A model of boundedly rational learning in dynamic games

Simple item page
buir.advisorBaşçı, Erdem
dc.contributor.authorAksoy, Hakan
dc.date.accessioned2016-01-08T20:14:30Z
dc.date.available2016-01-08T20:14:30Z
dc.date.issued1997
dc.descriptionAnkara : Institute of Economics and Social Sciences of Bilkent University, 1997.en_US
dc.descriptionThesis (Master's) -- Bilkent University, 1997.en_US
dc.descriptionIncludes bibliographical references leaves 35-37en_US
dc.description.abstractThere are various computer-based algorithms about boundedly rational players’ learning how to behave in dynamic games, including classifier systems, genetic algorithms and neural networks. Some examples of studies using boundedly rational players are Axelrod (1987), Miller (1989), Andreoni and Miller (1990) who use genetic algorithm and Marimon etal. (1990) and Arthur (1990) who use classifier systems. In this dissertation, a Two Armed Bandit Problem and the KiyotakiWright (1989) Economic Environment are constructed and the learning behaviour ol the boundedly rational players is observed by using classifier systems in computer programs. From the simulation results, we observe that experimentation and imitation enables faster convergence to the correct decision rules of players in both repeated static decision problems and dynamic games.en_US
dc.description.provenanceMade available in DSpace on 2016-01-08T20:14:30Z (GMT). No. of bitstreams: 1 1.pdf: 78510 bytes, checksum: d85492f20c2362aa2bcf4aad49380397 (MD5)en
dc.description.statementofresponsibilityAksoy, Hakanen_US
dc.format.extentv, 37 leaves, xlv, [124] pages of platesen_US
dc.identifier.urihttp://hdl.handle.net/11693/17907
dc.language.isoEnglishen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectDynamic Gamesen_US
dc.subjectBounded Rationalityen_US
dc.subjectClassifier Systemsen_US
dc.subjectTwo Armed Bandit Problemen_US
dc.subjectKiyotaki and Wright Model of Moneyen_US
dc.subjectLearningen_US
dc.subjectExperimentationen_US
dc.subjectImitationen_US
dc.subject.lccLB1029.G3 A37 1997en_US
dc.subject.lcshEducational games.en_US
dc.subject.lcshDifferential games.en_US
dc.subject.lcshDynamic programming.en_US
dc.subject.lcshGame theory.en_US
dc.subject.lcshNoncooperative games.en_US
dc.titleA model of boundedly rational learning in dynamic gamesen_US
dc.typeThesisen_US
thesis.degree.disciplineEconomics
thesis.degree.grantorBilkent University
thesis.degree.levelMaster's
thesis.degree.nameMA (Master of Arts)

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
B038345.pdf
Size:
4.35 MB
Format:
Adobe Portable Document Format
Description:
Full printable version
Download

Collections

Graduate School of Economics and Social Sciences