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  • 2017
  • Working Paper

Rationalizing Outcomes: Mental-Model-Guided Learning in Competitive Markets
By: Anoop R. Menon and Dennis Yao
This paper explores how mental models affect the analysis of dynamic strategic interactions. We develop an explanation-based view of mental models founded on a regression analogy and implement this view in simulations involving market competition between two firms with...  View Details
Keywords: Mental Models; Strategic Interactions; Rationalization; Explanation-based View; Learning; Competition; Performance; Analysis
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