Partial memories, inductively derived views, and their interactions with behavior

Mamoru Kaneko () and J. Kline ()

Economic Theory, 2013, vol. 53, issue 1, 27-59

Abstract: We explore the inductively derived views obtained by players with partial temporal (short-term) memories. A player derives his personal view of the objective game situation from his accumulated (long-term) memories, and then uses it for decision making. A salient feature that distinguishes this paper from others on inductive game theory is partiality of a memory function of a player. This creates a multiplicity of possibly derived views. Although this is a difficulty for a player in various senses, it is an essential problem of induction. Faced with multiple possible views, a player may try to resolve this using further experiences. The two-way interaction between behavior and personal views is another distinguishing feature of the present paper. Copyright Springer-Verlag 2013

Keywords: Inductive game theory; Partial memory; Inductive derivation; Mike’s bike; C70; C72; C79 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (5)

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DOI: 10.1007/s00199-010-0519-0

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