Transfer of Knowledge in Economic Decision Making

Transfer of Knowledge in Economic Decision Making

by D. Zizzo (Editor)


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Transfer of Knowledge in Economic Decision Making by D. Zizzo

The first systematic investigation of the problem of transfer of knowledge, in relation to economic decision-making. Transfer of knowledge plays an important, if all-too-often neglected, role in the determination of real world behaviour. For most economic situations are not identical to previous situations the agent has been faced with, and the dichotomy between perfect rationality and zero rationality - the belief that experience is irrelevant because anyway optimal play is chosen and the belief that it is irrelevant because agents do not store knowledge or cannot perceive similarity, and start every time afresh - is an implausible one.

Product Details

ISBN-13: 9781403941541
Publisher: Palgrave Macmillan UK
Publication date: 12/07/2004
Edition description: 2004
Pages: 208
Product dimensions: 6.14(w) x 9.21(h) x 0.03(d)

About the Author

DAVID BUSCHENA Montana State University, USA
EDMUND FANTINO University of California, San Diego, USA
CLEOTILDE GONZALEZ Carnegie-Mellon University, USA
PHILIPPE JEHIEL Univeristy College, London, UK
CHRISTIAN LEBIERE Carnegie-Mellon University, USA
ATANASIOS MITROPOULOS Otto-Von-Guericke Univeristy, Magdeburg, Germany
DANIEL SGROI Churchill College, Cambridge, UK
DALE O. STAHL University of Texas at Austin, USA
STEPHANIE STOLARZ-FANTINO University of California, San Diego, USA

Table of Contents

Transfer of Knowledge and the Similarity Function in Economic Decision-Making; D.J.Zizzo Context and it's Effect on Transfer; E.Fantino & S.Stolarz-Fantino Action-Reinforcement Learning versus Rule Learning; D.O.Stahl Learning to Leran in Global Supergames Under Little Information; A.Mitropoulos Similarity Models as an Approach to Behavior Violating Expected Utility; D.Buschena Bounded Rationality and Imperfect Learning: Game Theory vs. Al; P.Jehiel Using Neural Networks to Model Bounded Rationality in Interactive Decision-Making; D.Sgroi Instance-Based Cognitive Models of Decision-Making; C.Gonzalez & C.Lebiere Simple and Compound Lotteries: Experimental Evidence and Neural Network Modelling, D.J.Zizzo

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