Article ID Journal Published Year Pages File Type
5072041 Games and Economic Behavior 2012 24 Pages PDF
Abstract
► I model the change in characteristics like taste, sympathy, addiction. ► The agentʼs 'state' and his 'experiences' are formally modelled. ► The state changes through experience according to a revision rule. ► Assuming certain axioms, the order of two experiences is irrelevant. ► Assuming further axioms, change is 'linear'.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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