Data for: Adaptive versus eductive learning: Theory and evidence

Abstract of associated article: Adaptive and eductive learning are two widely used ways of modeling the process by which agents learn a rational expectation equilibrium (REE). In this paper we report an experiment where we exploit differences in the conditions under which adaptive and eductive learning converge to REE so as to investigate which approach provides the better description of the learning behavior of human subjects. Our results suggest that the path by which the system converges appears to be a mixture of both adaptive and eductive learning model predictions.

关联文章摘要：自适应学习（adaptive learning）与演绎学习（eductive learning）是建模经济主体习得理性预期均衡（rational expectation equilibrium, REE）过程的两类主流方法。本文开展了一项实验，通过对比自适应学习与演绎学习收敛至理性预期均衡的条件差异，探究哪类方法更能准确刻画人类被试的学习行为。实验结果表明，系统的收敛路径兼具自适应学习与演绎学习两类模型的预测特征。