tomás Lejarraga, Cleotilde Gonzalez, Varun Dutt
Format: Article
Language:English
Published: MDPI AG 2011-03-01
Series:Games
Subjects:
Online Access:http://www.mdpi.com/2073-4336/2/1/136/