Learning, Diversity and Adaptation in Changing Environments: The Role of Weak Links
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https://www.nber.org/papers/w31214
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Adaptation to dynamic conditions requires a certain degree of diversity. If all agents take the best current action, learning that the underlying state has changed and behavior should adapt will be slower. Diversity is harder to maintain when there is fast communication between agents, because they
提供机构:
美国国家经济研究局
创建时间:
2023-05-01



