Adaptive Heuristics
A Little Rationality Goes a Long Way
(A Presentation)
Sergiu Hart
The 2003 Walras-Bowley Lecture of the
Econometric Society
:
Acrobat PDF file
about 0.7MB
Revised:
September 17, 2004
Paper:
Adaptive Heuristics,
Econometrica
73 (2005), 5, 1401-1430
An extended presentation:
Acrobat PDF file
about 1MB
Revised:
November, 2005
Videos:
Microsoft Research, February 1, 2007
Microsoft Research, February 7, 2007
Papers (by Sergiu Hart and Andreu Mas-Colell):
A Simple Adaptive Procedure Leading to Correlated Equilibrium
,
Econometrica
68 (2000), 5, 1127-1150
A General Class of Adaptive Strategies
,
Journal of Economic Theory
98 (2001), 1, 26-54
A Reinforcement Procedure Leading to Correlated Equilibrium
, in
Economic Essays
, Gerard Debreu, Wilhelm Neuefeind and Walter Trockel (editors), Springer (2001), 181-200
Regret-Based Dynamics
,
Games and Economic Behavior
45 (2003), 2, 375-394
Uncoupled Dynamics Do Not Lead to Nash Equilibrium
,
American Economic Review
93 (2003), 5, 1830-1836
Some technical information on the presentation