Martin Posch WIN STAY , LOSE SHIFT OR IMITATION – ONLY THE CHOICE OF PEERS COUNTS
نویسنده
چکیده
Win Stay, Lose Shift as well as imitation strategies for iterated games rely on an aspiration level. With both learning rules a move is repeated unless the pay-o fell short of the aspiration level. I investigate social adaptation mechanisms for the aspiration level and their impact on the eÆciency of learning in a large population of agents that repeatedly play one round of a symmetric 2 2 game against randomly chosen opponents. It turns out that if the aspiration level is given by the last payo of the current opponent the population receives the maximal symmetric payo of the game in the long run. If the aspiration level is determined by independently chosen agents the outcome is related to the evolutionarily stable strategies. This holds for win stay, lose shift as well as for imitation based learning. These results suggest that the choice of peers can be crucial for the eÆciency of learning.
منابع مشابه
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