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econ.TH2022
Social learning via actions in bandit environments
Aroon Narayanan
I study a game of strategic exploration with private payoffs and public actions in a Bayesian bandit setting. In particular, I look at cascade equilibria, in which agents switch ov…
cs.LG2022
Risk Preferences of Learning Algorithms
Andreas Haupt, Aroon Narayanan
Agents' learning from feedback shapes economic outcomes, and many economic decision-makers today employ learning algorithms to make consequential choices. This note shows that a wi…