Stochastic Models of Learning

By Dirk Ifenthaler, N. Seel. 2012

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Modelling Bounded Rationality in Organizations: Progress and Prospects† (2015, background): “A more general approach to agent’s reinforcement learning is based on statistical learning models (Bush and Mosteller, 1955; Denrell and March, 2001) that explicitly consider a learning rate.”
Learning and the Economics of Small Decisions (2013, background): “This deviation from maximization, known as " probability matching, " triggered influential studies and lively debates (see Estes, 1950, 1964; Bush & Mosteller, 1955; Suppes & Atkinson, 1960; Edwards, 1961; Siegel & Goldstein, 1959; Lee, 1970; and recent analysis in Bereby-Meyer & Erev, 1998;…”
Disentangling the Roles of Approach, Activation and Valence in Instrumental and Pavlovian Responding (2011, background): “only rewards ([95,96]; also known as a benevolent automaton [97]), than for a rule that changes propensities for both.”