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The so-called "paradox of voting" is major anomaly for rational choice theories of elections. If voting is costly and citizens are rational then large electorates the expected turnout would be small, for if many people voted the chance of anyone being pivotal would be too small to make the act...
Persistent link: https://www.econbiz.de/10005553403
Models with adaptive agents have become increasingly popular in computational sociology (e.g. Macy 1991, Macy and Flache 2002). In this paper we show that at least two important kinds of such models lack empirical content. In the first type players adjust via reinforcement learning: they adjust...
Persistent link: https://www.econbiz.de/10005818934
Persistent link: https://www.econbiz.de/10001780561
Models with adaptive agents have become increasingly popular in computational sociology (e.g. Macy 1991, Macy and Flache 2002). In this paper we show that at least two important kinds of such models lack empirical content. In the first type players adjust via reinforcement learning: they adjust...
Persistent link: https://www.econbiz.de/10014028505