Showing 1 - 10 of 8,305
We develop a dynamic model to study the formation of communication networks. In this model, individuals periodically …
Persistent link: https://www.econbiz.de/10010731599
We investigate an algorithmic model based first of all on Luhmann?s description of how so-cial order may originate [N. Luhmann, Soziale Systeme, Frankfurt/Main, Suhrkamp, 1984, pp. 148-179]. In a basic ?dyadic? setting, two agents build up expectations during their interac-tion process. First,...
Persistent link: https://www.econbiz.de/10005518620
reinforcement learning models than with belief-based models. Showing level-2 rationality (i.e., reasoning about others' beliefs) is … egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co … process level to the validity of modeling behavior using low-rationality reinforcement learning models. …
Persistent link: https://www.econbiz.de/10011734522
Persistent link: https://www.econbiz.de/10014431415
reinforcement learning models than with belief-based models. Showing level-2 rationality (i.e., reasoning about others' beliefs) is … egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co … process level to the validity of modeling behavior using low-rationality reinforcement learning models. …
Persistent link: https://www.econbiz.de/10010328516
experiment and coordination at societal level are needed, toward adaptive governance, and that organizations can contribute to …
Persistent link: https://www.econbiz.de/10013166095
This paper addresses the role of affect and emotions in shaping the behavior of responders in the ultimatum game. A huge amount of research shows that players do not behave in an economically rational way in the ultimatum game, and emotional mechanisms have been proposed as a possible...
Persistent link: https://www.econbiz.de/10010369357
In a recent paper, we analyzed the self-assembly of a complex cooperation network. The network was shown to approach a state where every agent invests the same amount of resources. Nevertheless, highly-connected agents arise that extract extraordinarily high payoffs while contributing comparably...
Persistent link: https://www.econbiz.de/10009653074
reinforcement learning models than with belief-based models. Showing level-2 ratio- nality (i.e., reasoning about others' beliefs … more egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and … the decision process level to the validity of modeling behavior using low-rationality reinforcement learning models. …
Persistent link: https://www.econbiz.de/10009250023
reinforcement learning models than with belief-based models. Showing level-2 rationality (i.e., reasoning about others' beliefs) is … egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co … process level to the validity of modeling behavior using low-rationality reinforcement learning models. …
Persistent link: https://www.econbiz.de/10009193012