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Recency, consistent learning, and Nash equilibrium

We examine the long-term implication of two models of learning with recency bias: recursive weights and limited memory. We show that both models generate similar beliefs and that both have a weighted universal consistency property. Using the limited-memory model we produce learning procedures that b...

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Autors principals: Fudenberg, Drew, Levine, David K.
Format: Artigo
Idioma:Inglês
Publicat: National Academy of Sciences 2014
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Accés en línia:https://ncbi.nlm.nih.gov/pmc/articles/PMC4113923/
https://ncbi.nlm.nih.gov/pubmed/25024197
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1073/pnas.1400987111
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