We investigate learning and the development of the capability to backward induct in children and young adults aged 6 to … in learning between age groups and across gender. -- Backward induction ; learning ; age effects ; experimental economics …

reinforcement learning models than with belief-based models. Showing level-2 rationality (i.e., reasoning about others' beliefs) is … process level to the validity of modeling behavior using low-rationality reinforcement learning models. -- coordination … ; minority game ; market efficiency ; information ; self-organization ; reinforcement learning …

In this paper, we introduce two new learning models: impulse-matching learning and action-sampling learning. These two … models together with the models of self-tuning EWA and reinforcement learning are applied to 12 different 2 x 2 games and … are two-fold: while the simulations with impulse-matching and action-sampling learning successfully replicate the …