Categorization in Games: A Bias-Variance Perspective
Author
Abstract
Suggested Citation
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-04154272
Download full text from publisher
References listed on IDEAS
- Fudenberg, Drew & Romanyuk, Gleb & Strack, Philipp, 2017. "Active learning with a misspecified prior," Theoretical Economics, Econometric Society, vol. 12(3), September.
- In-Koo Cho & Kenneth Kasa, 2015.
"Learning and Model Validation,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 82(1), pages 45-82.
- In-Koo Cho & Kenneth Kasa, 2006. "Learning and Model Validation," 2006 Meeting Papers 178, Society for Economic Dynamics.
- Kenneth Kasa & In-Koo Cho, 2011. "Learning and Model Validation," 2011 Meeting Papers 1086, Society for Economic Dynamics.
- Kenneth Kasa, 2007. "Learning and Model Validation," 2007 Meeting Papers 548, Society for Economic Dynamics.
- Ignacio Esponda & Demian Pouzo, 2016. "Berk–Nash Equilibrium: A Framework for Modeling Agents With Misspecified Models," Econometrica, Econometric Society, vol. 84, pages 1093-1130, May.
- Kreps, David M. & Milgrom, Paul & Roberts, John & Wilson, Robert, 1982.
"Rational cooperation in the finitely repeated prisoners' dilemma,"
Journal of Economic Theory, Elsevier, vol. 27(2), pages 245-252, August.
- David Kreps & Paul Milgrom & John Roberts & Bob Wilson, 2010. "Rational Cooperation in the Finitely Repeated Prisoners' Dilemma," Levine's Working Paper Archive 239, David K. Levine.
- Fudenberg, Drew & Levine, David, 1998.
"Learning in games,"
European Economic Review, Elsevier, vol. 42(3-5), pages 631-639, May.
- Drew Fudenberg & David K. Levine, 1998. "Learning in Games," Levine's Working Paper Archive 2222, David K. Levine.
- Fryer Roland & Jackson Matthew O., 2008. "A Categorical Model of Cognition and Biased Decision Making," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 8(1), pages 1-44, February.
- Yuval Heller & Eyal Winter, 2020.
"Biased-Belief Equilibrium,"
American Economic Journal: Microeconomics, American Economic Association, vol. 12(2), pages 1-40, May.
- Heller, Yuval & Winter, Eyal, 2011. "Biased-Belief Equilibrium," MPRA Paper 89912, University Library of Munich, Germany, revised 09 Nov 2018.
- Yuval Heller & Eyal Winter, 2020. "Biased-Belief Equilibrium," Papers 2006.15306, arXiv.org.
- , & ,, 2007.
"Valuation equilibrium,"
Theoretical Economics, Econometric Society, vol. 2(2), June.
- Philippe Jehiel & Dov Samet, 2003. "Valuation Equilibria," Game Theory and Information 0310003, University Library of Munich, Germany.
- Philippe Jehiel & Dov Samet, 2007. "Valuation Equilibrium," Post-Print halshs-00754229, HAL.
- Philippe Jehiel & Dov Samet, 2006. "Valuation Equilibria," Levine's Bibliography 784828000000000111, UCLA Department of Economics.
- Philippe Jehiel & Dov Samet, 2003. "Valuation Equilibria," Levine's Bibliography 666156000000000046, UCLA Department of Economics.
- Philippe Jehiel & Dov Samet, 2007. "Valuation Equilibrium," PSE-Ecole d'économie de Paris (Postprint) halshs-00754229, HAL.
- Jehiel, Philippe, 2005.
"Analogy-based expectation equilibrium,"
Journal of Economic Theory, Elsevier, vol. 123(2), pages 81-104, August.
- Philippe Jeniel, 2001. "Analogy-Based Expectation Equilibrium," Economics Working Papers 0003, Institute for Advanced Study, School of Social Science.
- Philippe Jehiel, 2005. "Analogy-Based Expectation Equilibrium," Levine's Bibliography 784828000000000106, UCLA Department of Economics.
