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[Rezension] Epistemic logic and the theory of games and decisions, ed. by M. O. L. Bacharach ... : Boston [u.a.], Kluwer Acad., 1997

Börgers, Tilman - In: Journal of economic literature 37 (1999) 2, pp. 669-671

Persistent link: https://www.econbiz.de/10001430060

Naive reinforcement learning with endogenous aspirations

Börgers, Tilman; Sarin, Rajiv - In: International economic review 41 (2000) 4, pp. 921-950

Persistent link: https://www.econbiz.de/10001525634

When are signals complements or substitutes?

Börgers, Tilman; Hernando-Veciana, Ángel; Krähmer, Daniel - In: Journal of economic theory 148 (2013) 1, pp. 165-195

Persistent link: https://www.econbiz.de/10009723627

Naive Reinforcement Learning with Endogenous Aspirations

Börgers, Tilman; Sarin, Rajiv - 2001

This article considers a simple model of reinforcement learning. All behavior change derives from the reinforcing or deterring effect of instantaneous payoff experiences. Payoff experiences are reinforcing or deterring depending on whether the payoff exceeds an aspiration level or falls short of...

Persistent link: https://www.econbiz.de/10014143446