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Strategic Learning and its Limits
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Strategic Learning and its Limits

H. Peyton Young

Abstract

This book is based on the Arne Ryde Lectures in 2002. The book suggests a conceptual framework for studying strategic learning and highlights theoretical developments in the area. It discusses the interactive learning problem; reinforcement and regret; equilibrium; conditional no-regret learning; prediction, postdiction, and calibration; fictitious play and its variants; Bayesian learning; and hypothesis testing. The book’s framework emphasizes the amount of information required to implement different types of learning rules, criteria for evaluating their performance, and alternative notions o ... More

Keywords: Arne Ryde Lectures, strategic learning, theoretical developments, interactive learning, Bayesian learning, hypothesis testing, performance, convergence

Bibliographic Information

Print publication date: 2004 Print ISBN-13: 9780199269181
Published to Oxford Scholarship Online: October 2011 DOI:10.1093/acprof:oso/9780199269181.001.0001

Authors

Affiliations are at time of print publication.

H. Peyton Young, author
Johns Hopkins University and University of Oxford

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