Reference points and learning

This paper studies learning when agents evaluate outcomes in comparison to a reference point. It shows that certain models of reinforcement learning lead toclasses of recursive preferences.

Bibliographic Details
Main Author: Beggs, A
Format: Working paper
Published: University of Oxford 2015
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author Beggs, A
author_facet Beggs, A
author_sort Beggs, A
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description This paper studies learning when agents evaluate outcomes in comparison to a reference point. It shows that certain models of reinforcement learning lead toclasses of recursive preferences.
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spelling oxford-uuid:48cd5b18-37d1-4108-9ba7-959c31e36de42022-03-26T15:27:51ZReference points and learningWorking paperhttp://purl.org/coar/resource_type/c_8042uuid:48cd5b18-37d1-4108-9ba7-959c31e36de4Bulk import via SwordSymplectic ElementsUniversity of Oxford2015Beggs, AThis paper studies learning when agents evaluate outcomes in comparison to a reference point. It shows that certain models of reinforcement learning lead toclasses of recursive preferences.
spellingShingle Beggs, A
Reference points and learning
title Reference points and learning
title_full Reference points and learning
title_fullStr Reference points and learning
title_full_unstemmed Reference points and learning
title_short Reference points and learning
title_sort reference points and learning
work_keys_str_mv AT beggsa referencepointsandlearning