Time: Thursday, April 13, 3:30 - 4:30 PM
Location: Souith Hall 6635
Title: Modeling Populations of Adaptive Individuals
"...How do we model a population of individuals that all make tradeoff decisions, when the options and payoffs available to each individual depends on the behavior of all the other individuals? We have explored one solution, which is to model individual decisions as approximations, based explicitly on simple predictions, that produce good but not optimal behavior and are updated routinely as the world changes."