29 citations · 47 across the 3 of their papers we have counts for
3 papers
Bounded rationality for relaxing best response and mutual consistency: The Quantal Hierarchy model of decision-making
Benjamin Patrick Evans, Mikhail Prokopenko
While game theory has been transformative for decision-making, the assumptions made can be overly restrictive in certain instances. In this work, we investigate some of the underly…
A maximum entropy model of bounded rational decision-making with prior beliefs and market feedback
Benjamin Patrick Evans, Mikhail Prokopenko
Bounded rationality is an important consideration stemming from the fact that agents often have limits on their processing abilities, making the assumption of perfect rationality i…
The impact of social influence in Australian real-estate: market forecasting with a spatial agent-based model
Benjamin Patrick Evans, Kirill Glavatskiy, Michael S. Harré +1
Housing markets are inherently spatial, yet many existing models fail to capture this spatial dimension. Here we introduce a new graph-based approach for incorporating a spatial co…