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Categorization and cooperation across games

Li Calzi, Marco; Mühlenbernd, Roland - In: Games 10 (2019) 1/5, pp. 1-21

We study a model where agents face a continuum of two-player games and categorize them into a finite number of situations to make sense of their complex environment. Agents need not share the same categorization. Each agent can cooperate or defect, conditional on the perceived category. The...

Persistent link: https://www.econbiz.de/10012015737

Cognitive economics

Walliser, Bernard - 2008 - 1. ed.

Persistent link: https://www.econbiz.de/10003463313

Cognitive Economics

Walliser, Bernard (contributor) - 2008

Written in an informal way, this book is addressed to philosophers or cognitive scientists curious of how economics deals with cognition and to graduate students in economics eager to discover how economics evolves. It aims at extending the framework of game theory in order to better fit with...

Persistent link: https://www.econbiz.de/10013520755

Neuronal utility and choice by an organism

Valdés-Edwards, Gonzalo; Valdés Prieto, Salvador - 2015

Persistent link: https://www.econbiz.de/10011565907

Computational techniques for modelling learning in economics

Brenner, Thomas (ed.) - 1999

Persistent link: https://www.econbiz.de/10001361792

Computational Techniques for Modelling Learning in Economics

Brenner, Thomas - 1999

Computational Techniques for Modelling Learning in Economics offers a critical overview of the computational techniques that are frequently used for modelling learning in economics. It is a collection of papers, each of which focuses on a different way of modelling learning, including the...

Persistent link: https://www.econbiz.de/10013518846

Beyond quantified ignorance : rebuilding rationality without the bias bias

Brighton, Henry - 2019

If we reassess the rationality question under the assumption that the uncertainty of the natural world is largely unquantifiable, where do we end up? In this article the author argues that we arrive at a statistical, normative, and cognitive theory of ecological rationality. The main casualty of...

Persistent link: https://www.econbiz.de/10011990913

A cognitive foundation for perceiving uncertainty

Bohren, J. Aislinn; Hascher, Josh; Imas, Alex; … - 2024

Persistent link: https://www.econbiz.de/10015078774

How evolution outwits bounded rationality : the efficient interaction of automatic and deliberate processes in decision making and implications for institutions

Glöckner, Andreas (contributor) - 2008

Classic behavioral decision research has intensively explored deliberate processes in decision making. Accordingly … constraint for many decision problems. The general parallel constraint satisfaction (PCS) approach is outlined, which aims at … describe decision making comprehensively, models must account for the interaction between automatic and deliberate processes …

Persistent link: https://www.econbiz.de/10003730648

Cost of reasoning and strategic Sophistication

Zhao, Wanqun - In: Games 11 (2020) 3/40, pp. 1-27

I designed an experiment to study the persistence of the prevailing levels of reasoning across games. Instead of directly comparing the k-level(s) of reasoning for each game, I used cognitive load to manipulate the strategic environment by imposing variations on the subject's cost of reasoning...

Persistent link: https://www.econbiz.de/10012432226