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Studying Learning in Games Using Eye-Tracking
Daniel T. Knoepfle, Colin F. Camerer and Joseph Tao-yi Wang
Journal of the European Economic Association
Vol. 7, No. 2/3, Proceedings of the Twenty-Third Annual Congress of the European Economic Association (Apr. - May, 2009), pp. 388-398
Stable URL: http://www.jstor.org/stable/40282757
Page Count: 11
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We report results from an exploratory study using eye-tracking recording of information acquisition by players in a game theoretic learning paradigm. Eye-tracking is used to observe what information subjects look at in 4 × 4 normal-form games; the eye-tracking results favor sophisticated learning over adaptive learning and lend support to anticipatory or sophisticated models of learning in which subjects look at payoffs of other players to anticipate what those players might do. The decision data, however, are poorly fit by the simple anticipatory models we examine. We discuss how eye-tracking studies of information acquisition can fit into research agenda seeking to understand complex strategic behavior and consider methodological issues that must be addressed in order to maximize their potential.
Journal of the European Economic Association © 2009 Wiley