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Does eeasoning enhance learning?

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  • Nicolaas J. Vriend

Abstract

Utilizing the well-known Ultimatum Game, this note presents the following phenomenon. If we start with simple stimulus-response agents, learning through naive reinforcement, and then grant them some introspective capabilities, we get outcomes that are not closer but farther away from the fully introspective game-theoretic approach. The cause of this is the following: there is an asymmetry in the information that agents can deduce from their experience, and this leads to a bias in their learning process.

Suggested Citation

  • Nicolaas J. Vriend, 1996. "Does eeasoning enhance learning?," Economics Working Papers 185, Department of Economics and Business, Universitat Pompeu Fabra.
    • Handle: RePEc:upf:upfgen:185
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    References listed on IDEAS

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    More about this item

    Keywords

    Ultimatum game; game theory; reasoning; reinforcement learning; Leex;
    All these keywords.

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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