The computation of strategic learning in repeated social competitive interactions: Learning sophistication, reward attractor points and strategic asymmetry
Abstract:Social interactions rely on our ability to learn and adjust our behavior to the behavior of others. Strategic games provide a useful framework to study the cognitive processes involved in the formation of beliefs about the others’ intentions and behavior, what we may call strategic theory of mind. Through the years, the growing field of behavioral economics provided evidence of a systematic departure of human’s behavior from the optimal game theoretical prescriptions. One hypothesis posits that human’s ability… Show more
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