Learning dynamics with social comparisons and limited memory

We study models of learning in games where agents with limited memory use social information to decide when and how to change their play. When agents observe only the aggregate distribution of payoffs and recall only information from the last period, aggregate play comes close to Nash equilibrium fo...

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Bibliographic Details
Main Authors: Block, Juan I., Fudenberg, Drew, Levine, David K.
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:English
Published: The Econometric Society 2020
Online Access:https://hdl.handle.net/1721.1/128136

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