Learning in network contexts: Experimental results from simulations

Citation
A. Greenwald et al., Learning in network contexts: Experimental results from simulations, GAME ECON B, 35(1-2), 2001, pp. 80-123
Citations number
48
Categorie Soggetti
Economics
Journal title
GAMES AND ECONOMIC BEHAVIOR
ISSN journal
08998256 → ACNP
Volume
35
Issue
1-2
Year of publication
2001
Pages
80 - 123
Database
ISI
SICI code
0899-8256(200104/05)35:1-2<80:LINCER>2.0.ZU;2-Q
Abstract
This paper describes the results of simulation experiments performed on a s uits of learning algorithms. We focus on games in network contexts. These a re contexts in which (1) agents have very limited information about the gam e and (2) play can be extremely asynchronous. There are many proposed learn ing algorithms in the literature. We choose a small sampling of such algori thms and use numerical simulation to explore the nature of asymptotic play. In particular, we explore the extent to which the asymptotic play depends on three factors: limited information, asynchronous play, and the degree of responsiveness of the learning algorithm. (C) 2001 Academic Press.