- Philippe Jehiel, 2005. "Analogy-based Expectation Equilibrium," Post-Print halshs-00754070, HAL.
- Neyman, Abraham, 1985. "Bounded complexity justifies cooperation in the finitely repeated prisoners' dilemma," Economics Letters, Elsevier, vol. 19(3), pages 227-229.
- Drew Fudenberg & David K. Levine, 2006.
"Superstition and Rational Learning,"
American Economic Review, American Economic Association, vol. 96(3), pages 630-651, June.
- Drew Fudenberg & David K Levine, 2005. "Superstition and Rational Learning," Levine's Working Paper Archive 618897000000000731, David K. Levine.
- Levine, David & Fudenberg, Drew, 2006. "Superstition and Rational Learning," Scholarly Articles 3196330, Harvard University Department of Economics.
- Drew Fudenberg & David K. Levine, 2006. "Superstition and Rational Learning," Harvard Institute of Economic Research Working Papers 2114, Harvard - Institute of Economic Research.
- Jehiel, Philippe & Mohlin, Erik, 2021.
"Cycling and Categorical Learning in Decentralized Adverse Selection Economies,"
Working Papers
2021:11, Lund University, Department of Economics.
- Philippe Jehiel & Erik Mohlin, 2022. "Cycling and Categorical Learning in Decentralized Adverse Selection Economies," Working Papers halshs-03754118, HAL.
- Philippe Jehiel & Erik Mohlin, 2022. "Cycling and Categorical Learning in Decentralized Adverse Selection Economies," PSE Working Papers halshs-03754118, HAL.
- Ayala Arad & Ariel Rubinstein, 2019. "Multidimensional Reasoning in Games: Framework, Equilibrium, and Applications," American Economic Journal: Microeconomics, American Economic Association, vol. 11(3), pages 285-318, August.
- Nyarko, Yaw, 1991.
"Learning in mis-specified models and the possibility of cycles,"
Journal of Economic Theory, Elsevier, vol. 55(2), pages 416-427, December.
- Nyarko, Yaw, 1990. "Learning In Mis-Specified Models And The Possibility Of Cycles," Working Papers 90-03, C.V. Starr Center for Applied Economics, New York University.
- Samuelson, Larry, 2001. "Analogies, Adaptation, and Anomalies," Journal of Economic Theory, Elsevier, vol. 97(2), pages 320-366, April.
- James Dow, 1991. "Search Decisions with Limited Memory," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(1), pages 1-14.
- Ran Spiegler, 2016.
"Bayesian Networks and Boundedly Rational Expectations,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 131(3), pages 1243-1290.
- Spiegler, Ran, 2014. "Bayesian Networks and Boundedly Rational Expectations," CEPR Discussion Papers 10062, C.E.P.R. Discussion Papers.
- Ran Spiegler, 2014. "Bayesian Networks and Boundedly Rational Expectations," Discussion Papers 1417, Centre for Macroeconomics (CFM).
- Spiegler, Ran, 2014. "Bayesian networks and boundedly rational expectations," LSE Research Online Documents on Economics 57994, London School of Economics and Political Science, LSE Library.
- Spiegler, Ran, 2014. "Bayesian Networks and Boundedly Rational Expectations," Foerder Institute for Economic Research Working Papers 275828, Tel-Aviv University > Foerder Institute for Economic Research.
- Dekel, Eddie & Fudenberg, Drew & Levine, David K., 2004.
"Learning to play Bayesian games,"
Games and Economic Behavior, Elsevier, vol. 46(2), pages 282-303, February.
- Eddie Dekel & Drew Fudenberg & David K. Levine, 2000. "Learning to Play Bayesian Games," Discussion Papers 1322, Northwestern University, Center for Mathematical Studies in Economics and Management Science, revised Jul 2001.
- Eddie Dekel & Drew Fudenberg & David K Levine, 2002. "Learning to Play Bayesian Games," Levine's Working Paper Archive 625018000000000151, David K. Levine.
