3 papers
econ.EM2026
Dynamic Discrete Choice and Inverse Reinforcement Learning: Inferring Preferences and Beliefs From Human Behavior
Pranjal Rawat, John Rust
This article surveys two deeply connected literatures that approach the same fundamental problem from different disciplinary traditions: dynamic discrete choice (DDC) in structural…
econ.GN2025
Who is More Bayesian: Humans or ChatGPT?
Tianshi Mu, Pranjal Rawat, John Rust +2
We compare the performance of human and artificially intelligent (AI) decision makers in simple binary classification tasks where the optimal decision rule is given by Bayes Rule.…
econ.GN2024
Approximating Auction Equilibria with Reinforcement Learning
Pranjal Rawat
Traditional methods for computing equilibria in auctions become computationally intractable as auction complexity increases, particularly in multi-item and dynamic auctions. This p…