Improving quantal cognitive hierarchy model through iterative population learning
In this paper, we propose to enhance the state-of-the-art quantal cognitive hierarchy (QCH) model with iterative population learning (IPL) to estimate the empirical distribution of agents’ reasoning levels and fit human agents’ behavioral data. We apply our approach to a real-world dataset from the...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2023
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/sis_research/8071 https://ink.library.smu.edu.sg/context/sis_research/article/9074/viewcontent/qch_ipl_aamas23_ea.pdf |
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| Institution: | Singapore Management University |
| Language: | English |