Colin F. Camerer, David Hsia, Teck-Hua Ho  Home/Search
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Abstract: This chapter extends the EWA learning model to bilateral call market games (also known as the "sealed-bid mechanism" in two-person bargaining). In these games, a buyer and seller independently draw private values from commonly-known distributions and submit bids. If the buyer's bid is above the seller's, they trade at the midpoint of the two bids; otherwise they don't trade. We apply EWA by assuming that players have value-dependent bidding strategies, and they partially generalize experience... (Update)
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BibTeX entry: (Update)
Camerer, Colin, Teck-Hua Ho, and David Hsia (2000): \EWA Learning in Bilateral Call Markets," Caltech Working Paper. http://citeseer.ist.psu.edu/article/camerer00ewa.html More
@misc{ colin00ewa,
author = "C. Colin and T. Ho and D. Hsia",
title = "EWA Learning in Bilateral Call Markets",
text = "Camerer, Colin, Teck-Hua Ho, and David Hsia (2000): \EWA Learning in Bilateral
Call Markets, Caltech Working Paper.",
year = "2000",
url = "citeseer.ist.psu.edu/article/camerer00ewa.html" }
Citations (may not include all citations):7 The Design of Coordination Mechanisms and Organizational Com.. (context) - John
3 Evidence for Learning to Learn Behavior in Normal Form Games (context) - Salmon - 1995
2 483-503 (context) - John, Joseph et al. - 1997
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