The workshop brings together researchers studying learning in economic environments, and in abstract decisions and games from different lines of research. Their approaches include boundedly rational agents updating their behavior - learning how to behave - and boundedly or fully rational agents updating their perception of the environment - learning how nature and/or other agents behave. Learning can be modeled in discrete or continuous time, in economic environments or more abstract games, in stochastic or deterministic environments, with finite or infinite time horizons, finite or infinite populations, etc.
Bringing together different strands of research, we intend to provide a basis for comparing different models and investigating their interrelation. Sometimes the same mathematical structure arises from different basic assumptions on rationality and behavior, prominent examples of this are fictitious play and the replicator dynamics.
| Sunday June 10 | ||
| 9:45 | Allan Timmermann (UC San Diego) | Option Prices under Bayesian Learning. Implied Volatility Dynamics and Predictive Densities |
| 10:30 | Coffee break | |
| 11:00 | Chryssi Giannitsarou (London Business School) | Stability Analysis of Heterogeneous Learning in Self-Referential Linear Stochastic Models |
| 11:45 | Seppo Honkapohja (University of Helsinki) | Existence of Adaptively Stable Sunspot Equilibria near an Indeterminate Steady State and a companion paper |
| 12:30 | Lunch break at Bispetorvet | |
| 14:00 | Fernando Vega-Redondo (University of Alicante) | Learning, Network Formation and Coordination |
| 14:45 | Nathan Larson (Massachusetts Institute of Technology) | Match Choice and Ghettoization in Evolutionary Games |
| 15:30 | Coffee break | |
| 16:00 | Noah Williams (University of Chicago) | Escape Dynamics in Learning Models |
| 16:45 | In-Koo Cho (University of Illinois at Urbana-Champaign) | Escapist Policy Rules |
| 17:30 | Break | |
| 19:00 | Workshop Dinner at Le Pavé, Gråbrødre Torv | |
| Monday June 11 | ||
| 9:00 | Jan Wenzelburger (University of Bielefeld) | Global Convergence of Adaptive Learning in Models of Pure Exchange (same in postscript file) |
| 9:45 | Carsten Krabbe Nielsen (University of Copenhagen) | Learning with Forward Looking Players |
| 10:30 | Coffee break | |
| 11:00 | Tilman Börgers (University College London) | Expedient and Monotone Learning Rules |
| 11:45 | Karl Schlag (European University Institute) | How to Decide as a Boundedly Rational Agent (download zipped file (744 kB) or pdf file (5440 kB)) |
| 12:30 | Lunch break at Bispetorvet | |
| 14:00 | Godfrey Keller (Oxford University) | Strategic Experimentation with Poisson Bandits |
| 14:45 | Coffee break | |
| 15:15 | Bruce McGough (Oregon State University) | Statistical Learning with Time-Varying Parameters |
| 16:00 | George W. Evans (University of Oregon) | Coordination on Saddlepath Solutions: the Eductive Viewpoint. 2 - Linear Multivariate Models. See also the companion paper on univariate models |
| 16:45 | End of Workshop |