- Eddie Dekel & Drew Fudenberg & David K. Levine, 2001. "Learning to Play Bayesian Games," Harvard Institute of Economic Research Working Papers 1926, Harvard - Institute of Economic Research.
- Dekel, Eddie & Fudenberg, Drew & Levine, David, 2004. "Learning to Play Bayesian Games," Scholarly Articles 3200612, Harvard University Department of Economics.
- Miettinen, Topi, 2009. "The partially cursed and the analogy-based expectation equilibrium," Economics Letters, Elsevier, vol. 105(2), pages 162-164, November.
- Esponda, Ignacio & Pouzo, Demian & Yamamoto, Yuichi, 2021. "Asymptotic behavior of Bayesian learners with misspecified models," Journal of Economic Theory, Elsevier, vol. 195(C).
- Drew Fudenberg & David K. Levine, 1998.
"The Theory of Learning in Games,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 0262061945, April.
- Drew Fudenberg & David K. Levine, 1996. "The Theory of Learning in Games," Levine's Working Paper Archive 624, David K. Levine.
- Ernst Fehr & Simon Gächter, 2002.
"Altruistic punishment in humans,"
Nature, Nature, vol. 415(6868), pages 137-140, January.
- Ernst Fehr & Simon Gaechter, 2003. "Altruistic Punishment in Humans," Microeconomics 0305006, University Library of Munich, Germany.
- Bohren, Aislinn & Hauser, Daniel, 2017.
"Learning with Heterogeneous Misspecified Models: Characterization and Robustness,"
CEPR Discussion Papers
12036, C.E.P.R. Discussion Papers.
- J. Aislinn Bohren & Daniel N. Hauser, 2021. "Learning with Heterogeneous Misspecfied Models: Characterization and Robustness," PIER Working Paper Archive 21-005, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Simon Gachter & Ernst Fehr, 2000.
"Cooperation and Punishment in Public Goods Experiments,"
American Economic Review, American Economic Association, vol. 90(4), pages 980-994, September.
- Ernst Fehr & Simon Gaechter, "undated". "Cooperation and Punishment in Public Goods Experiments," IEW - Working Papers 010, Institute for Empirical Research in Economics - University of Zurich.
- Ernst Fehr & Simon Gaechter, 1999. "Cooperation and Punishment in Public Goods Experiments," CESifo Working Paper Series 183, CESifo.
- Mohlin, Erik, 2014.
"Optimal categorization,"
Journal of Economic Theory, Elsevier, vol. 152(C), pages 356-381.
- Mohlin, Erik, 2009. "Optimal Categorization," SSE/EFI Working Paper Series in Economics and Finance 721, Stockholm School of Economics, revised 30 May 2014.
- J. Aislinn Bohren & Daniel N. Hauser, 2021. "Learning With Heterogeneous Misspecified Models: Characterization and Robustness," Econometrica, Econometric Society, vol. 89(6), pages 3025-3077, November.
- George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
- Ignacio Esponda, 2008. "Behavioral Equilibrium in Economies with Adverse Selection," American Economic Review, American Economic Association, vol. 98(4), pages 1269-1291, September.
- Azrieli, Yaron, 2009. "Categorizing others in a large game," Games and Economic Behavior, Elsevier, vol. 67(2), pages 351-362, November.
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.- Philippe Jehiel, 2022.
"Analogy-Based Expectation Equilibrium and Related Concepts:Theory, Applications, and Beyond,"
PSE Working Papers
halshs-03735680, HAL.
- Philippe Jehiel, 2022. "Analogy-Based Expectation Equilibrium and Related Concepts:Theory, Applications, and Beyond," Working Papers halshs-03735680, HAL.
- Jehiel, Philippe & Mohlin, Erik, 2021.
"Cycling and Categorical Learning in Decentralized Adverse Selection Economies,"
Working Papers
2021:11, Lund University, Department of Economics.
- Philippe Jehiel & Erik Mohlin, 2022. "Cycling and Categorical Learning in Decentralized Adverse Selection Economies," PSE Working Papers halshs-03754118, HAL.
