Naive Reinforcement Learning With Endogenous Aspirations

By Tilman Börgers, Rajiv Sarin. 2000

187 citations recorded by the source corpus.

Subfields: Developmental and Educational Psychology, General Decision Sciences, Safety Research

View Paper: https://www.semanticscholar.org/paper/9fbfcf4080992723481fbb447bdfe76ad2f46d5e

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In Developmental and Educational Psychology

In General Decision Sciences

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Citations in the corpus

An Economist's Perspective on Probability Matching (2000, background): “Second, to familiarise the reader with the different theoretical approaches to behaviour in such circumstances, and to focus on the differences in predictions between these theories in light of recent advances (such as Borgers & Sarin (1993, 1995), and Borgers, Morales and Sarin (1997)).”
Regret Testing: Learning to Play Nash Equilibrium Without Knowing You Have an Opponent (2006, background): “For models of aspiration learning see Karandikar et al. (1998), Börgers and Sarin (2000), Bendor et al. (2001), and Cho and Matsui (2005). action can be written on multiple tickets, a hat is a device for generating probability distributions over actions.”
The Stag Hunt and the Evolution of Social Structure (2003, background): “Dynamic aspiration levels are also discussed in the context of a somewhat different model of reinforcement learning by Borgers and Sarin (2000).”
The merger paradox and why aspiration levels let it fail in the laboratory (2007, unknown): “Bowman (1980, 1982) and Singh (1986) show that there is a negative relation between firm performance and the variance of firms returns, suggesting that poorly performing firms are willing to take higher risks, and that this can be attributed to aspiration levels (Bowman, 1982).”
Agent-Based Models and Human Subject Experiments (2004, unknown): “Aspiration learning has recently been resuscitated in game theory, e.g. by Karandikar, Mookherjee, Ray and Vega-Redondo (1998) and Börgers and Sarin (2000) among others.”