Novarese, Marco and Lanteri, Alessandro and Tibaldeschi, Cesare (2010): Learning, Generalization and the Perception of Information: an Experimental Study. Published in: New Essays in Logic and Philosophy of Science, edited by Marcello D'Agostino, Giulio Giorello, Federico Laudisa, Telmo Pievani and Corrado Sinigaglia, College Publications, London (2010)
Preview |
PDF
MPRA_paper_28007.pdf Download (517kB) | Preview |
Abstract
This article experimentally explores the way in which human agents learn how to process and manage new information. In an abstract setting, players should perform an everyday task: selecting information, making generalizations, distinguishing contexts. The tendency to generalize is common to all participants, but in a different way. Best players have a stringer tendency to generalise rules. A high score is, in fact, associated with low entropy for mistakes, that is with a tendency to repeat the same mistakes over and over. Though the repetition of mistakes might be considered a failure to properly employ feedback or a bias, it may instead turn out as a viable and successful procedure. This result is connected to the literature on learning.
Item Type: | MPRA Paper |
---|---|
Original Title: | Learning, Generalization and the Perception of Information: an Experimental Study |
Language: | English |
Keywords: | behavioural entropy, cognitive economics, complexity, experiments, feedback, heuristics, learning |
Subjects: | A - General Economics and Teaching > A1 - General Economics > A12 - Relation of Economics to Other Disciplines D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D83 - Search ; Learning ; Information and Knowledge ; Communication ; Belief ; Unawareness C - Mathematical and Quantitative Methods > C9 - Design of Experiments > C91 - Laboratory, Individual Behavior |
Item ID: | 28007 |
Depositing User: | Marco Novarese |
Date Deposited: | 14 Jan 2011 01:46 |
Last Modified: | 30 Sep 2019 12:36 |
References: | ALCHIAN, A. (1950). “Uncertainty, Evolution, and Economic Theory”. Journal of Political Economy, 58: 211-221. ARTHUR, W. B. (1992). “On Learning and Adaptation in the Economy”. Santa Fe Institute Working Paper 92-07-038. BANDURA, A. (1977). Social Learning Theory. Englewood Cliffs, NJ: Prentice-Hall. BEST, J. (1990). “Knowledge Acquisition and Strategic Action in ‘Mastermind’ problems”. Memory & Cognition, 18 (1): 54-64. BRUNER, J., GOODNOW, J., and AUSTIN, G. (1956). A Study of Thinking. New York, NY: Norton. HAYEK, F. (1952). The Sensory Order: An Inquiry into the Foundations of Theoretical Psychology. Chicago, IL: The University of Chicago Press. HEINER, R. A. (1983). “The Origin of Predictable Behavior”. American Economic Review, 73 (4): 560-595. HEINER, R. A. (1985). “Origin of Predictable Behavior: Further Modelling and Applications”. American Economic Review, 75 (2): 391-396. LAKOFF, G., and JOHNSON, M. (1981). Metaphors We Live By. Chicago, IL: The University of Chicago Press. LANTERI, A., and NOVARESE, M. (2007). “Individual Learning: Theory Formation and Feedback in a Complex Task”. MPRA Paper 3049. MARCET, A., and SARGENT, T. (1989). “Convergence of least squares learning mechanisms in self referential linear stochastic models”. Journal of Economic Theory, 48: 337-68. NELSON, R. (2007). “Bounded Rationality, Cognitive Maps, and Trial and Error Learning”. Journal of Economic Behaviour and Organization. NOVARESE M. (2012), “Individual Learning” in Encyclopedia of the Sciences of Learning, Springer, forthcoming NOVARESE, M., and RIZZELLO, S. (2006). “A Cognitive Approach to Individual Learning: Some Experimental Results”, in: Arena, R. and A. Festrè (eds.) Knowledge and Beliefs in Economics. Aldershot: Edward Elgar. pp. 203-219. POLYA, G. (1957). How to Solve It. Princeton: Princeton University Press. RIZZELLO, S., and TURVANI, M. (2002). “Subjective Diversity and Social Learning: A Cognitive Perspective for Understanding Institutional Behaviour”. Constitutional Political Economy, 13 (2): 197-210. ROTH, A., and EREV, I. (1998). “Predicting how People Play Games: Reinforcement Learning in Experimental Games with Unique, Mixed Strategy Equilibria”. American Economic Review, 88 (4): 848-881. SIMON, H.A. (1976). “From Substantive to Procedural Rationality”, in: S. Latsis (ed.) Method and Appraisal in Economics. Cambridge: Cambridge University Press. pp. 129-148. SIMON, H.A. (1983). Reason in Human Affairs. Stanford: Stanford University Press. VROMEN, J. J. (1995). Economic Evolution: An Enquiry into the Foundations of New Institutional Economics. London: Routledge. WITT, U. (2000). “Social Cognitive Learning and Group Selection. A Game-Theoretic Version of Hayek’s Societal Evolution”, presented at the INEM-ASSA Session ‘Austrian Economics and Game Theory’, 8 January, Boston, MA. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/28007 |