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We develop a novel framework of bounded rationality under cognitive frictions that studies learning over optimal behavior through both deliberative reasoning and accumulated experiences. Using both types of information, agents engage in…

Theoretical Economics · Economics 2024-03-28 Cosmin Ilut , Rosen Valchev

We consider an evolving system for which a sequence of observations is being made, with each observation revealing additional information about current and past states of the system. We suppose each observation is made without error, but…

Computation · Statistics 2021-03-10 Valentina Di Marco , Jonathan Keith

We develop an overlapping generations model where each agent observes a verifiable private signal about the state and, with positive probability, also receives signals disclosed by his predecessor. The agent then takes an action and decides…

Theoretical Economics · Economics 2026-02-26 Nemanja Antic , Harry Pei

Bayesian persuasion, a central model in information design, studies how a sender, who privately observes a state drawn from a prior distribution, strategically sends a signal to influence a receiver's action. A key assumption is that both…

Computer Science and Game Theory · Computer Science 2025-05-23 Jingwu Tang , Jiahao Zhang , Fei Fang , Zhiwei Steven Wu

Non-Bayesian social learning enables multiple agents to conduct networked signal and information processing through observing environmental signals and information aggregating. Traditional non-Bayesian social learning models only consider…

Social and Information Networks · Computer Science 2024-07-31 Dongyan Sui , Weichen Cao , Stefan Vlaski , Chun Guan , Siyang Leng

We investigate opinion dynamics in multi-agent networks when a bias toward one of two possible opinions exists; for example, reflecting a status quo vs a superior alternative. Starting with all agents sharing an initial opinion representing…

Multiagent Systems · Computer Science 2021-03-09 Aris Anagnostopoulos , Luca Becchetti , Emilio Cruciani , Francesco Pasquale , Sara Rizzo

We study the problem of non-Bayesian social learning with uncertain models, in which a network of agents seek to cooperatively identify the state of the world based on a sequence of observed signals. In contrast with the existing…

Optimization and Control · Mathematics 2019-09-11 César A. Uribe , James Z. Hare , Lance Kaplan , Ali Jadbabaie

We consider a decision aggregation problem with two experts who each make a binary recommendation after observing a private signal about an unknown binary world state. An agent, who does not know the joint information structure between…

Computer Science and Game Theory · Computer Science 2023-11-27 Yuqi Pan , Zhaohua Chen , Yuqing Kong

Bayesian experts who are exposed to different evidence often make contradictory probabilistic forecasts. An aggregator, ignorant of the underlying model, uses this to calculate her own forecast. We use the notions of scoring rules and…

Economics · Quantitative Finance 2018-02-13 Itai Areili , Yakov Babichenko , Rann Smorodinsky

We study networked binary classification on a directed acyclic graph (DAG) where each agent observes only a subset of the feature columns of a shared dataset. Agents act sequentially along the DAG: each receives prediction columns from its…

In this article, I investigate the use of Bayesian updating rules applied to modeling social agents in the case of continuos opinions models. Given another agent statement about the continuous value of a variable $x$, we will see that…

Physics and Society · Physics 2009-04-04 Andre C. R. Martins

Discovering interpretable patterns for classification of sequential data is of key importance for a variety of fields, ranging from genomics to fraud detection or more generally interpretable decision-making. In this paper, we propose a…

Machine Learning · Computer Science 2023-02-23 Marine Collery , Philippe Bonnard , François Fages , Remy Kusters

This paper studies sequential information acquisition by an ambiguity-averse decision maker (DM), who decides how long to collect information before taking an irreversible action. The agent optimizes against the worst-case belief and…

Theoretical Economics · Economics 2023-10-06 Sarah Auster , Yeon-Koo Che , Konrad Mierendorff

We study the following repeated non-atomic routing game. In every round, nature chooses a state in an i.i.d. manner according to a publicly known distribution, which influences link latency functions. The system planner makes private route…

Systems and Control · Electrical Eng. & Systems 2022-07-26 Yixian Zhu , Ketan Savla

Making the right decision in traffic is a challenging task that is highly dependent on individual preferences as well as the surrounding environment. Therefore it is hard to model solely based on expert knowledge. In this work we use Deep…

Machine Learning · Computer Science 2020-02-04 Peter Wolf , Karl Kurzer , Tobias Wingert , Florian Kuhnt , J. Marius Zöllner

We analyze the dynamics of the Learning-Without-Recall model with Gaussian priors in a dynamic social network. Agents seeking to learn the state of the world, the "truth", exchange signals about their current beliefs across a changing…

Optimization and Control · Mathematics 2016-09-21 Chu Wang , Bernard Chazelle

There is increasing interest in learning how human brain networks vary as a function of a continuous trait, but flexible and efficient procedures to accomplish this goal are limited. We develop a Bayesian semiparametric model, which…

Methodology · Statistics 2017-02-02 Lu Wang , Daniele Durante , Rex E. Jung , David B. Dunson

Feed-forward neural networks can be understood as a combination of an intermediate representation and a linear hypothesis. While most previous works aim to diversify the representations, we explore the complementary direction by performing…

Machine Learning · Computer Science 2019-10-24 Han Zhao , Yao-Hung Hubert Tsai , Ruslan Salakhutdinov , Geoffrey J. Gordon

The problem of making sequential decisions in unknown probabilistic environments is studied. In cycle $t$ action $y_t$ results in perception $x_t$ and reward $r_t$, where all quantities in general may depend on the complete history. The…

Artificial Intelligence · Computer Science 2007-05-23 Marcus Hutter

We study a model of binary decision making when a certain population of agents is initially seeded with two different opinions, `$+$' and `$-$', with fractions $p_1$ and $p_2$ respectively, $p_1+p_2=1$. Individuals can reverse their initial…

Physics and Society · Physics 2018-10-16 Amitava Datta
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