Analogy-based expectation equilibrium

Volume: 123, Issue: 2, Pages: 81 - 104
Published: Aug 1, 2005
Abstract
In complex situations, agents use simplified representations to learn how their environment may react. I assume that agents bundle nodes at which other agents must move into analogy classes, and agents only try to learn the average behavior in every class. Specifically, I propose a new solution concept for multi-stage games with perfect information: at every node players choose best-responses to their analogy-based expectations, and expectations...
Paper Details
Title
Analogy-based expectation equilibrium
Published Date
Aug 1, 2005
Volume
123
Issue
2
Pages
81 - 104
Citation AnalysisPro
  • Scinapse’s Top 10 Citation Journals & Affiliations graph reveals the quality and authenticity of citations received by a paper.
  • Discover whether citations have been inflated due to self-citations, or if citations include institutional bias.