Jump to content
  • Sign Up
×
×
  • Create New...
New feature: 1 Vote = 0.10€ for server Owner!

Game theory shows we can never learn perfectly from our mistakes

Pelican Press

By Pelican Press,
in World News

 Share

Recommended Posts

  • Diamond Member
Pelican Press Warlord

Pelican Press 0

Posted
  • Diamond Member
Posted



Game theory shows we can never learn perfectly from our mistakes

When people trade stocks, they don’t always learn from experience

Bill Ross/Getty Images

Even when we learn from past mistakes, we may never become optimal decision-makers. The finding comes from an analysis of a mathematical game that simulates a large economy, and suggests we may need to rethink some of the common assumptions built into existing economic theories.

In such theories, people are typically represented as rational agents who learn from past experiences to optimise their performance, eventually reaching a stable state in which they know how to maximise their earnings. This assumption…





This is the hidden content, please

economics,mathematics
#Game #theory #shows #learn #perfectly #mistakes

This is the hidden content, please

0

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing

  • Vote for the server

    To vote for this server you must login.

    Jim Carrey Flirting GIF

  • Recently Browsing   0 members

    • No registered users viewing this page.

Important Information

Privacy Notice: We utilize cookies to optimize your browsing experience and analyze website traffic. By consenting, you acknowledge and agree to our Cookie Policy, ensuring your privacy preferences are respected.

  I accept