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Behaviorist stochastic modeling of instrumental learning

โœ Scribed by Kjell Hausken; John F. Moxnes


Book ID
117510672
Publisher
Elsevier Science
Year
2001
Tongue
French
Weight
127 KB
Volume
56
Category
Article
ISSN
0376-6357

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Learning with bounded memory in stochast
โœ Seppo Honkapohja; Kaushik Mitra ๐Ÿ“‚ Article ๐Ÿ“… 2003 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 206 KB

Learning with bounded memory in stochastic frameworks is incomplete in the sense that the learning dynamics cannot converge to a rational expectations equilibrium (REE). The properties of dynamics arising from such rules are studied for standard models with steady states. If the REE in linear models