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arXiv · 1310.2678

Logical gaps in the approximate solutions of the social learning game and an exact solution

Wenjie Dai·Xin Wang·Zengru Di·Jinshan Wu
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Abstract

After the social learning models were proposed, finding the solutions of the games becomes a well-defined mathematical question. However, almost all papers on the games and their applications are based on solutions built upon either an add-hoc argument or a twisted Bayesian analysis of the games. Here, we present logical gaps in those solutions and an exact solution of our own. We also introduced a minor extension to the original game such that not only logical difference but also difference in action outcomes among those solutions become visible.

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Wenjie Dai, Xin Wang, Zengru Di, Jinshan Wu. 2014-05-09. Logical gaps in the approximate solutions of the social learning game and an exact solution. https://doi.org/10.1371/journal.pone.0115706

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