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Durham University

Research & business

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Publication details

Damjanovic, V. (2017). Two “little treasure games” driven by unconditional regret. Economics Letters 150: 99-103.

Author(s) from Durham


For Traveler’s Dilemma and Minimal Effort Coordination games, the unconditional regret matching (URM) procedure predicts outcomes close to the experimental ones. This supports a claim that the URM procedure can be well suited to predict the behavior of experimental subjects in repeated games.