behavior that emerge in the market as a function of evolutionary learning rate, and to explain these emergent behaviors. We …

neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …

neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …

affiliation-motivated individuals engaged in game-play. The first model captures learning by motivated agents during strategic … interactions. The second model captures the evolution of a society of motivated agents. It is demonstrated that misperception, when …

neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …

neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …

neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …

, other relevant elements affecting it; (3) experience and learning seem also to play a relevant role in influencing the … evolution of satisfaction. In fact, a training in a situation in which coordination is difficult, improve the mean levels of … literature on individual decision making and on Herbert Simon's satisficing model. …