An Illustration of the Essential Difference between Individual and Social Learning, and its Consequences for Computational Analyses
Nicolaas J. Vriend
Queen Mary, University of London - Department of Economics
July 1998
Queen Mary & Westfield College Working Paper No. 387
Abstract:
Drawing a conclusion from recent insights in evolutionary game theory, we show that a so-called spite-effect implies that there is an essential difference between individual and social learning. We illustrate its consequences for the choice of computational tools in economics and social settings in general by analyzing two variants of a Genetic Algorithm.
Number of Pages in PDF File: 16
JEL Classification: C72, D43, D83
working papers series
Suggested Citation
Vriend, Nicolaas J., An Illustration of the Essential Difference between Individual and Social Learning, and its Consequences for Computational Analyses (July 1998). Queen Mary & Westfield College Working Paper No. 387. Available at SSRN: http://ssrn.com/abstract=180834 or http://dx.doi.org/10.2139/ssrn.180834
