Convergence properties of the El Farol bar problem with social learning

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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Bibliographic Details
Main Author: Mashuk, Md. Shadab
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2014
Online Access:https://eprints.nottingham.ac.uk/30760/

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