Optimal Properties of Stimulus-Response Learning Models*
Optimal Properties of Stimulus-Response Learning Models*
复制标题
刺激响应学习模型的最佳属性*
DOI:
10.1006/game.1999.0712
复制
发表时间:
1999
影响因子:
1.1
通讯作者:
A. Rustichini
中科院分区:
文献类型:
--
作者:
A. Rustichini
Abstract A procedure is a specific way of making this association; a procedure is optimal if the sequence of choices it generates converges to the action that maximizes the expected payoff. The information available to the agent has crucial importance. An individual learning in isolation has partial information, because he can only observe the payoff to the action he has chosen; in social learning, he has full information, because he can learn from the action of the others. Linear procedures always converge to optimal action in the case of partial information, and do not in the case of full information. Exactly the opposite is true in the case of exponential procedures. Journal of Economic Literature Classification Numbers: D1, D8, D9.