Department of Economics - University of Innsbruck

Literatur-Seminar WS 05/06

Learning

Rudolf Kerschbamer

 

Zeit: Montags von 14:30-16:30 Uhr

 

Ort: Besprechungsraum des Institutes für FIWI, 4. Stock, SoWi

 

 

10.10.05

Vorbesprechung

 

 

 

Social/Observational Learning:

 

24.10.05

GALE, D. (1996), "What Have We Learned from Social Learning?" European Economic Review 40, 617-628.

 

Paper

 

BANERJEE, A and D. FUDENBERG (2004), "Word-of-Mouth Learning," Games and Economic Behavior 46, pp. 1-22

 

Paper

07.11.05

AVERY, C. and P. ZEMSKY (1998) "Multidimensional Uncertainty and Herd Behavior in Financial Markets", American Economic Review 88, 724-748

Paper

 

 

Learning in Games:

 

1) Adaptive Learning Models

 

14.11.05

FUDENBERG, D. and D. KREPS (1995), "Learning in Extensive-Form Games, I: Self-Confirming Equilibria", Games and Economic Behavior 8, 20-55.

 

Paper

21.11.05

FUDENBERG, D. and D. KREPS (1993), "Learning Mixed Equilibria", Games and Economic Behavior 5, 320-367.

 

Paper

oder

 

 

MILGROM, P. and J. ROBERTS (1991), "Adaptive and Sophisticated Learning in Normal Form Games",  Games and Economic Behavior 3, 82-101

Paper

 

 

2) Evolutionary Dynamics

 

28.11.05

WEIBULL, J. (1995), "Evolutionary Game Theory", MIT Press, Cambridge, Mass., Ch. 2 & 3

 

Summary

VAN DAMME, E. (1994), "Evolutionary Game Theory", European Economic Review 38, 847-858

Papier

BINMORE, K. and L. SAMUELSON (1994), "Drift", European Economic Review 38, 859-867

Papier

 

WEIBULL, J. (1994), "The 'as if' Approach to Game Theory: Three Positive Results and Four Obstacles", European Economic Review 38, 868-881

 

Papier

05.12.05

KANDORI, M., G. MAILATH, and R. ROB (1993), "Learning, Mutation, and Long Run Equilibria in Games", Econometrica 61, 29-56.

 

Paper

YOUNG, P. (1993), "The Evolution of Conventions", Econometrica 61, 57-84.

Paper

 

ELLISON, G. (2000), "Basins of Attraction, Long-Run Stochastic Stability, and the Speed of Step-by-Step Evolution", Review of Economic Studies 67, pp.17-45.

Paper

 

 

 

3) Sophisticated Learning Models: Bayesian Priors on Opponent's Strategies

 

12.12.05

KALAI, E. and E. LEHRER (1993), Rational Learning Leads to Nash Equilibrium", Econometrica 61, 1019-1045.

Paper

 

NACHBAR, J. (1997), "Prediction, Optimization, and Rational Learning in Games", Econometrica 65, 275-309.

 

Paper

 

 

 

4) Other 'Learning-in-Games' Models

 

09.01.06

McKELVEY, R. and T. PALFREY (1995), "Quantal Response Equilibria for Normal Form Games," Games and Economic Behavior 10, 6-38.

 

Paper

 

16.01.06

CAMERER, C. and T. Ho (1999), "Experience Weighted Attraction Learning in Normal Form Games", Econometrica 67, 827-873

Paper

oder:

 

STAHL, D. and P. WILSON (1995), "On Players' Models of Other Players – Theory and Experimental Evidence", Games and Economic Behavior 10, 213-154.

 

Paper

23.01.06

CAMERER, C., T. HO and J. CHONG (2002), "Sophisticated EWA Learning and Strategic Teaching in Repeated Games", Journal of Economic Theory 104, 137-188.

Paper

oder:

 

CAMERER, C., T. HO and J. CHONG (2004), "A Cognitive Hierarchy Model of Games", Quarterly Journal of Economics 119, 861-898.

Paper

 

 

Ersatztermin:

 

30.01.06

Ersatztermin

 

 

 

Surveys:                                                                                             weitere Literatur:

 

-         Sobel (2000)                                                                              - Literaturliste

-         Marimon (1997)

-         Conlisk (1996)

-         Gale (1996)

-         Fudenberg and Levine (1998)

-         Kandori (1997)

-         Börgers (1996)

-         Hofbauer and Sigmund (2003)

 

 

           

                                                            Rudolf Kerschbamer