- Philippe Jehiel & Erik Mohlin, 2022. "Cycling and Categorical Learning in Decentralized Adverse Selection Economies," Working Papers halshs-03754118, HAL.
- Topi Miettinen, 2012.
"Paying attention to payoffs in analogy-based learning,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 50(1), pages 193-222, May.
- Miettinen, Topi, 2009. "Paying Attention to Payoffs in Analogy-Based Learning," SITE Working Paper Series 7, Stockholm School of Economics, Stockholm Institute of Transition Economics.
- Mira Frick & Ryota Iijima & Yuhta Ishii, 2018.
"Dispersed Behavior and Perceptions in Assortative Societies,"
Cowles Foundation Discussion Papers
2128R2, Cowles Foundation for Research in Economics, Yale University, revised Oct 2021.
- Frick, Mira & , & Ishii, Yuhta, 2021. "Dispersed Behavior and Perceptions in Assortative Societies," CEPR Discussion Papers 16789, C.E.P.R. Discussion Papers.
- Mira Frick & Ryota Iijima & Yuhta Ishii, 2018. "Dispersed Behavior and Perceptions in Assortative Societies," Cowles Foundation Discussion Papers 2128R, Cowles Foundation for Research in Economics, Yale University, revised Mar 2019.
- Mira Frick & Ryota Iijima & Yuhta Ishii, 2018. "Dispersed Behavior and Perceptions in Assortative Societies," Cowles Foundation Discussion Papers 2128, Cowles Foundation for Research in Economics, Yale University.
- Ignacio Esponda & Demian Pouzo & Yuichi Yamamoto, 2019. "Asymptotic Behavior of Bayesian Learners with Misspecified Models," Papers 1904.08551, arXiv.org, revised Oct 2019.
- Mira Frick & Ryota Iijima & Yuhta Ishii, 2020.
"Belief Convergence under Misspecified Learning: A Martingale Approach,"
Cowles Foundation Discussion Papers
2235R2, Cowles Foundation for Research in Economics, Yale University, revised Dec 2021.
- Frick, Mira & , & Ishii, Yuhta, 2021. "Belief Convergence under Misspecified Learning: A Martingale Approach," CEPR Discussion Papers 16788, C.E.P.R. Discussion Papers.
- Mira Frick & Ryota Iijima & Yuhta Ishii, 2020. "Belief Convergence under Misspecified Learning: A Martingale Approach," Cowles Foundation Discussion Papers 2235R, Cowles Foundation for Research in Economics, Yale University, revised Mar 2021.
- Mira Frick & Ryota Iijima & Yuhta Ishii, 2020. "Belief Convergence under Misspecified Learning: A Martingale Approach," Cowles Foundation Discussion Papers 2235R3, Cowles Foundation for Research in Economics, Yale University, revised Apr 2022.
- Ignacio Esponda & Demian Pouzo, 2014. "Berk-Nash Equilibrium: A Framework for Modeling Agents with Misspecified Models," Papers 1411.1152, arXiv.org, revised Nov 2019.
- Jehiel, Philippe, 2005.
"Analogy-based expectation equilibrium,"
Journal of Economic Theory, Elsevier, vol. 123(2), pages 81-104, August.
- Philippe Jeniel, 2001. "Analogy-Based Expectation Equilibrium," Economics Working Papers 0003, Institute for Advanced Study, School of Social Science.
- Philippe Jehiel, 2005. "Analogy-Based Expectation Equilibrium," Levine's Bibliography 784828000000000106, UCLA Department of Economics.
- Philippe Jehiel, 2005. "Analogy-based Expectation Equilibrium," Post-Print halshs-00754070, HAL.
- Jehiel, Philippe & Singh, Juni, 2021.
"Multi-state choices with aggregate feedback on unfamiliar alternatives,"
Games and Economic Behavior, Elsevier, vol. 130(C), pages 1-24.
- Philippe Jehiel & Juni Singh, 2019. "Multi-state choices with aggregate feedback on unfamiliar alternatives," PSE Working Papers halshs-02183444, HAL.
