Convergence properties of the El Farol bar problem with social learning
The El Farol Bar problem proposed by Arthur in [1] is a study of economic system. Though Arthur's main objective was to highlight how humans are more apt in making inductive reasoning for complex decision making process rather than deductive reasoning; the model has been widely used in analys...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
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2014
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| Online Access: | https://eprints.nottingham.ac.uk/30760/ |