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Learning Through Reinforcement and Replicator Dynamics

Author

Listed:
  • T. Borgers
  • R. Sarin

Abstract

This paper considers a version of Bush and Mosteller's stochastic learning theory in the context of games. We compare this model of learning to a model of biological evolution. The purpose is to investigate analogies between learning and evolution. We and that in the continuous time limit the biological model coincides with the deterministic, continuous time replicator process. We give conditions under which the same is true for the learning model. For the case that these conditions do not hold, we show that the replicator process continues to play an important role in characterising the continuous time limit of the learning model, but that a di®erent e®ect (\Probability Matching") enters as well.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • T. Borgers & R. Sarin, 2010. "Learning Through Reinforcement and Replicator Dynamics," Levine's Working Paper Archive 380, David K. Levine.
    • Handle: RePEc:cla:levarc:380
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    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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