Strategic Learning and Its Limits

by H. Peyton Young

In this book a distinguished economist suggests a conceptual framework for studying strategic learning, one of the key theoretical developments in current economics. He 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.

176 pages, Hardcover

First published November 4, 2004