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Boundedly Rational Dynamic Programming: Some Preliminary Results

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NBER2012-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17783
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资源简介:
A key open question in economics is the practical, portable modeling of bounded rationality. In this short note, I report ongoing progress that is more fully developed elsewhere. I present some results from a new model in which the decision-maker builds a simplified representation of the world. The
提供机构:
美国国家经济研究局
创建时间:
2012-01-01
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