Modelling Bounded Rationality using Evolutionary Techniques - Bruce Edmonds
By using an approach to modelling learning that is close to that used in genetic programming (GP) [10, 11], we open up a new range of possibilities in the credible modelling of such boundedly rational agents, where an agent has a population of candidate beliefs (or models) of its environment which evolve as it learns. This contrasts in several respects from agent modelling approaches that use "crisp" logic-like beliefs, or approaches that only involve some inductive learning. In particular multiple and frequently inconsistent beliefs are held as a resource for future model development. However, despite this contrast this approach supports integration of such a style of learning with deductive mechanisms.
Generated with CERN WebMaker