The value of (bounded) memory in a changing world

DOI10.1007/S00199-013-0771-1zbMATH Open1291.91051OpenAlexW3122498631MaRDI QIDQ2447166FDOQ2447166

Authors: Daniel Monte, Maher Said 

Publication date: 24 April 2014

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://mpra.ub.uni-muenchen.de/47595/8/MPRA_paper_47595.pdf

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zbMATH Keywords

bounded memorypartially observable Markov decision processdynamic decision making

Mathematics Subject Classification ID

Decision theory (91B06) Markov and semi-Markov decision processes (90C40)

Cites Work

• Title not available (Why is that?)
• Repeated games with stationary bounded recall strategies
• Bounded complexity justifies cooperation in the finitely repeated prisoners' dilemma
• Finite Rationality and Interpersonal Complexity in Repeated Games
• Finite automata play the repeated prisoner's dilemma
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• Communication in dynastic repeated games: `Whitewashes' and `coverups'
• A Memory-Based Model of Bounded Rationality
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• Imitation with asymmetric memory
• Partial memories, inductively derived views, and their interactions with behavior
• On Memory Saved by Randomization
• A ``super folk theorem for dynastic repeated games
• How helpful is a long memory on financial markets?
• Plausible cooperation

Cited In (6)

• Approachability with bounded memory
• Title not available (Why is that?)
• Robust stochastic stability
• Bounded memory in a changing world: biases in behaviour and belief
• Forgetful updating and stubborn decision-makers
• Search Decisions with Limited Memory

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