David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Economists tend to represent learning as a procedure for estimating the parameters of the "correct" econometric model. We extend this approach by assuming that agents specify as well as estimate models. Learning thus takes the form of a dynamic process of developing models using an internal language of representation where expectations are formed by forecasting with the best current model. This introduces a distinction between the form and content of the internal models which is particularly relevant for boundedly rational agents. We propose a framework for such model development which use a combination of measures: the error with respect to past data, the complexity of the model, the cost of finding the model and a measure of the model's specificity The agent has to make various trade-offs between them. A utility learning agent is given as an example.
|Keywords||No keywords specified (fix it)|
No categories specified
(categorize this paper)
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Edward Merrillb & Todd Petersonb (2001). From Implicit Skills to Explicit Knowledge: A Bottom‐Up Model of Skill Learning. Cognitive Science 25 (2):203-244.
Paisley Livingston (1994). What is Mimetic Desire? Philosophical Psychology 7 (3):291 – 305.
Tarja Knuuttila (2011). Modelling and Representing: An Artefactual Approach to Model-Based Representation. Studies in History and Philosophy of Science 42 (2):262-271.
Daniela Bailer-Jones (2000). Modelling Extended Extragalactic Radio Sources. Studies in History and Philosophy of Science Part B 31 (1):49-74.
Bruce Edmonds, Gossip, Sexual Recombination and the El Farol Bar: Modelling the Emergence of Heterogeneity.
Bruce Edmonds (2000). Complexity and Scientific Modelling. Foundations of Science 5 (3):379-390.
Added to index2009-01-28
Total downloads5 ( #224,380 of 1,098,967 )
Recent downloads (6 months)3 ( #114,620 of 1,098,967 )
How can I increase my downloads?