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Bounded rationality and learning

✍ Scribed by Yaw Nyarko; Michael Woodford; Nicholas C. Yannelis

Publisher
Springer
Year
1994
Tongue
English
Weight
709 KB
Volume
4
Category
Article
ISSN
0938-2259

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πŸ“œ SIMILAR VOLUMES

Neural networks and bounded rationality
Neural networks and bounded rationality
✍ Daniel Sgroi; Daniel J. Zizzo πŸ“‚ Article πŸ“… 2007 πŸ› Elsevier Science 🌐 English βš– 176 KB

Traditionally the emphasis in neural network research has been on improving their performance as a means of pattern recognition. Here we take an alternative approach and explore the remarkable similarity between the under-performance of neural networks trained to behave optimally in economic situati