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Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …
Persistent link: https://www.econbiz.de/10009432547
Reinforcement Learning (RL) is a learning framework in which an agent learns a policy from continual interaction with … state construction. The project introduces a new method that applies Information Theory and decision tree technique to … have shown that our variant of the U-Tree (McCallum, 1995) produces a more robust state representation and faster learning …
Persistent link: https://www.econbiz.de/10009438231
made. Recently, stimulus-response (S-R) learning models have been proposed as explanations for decision makers' adaptation …
Persistent link: https://www.econbiz.de/10009476648
, based on inductive, competitive reinforcement-learning behaviour of atomistic heterogeneous agents in highly uncertain …
Persistent link: https://www.econbiz.de/10009478578
, based on inductive, competitive reinforcement-learning behaviour of atomistic heterogeneous agents in highly uncertain …
Persistent link: https://www.econbiz.de/10009478579
application of a reinforcement learning algorithm. The third essay presents an empirical analysis of new product launches in the …
Persistent link: https://www.econbiz.de/10009450799
While a number of algorithms for multiobjective reinforcement learning have been proposed, and a small number of … studies. Two classes of multiobjective reinforcement learning algorithms are identified, and appropriate evaluation metrics … are demonstrated via an empirical comparison of two example learning algorithms. ?? 2010 The Author(s). …
Persistent link: https://www.econbiz.de/10009484645
Bandit problems provide an interesting and widely-used setting for the study of sequential decision-making. In their most basic form, bandit problems require people to choose repeatedly between a small number of alternatives, each of which has an unknown rate of providing reward. We investigate...
Persistent link: https://www.econbiz.de/10009430721
variant of prospect theory assuming that the sensitivity to the weighted values decreases with the distance between the …
Persistent link: https://www.econbiz.de/10009431925
The research analyzes aspects of the spot forex intraday trading and the existing models based on macro fundamentals or describing market microstructure. Most of analysis is done on high frequency data, over an extensive period and on 70 currency pairs. A hybrid model based on microstructure...
Persistent link: https://www.econbiz.de/10009434490