Objective In a recent paper with Larry Samuelson and David Schmeidler, we have proposed a model of inductive learning that unifies Bayesian, case-based, and rule-based learning. The model allows one to study the dynamics of induction, and, in particular, it showed that under fairly reasonable conditions, a reasoner who does not know the process she is facing is likely to converge to put more weight on case-based reasoning viz. a viz. Bayesian reasoning. The present proposal aims to generalize and extend this project in several directions. First, we intend to develop a decision theory under uncertainty that would accompany it, thereby unifying several existing decision theories and studying the dynamics of their relative importance in determining people's mode of decision making under uncertainty. Second, we intend to extend the present model, which is akin to representation of information by a capacity, to a multiple-capacity model, bringing together ideas from the multiple-prior model with the capacity model, and examining the implications of such a model to decision making. Third, we wish to study the origin of counterfactuals and their usage, based on a variant of the basic model, and to study their implications to game theoretic analysis. Fourth, we plan to study the dynamics of case-based vs. rule-based reasoning, as determined endogenously by the accumulation of data, and to extend our empirical similarity approach to this set-up. Programme(s) FP7-IDEAS-ERC - Specific programme: "Ideas" implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013) Topic(s) ERC-AG-SH1 - ERC Advanced Grant - Individuals, institutions and markets Call for proposal ERC-2010-AdG_20100407 See other projects for this call Funding Scheme ERC-AG - ERC Advanced Grant Coordinator ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE HAUTES ETUDES COMMERCIALES DE PARIS Address Rue de la liberation 1 78350 Jouy-en-josas France See on map Region Ile-de-France Ile-de-France Yvelines Activity type Higher or Secondary Education Establishments Principal investigator Itzhak Gilboa (Prof.) Administrative Contact Pascale Madeleine (Mrs.) Links Contact the organisation Opens in new window Website Opens in new window EU contribution No data Beneficiaries (3) Sort alphabetically Sort by EU Contribution Expand all Collapse all ETABLISSEMENT D'ENSEIGNEMENT SUPERIEUR CONSULAIRE HAUTES ETUDES COMMERCIALES DE PARIS France EU contribution € 0,00 Address Rue de la liberation 1 78350 Jouy-en-josas See on map Region Ile-de-France Ile-de-France Yvelines Activity type Higher or Secondary Education Establishments Principal investigator Itzhak Gilboa (Prof.) Administrative Contact Pascale Madeleine (Mrs.) Links Contact the organisation Opens in new window Website Opens in new window Other funding No data CHAMBRE DE COMMERCE ET D'INDUSTRIE DE PARIS Participation ended France EU contribution € 240 000,00 Address Avenue de friedland 27 75382 Paris cedex 08 See on map Activity type Higher or Secondary Education Establishments Administrative Contact Pascale Madeleine (Mrs.) Links Contact the organisation Opens in new window Other funding No data CHAMBRE DE COMMERCE ET DÍNDUSTRIDE REGION PARIS-ILE-DE-FRANCE France EU contribution € 0,00 Address Avenue de friedland 27 75382 Paris See on map Region Ile-de-France Ile-de-France Paris Activity type Higher or Secondary Education Establishments Administrative Contact Bernard Ramanantsoa (Mr.) Links Contact the organisation Opens in new window Website Opens in new window Other funding No data
