کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5098851 1376963 2012 22 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Popularity of reinforcement-based and belief-based learning models: An evolutionary approach
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات کنترل و بهینه سازی
پیش نمایش صفحه اول مقاله
Popularity of reinforcement-based and belief-based learning models: An evolutionary approach
چکیده انگلیسی
In an evolutionary model, players from a given population meet randomly in pairs each instant to play a coordination game. At each instant, the learning model used is determined via some replicator dynamics that respects payoff fitness. We allow for two such models: a belief-based best-response model that uses a costly predictor, and a costless reinforcement-based one. This generates dynamics over the choice of learning models and the consequent choices of endogenous variables. We report conditions under which the long run outcomes are efficient (or inefficient) and they support the exclusive use of either of the models (or their co-existence).
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Dynamics and Control - Volume 36, Issue 3, March 2012, Pages 433-454
نویسندگان
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