Arifovic, Jasmina; Karaivanov, Alexander - Society for Economic Dynamics - SED - 2006
We introduce learning based on genetic algorithms in a principal-agent model of optimal contracting under moral hazard …. Evolutionary learning algorithms such as genetic algorithms, classifier systems, genetic programming, evolutionary programming, etc …, 1989; Vriend, 2000) genetic algorithms are used in models of individual learning, where evolution takes place on a set of …