IDEAS home Printed from https://ideas.repec.org/a/eee/jetheo/v111y2003i2p251-264.html

Some searches may not work properly. We apologize for the inconvenience.

   My bibliography  Save this article

Randomization and simplification in dynamic decision-making

Author

Listed:
  • Kalai, Ehud
  • Solan, Eilon

Abstract

No abstract is available for this item.

Suggested Citation

  • Kalai, Ehud & Solan, Eilon, 2003. "Randomization and simplification in dynamic decision-making," Journal of Economic Theory, Elsevier, vol. 111(2), pages 251-264, August.
    • Handle: RePEc:eee:jetheo:v:111:y:2003:i:2:p:251-264
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0022-0531(03)00072-3
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Piccione, Michele & Rubinstein, Ariel, 1997. "On the Interpretation of Decision Problems with Imperfect Recall," Games and Economic Behavior, Elsevier, vol. 20(1), pages 3-24, July.
    2. Dinah Rosenberg & Eilon Solan & Nicolas Vieille, 2000. "Blackwell Optimality in Markov Decision Processes with Partial Observation," Discussion Papers 1292, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. Kalai, Ehud & Stanford, William, 1988. "Finite Rationality and Interpersonal Complexity in Repeated Games," Econometrica, Econometric Society, vol. 56(2), pages 397-410, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chatterjee, Kalyan & Guryev, Konstantin & Hu, Tai-Wei, 2022. "Bounded memory in a changing world: Biases in behaviour and belief," Journal of Economic Theory, Elsevier, vol. 206(C).
    2. Yilmaz Kocer, 2010. "Endogenous Learning with Bounded Memory," Working Papers 1290, Princeton University, Department of Economics, Econometric Research Program..
    3. Daniel Monte & Maher Said, 2014. "The value of (bounded) memory in a changing world," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 56(1), pages 59-82, May.
    4. Chatterjee, Kalyan & Hu, Tai-Wei, 2023. "Learning with limited memory: Bayesianism vs heuristics," Journal of Economic Theory, Elsevier, vol. 209(C).
    5. Monte, Daniel, 2014. "Learning with bounded memory in games," Games and Economic Behavior, Elsevier, vol. 87(C), pages 204-223.
    6. Tai-Wei Hu, 2023. "Forgetful updating and stubborn decision-makers," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(3), pages 781-802, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Olivier Compte & Andrew Postlewaite, 2007. "Effecting Cooperation," PIER Working Paper Archive 09-019, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 29 May 2009.
    2. Monte, Daniel, 2013. "Bounded memory and permanent reputations," Journal of Mathematical Economics, Elsevier, vol. 49(5), pages 345-354.
    3. Monte, Daniel, 2014. "Learning with bounded memory in games," Games and Economic Behavior, Elsevier, vol. 87(C), pages 204-223.
    4. Oliver Compte & Andrew Postlewaite, 2010. "Plausible Cooperation, Fourth Version," PIER Working Paper Archive 15-006, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 23 Jan 2015.
    5. Jude Kline, J., 2002. "Minimum Memory for Equivalence between Ex Ante Optimality and Time-Consistency," Games and Economic Behavior, Elsevier, vol. 38(2), pages 278-305, February.
    6. Andrés Perea & Elias Tsakas, 2019. "Limited focus in dynamic games," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(2), pages 571-607, June.
    7. Ehud Kalai & Eilon Solan, 2000. "Randomization and Simplification," Discussion Papers 1283, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    8. Sylvain Béal, 2010. "Perceptron versus automaton in the finitely repeated prisoner’s dilemma," Theory and Decision, Springer, vol. 69(2), pages 183-204, August.
    9. Mehmet Barlo & Guilherme Carmona, 2007. "One - memory in repeated games," Nova SBE Working Paper Series wp500, Universidade Nova de Lisboa, Nova School of Business and Economics.
    10. Philippe Jehiel & Jakub Steiner, 2020. "Selective Sampling with Information-Storage Constraints [On interim rationality, belief formation and learning in decision problems with bounded memory]," The Economic Journal, Royal Economic Society, vol. 130(630), pages 1753-1781.
    11. von Stengel, Bernhard & Koller, Daphne, 1997. "Team-Maxmin Equilibria," Games and Economic Behavior, Elsevier, vol. 21(1-2), pages 309-321, October.
    12. David Baron & Ehud Kalai, 1990. "Dividing a Cake by Majority: The Simplest Equilibria," Discussion Papers 919, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    13. Philippe Jehiel, 2022. "Analogy-Based Expectation Equilibrium and Related Concepts:Theory, Applications, and Beyond," Working Papers halshs-03735680, HAL.
    14. Gilboa Itzhak & Schmeidler David, 1994. "Infinite Histories and Steady Orbits in Repeated Games," Games and Economic Behavior, Elsevier, vol. 6(3), pages 370-399, May.
    15. Pedro Bordalo & Nicola Gennaioli & Andrei Shleifer, 2020. "Memory, Attention, and Choice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(3), pages 1399-1442.
    16. Jehiel, Philippe, 1998. "Learning to Play Limited Forecast Equilibria," Games and Economic Behavior, Elsevier, vol. 22(2), pages 274-298, February.
    17. Igor Kopylov & Joshua Miller, 2018. "Subjective beliefs and confidence when facts are forgotten," Journal of Risk and Uncertainty, Springer, vol. 57(3), pages 281-299, December.
    18. Florina Salaghe & Dimitra Papadovasilaki & Federico Guerrero & James Sundali, 2020. "Temptation and Retirement Accounts: A Story of Time Inconsistency and Bounded Rationality," Athens Journal of Business & Economics, Athens Institute for Education and Research (ATINER), vol. 6(3), pages 173-198, April.
    19. Abraham Neyman & Sylvain Sorin, 2010. "Repeated games with public uncertain duration process," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(1), pages 29-52, March.
    20. Streufert, Peter, 2018. "The Category of Node-and-Choice Forms, with Subcategories for Choice-Sequence Forms and Choice-Set Forms," MPRA Paper 90490, University Library of Munich, Germany.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jetheo:v:111:y:2003:i:2:p:251-264. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622869 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.