An Evaluation of Econometric Models of Adaptive Learning

By Timothy C. Salmon. 2001

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Dissociable neural representations of reinforcement and belief prediction errors underlie strategic learning (2012, background): “In contrast, previous studies have typically used simple games that are well-suited to an experimental setting but statistically sub-optimal in separating the relative behavioral contribution of two learning rules (13).”
Individual and cultural learning in stag hunt games with multiple actions (2010, background): “However, the performance of these and other learning rules is often so similar as to be almost indistinguishable (Feltovich, 2000; Salmon, 2001).”
Learning and the Economics of Small Decisions (2013, background): “, Camerer and Ho, 1999) can be useful but insights tend to be sensitive to the assumption that the underlying model is well calibrated (see Feltovich, 2000; Salmon, 2001; Wilcox, 2006; Erev & Haruvy 2005).”
Agent-Based Models and Human Subject Experiments (2004, unknown): “The first use of a classifier system (or a genetic algorithm) in an economic application was due to Marimon, McGrattan and Sargent (1990), who used a classifier system to model behavior in Kiyotaki and Wright’s (1989) model of money as a medium of exchange.”