On a unique solution of the stochastic functional equation arising in gambling theory and human learning process (Q2071854): Difference between revisions
From MaRDI portal
Added link to MaRDI item. |
Set profile property. |
||
Property / MaRDI profile type | |||
Property / MaRDI profile type: MaRDI publication profile / rank | |||
Normal rank |
Revision as of 06:45, 5 March 2024
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | On a unique solution of the stochastic functional equation arising in gambling theory and human learning process |
scientific article |
Statements
On a unique solution of the stochastic functional equation arising in gambling theory and human learning process (English)
0 references
31 January 2022
0 references
Summary: The term ``learning'' is often used to refer to a generally stable behavioral change resulting from practice. However, it is a fundamental biological capacity far more developed in humans than in other living beings. In an animal or human being, the learning phase may often be viewed as a series of choices between multiple possible reactions. Here, we analyze a specific type of human learning process related to gambling in which a subject inserts a poker chip to operate a two-armed bandit device and then presses one of the two keys. Through the use of an electromagnet, one or more poker chips are given to the individual in a container located in the apparatus's center. If a chip is provided, it is declared a winner; otherwise, it is considered a loser. The goal of this paper is to look at the subject's actions in such situations and provide a mathematical model that is appropriate for it. The existence of a unique solution to the suggested human learning model is examined using relevant fixed point results.
0 references
learning model
0 references
stochastic functional equation
0 references