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. Originally, game theory was developed as a theory of human strategic behavior based on an idealized picture of rational decision …
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In a coordination game such as the Battle of the Sexes, agents can condition their plays on external signals that can, in theory, lead to a Correlated Equilibrium that can improve the overall payoffs of the agents. Here we explore whether boundedly rational, adaptive agents can learn to...
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We set up an agent-based macromodel focusing on consumption-saving without the assumption of utility maximization, but …
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