Learning in a multilateral bargaining experiment
多边议价实验中的学习
This paper analyzes data from an investigation of a majoritarian bargaining experiment. A learning model is proposed to account for the evolution of play in this experiment. It is also suggested that an adjustment must be made to account for the panel structure of the data. Such adjustments have been used in other fields and are known to be important as unadjusted standard errors may be severely biased downward. These results indicate that this adjustment also has an…