- Philippe Jehiel & Juni Singh, 2021. "Multi-state choices with aggregate feedback on unfamiliar alternatives," Post-Print halshs-03672197, HAL.
- Philippe Jehiel & Juni Singh, 2021. "Multi-state choices with aggregate feedback on unfamiliar alternatives," PSE-Ecole d'économie de Paris (Postprint) halshs-03672197, HAL.
- Philippe Jehiel & Juni Singh, 2019. "Multi-state choices with aggregate feedback on unfamiliar alternatives," Working Papers halshs-02183444, HAL.
- J. Aislinn Bohren & Daniel N. Hauser, 2023. "Behavioral Foundations of Model Misspecification," PIER Working Paper Archive 23-007, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Daskalova, Vessela & Vriend, Nicolaas J., 2021.
"Learning frames,"
Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 78-96.
- Vessela Daskalova & Nicolaas J. Vriend, 2021. "Learning Frames," Working Papers 202118, School of Economics, University College Dublin.
- Vessela Daskalova & Nicolaas J.Vriend, 2021. "Learning frames," Working Papers 929, Queen Mary University of London, School of Economics and Finance.
- Mira Frick & Ryota Iijima & Yuhta Ishii, 2018. "Dispersed Behavior and Perceptions in Assortative Societies," Cowles Foundation Discussion Papers 2128R3, Cowles Foundation for Research in Economics, Yale University, revised Jun 2022.
- Esponda, Ignacio & Pouzo, Demian & Yamamoto, Yuichi, 2021. "Asymptotic behavior of Bayesian learners with misspecified models," Journal of Economic Theory, Elsevier, vol. 195(C).
- Pierpaolo Battigalli & Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci, 2015.
"Self-Confirming Equilibrium and Model Uncertainty,"
American Economic Review, American Economic Association, vol. 105(2), pages 646-677, February.
- P Battigalli & S Cerreia-Vioglio & F Maccheroni & M Marinacci, 2012. "Selfconfirming Equilibrium and Model Uncertainty," Levine's Working Paper Archive 786969000000000376, David K. Levine.
- Mira Frick & Ryota Iijima & Yuhta Ishii, 2020.
"Misinterpreting Others and the Fragility of Social Learning,"
Econometrica, Econometric Society, vol. 88(6), pages 2281-2328, November.
- Mira Frick & Ryota Iijima & Yuhta Ishii, 2019. "Misinterpreting Others and the Fragility of Social Learning," Cowles Foundation Discussion Papers 2160, Cowles Foundation for Research in Economics, Yale University.
- Mira Frick & Ryota Iijima & Yuhta Ishii, 2019. "Misinterpreting Others and the Fragility of Social Learning," Cowles Foundation Discussion Papers 2160R, Cowles Foundation for Research in Economics, Yale University, revised Mar 2020.
- Pierpaolo Battigalli & Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci, 2011. "Selfconfirming Equilibrium and Uncertainty," Working Papers 428, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Ba, Cuimin & Gindin, Alice, 2023. "A multi-agent model of misspecified learning with overconfidence," Games and Economic Behavior, Elsevier, vol. 142(C), pages 315-338.
- Drew Fudenberg, 2006.
"Advancing Beyond Advances in Behavioral Economics,"
Journal of Economic Literature, American Economic Association, vol. 44(3), pages 694-711, September.
- Fudenberg, Drew, 2006. "Advancing Beyond "Advances in Behavioral Economics"," Scholarly Articles 3208222, Harvard University Department of Economics.
- Gagnon-Bartsch, Tristan & Bushong, Benjamin, 2022. "Learning with misattribution of reference dependence," Journal of Economic Theory, Elsevier, vol. 203(C).
More about this item
Keywords
Bounded rationality; Categorization; Bias-variance trade-off; Adverse selection; Chainstore paradox;All these keywords.
NEP fields
This paper has been announced in the following NEP Reports:- NEP-GTH-2023-08-14 (Game Theory)
- NEP-MIC-2023-08-14 (Microeconomics)
Statistics
Access and download statisticsCorrections
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:hal:wpaper:halshs-04154272. 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.