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Authors: Marco Remondino and Nicola Miglietta

Affiliation: University of Turin, Italy

Keyword(s): Reinforcement learning, Action selection, Bias, Ego biased learning.

Related Ontology Subjects/Areas/Topics: Adaptive Architectures and Mechanisms ; Artificial Intelligence ; Biomedical Engineering ; Biomedical Signal Processing ; Computational Intelligence ; Health Engineering and Technology Applications ; Human-Computer Interaction ; Learning Paradigms and Algorithms ; Methodologies and Methods ; Neural Networks ; Neurocomputing ; Neurotechnology, Electronics and Informatics ; Pattern Recognition ; Physiological Computing Systems ; Sensor Networks ; Signal Processing ; Soft Computing ; Theory and Methods

Abstract: In agent based simulations, the many entities involved usually deal with an action selection based on the reactive paradigm: they usually feature embedded strategies to be used according to the stimuli coming from the environment or other entities. This can give good results at an aggregate level, but in certain situations (e.g. Game Theory), cognitive agents, embedded with some learning technique, could give a better representation of the real system. The actors involved in real Social Systems have a local vision and usually can only see their own actions or neighbours’ ones (bounded rationality) and sometimes they could be biased towards a particular behaviour, even if not optimal for a certain situation. In the paper, a new method for cognitive action selection is formally introduced, keeping into consideration an individual bias: ego biased learning. It allows the agents to adapt their behaviour according to a payoff coming from the action they performed at time t-1, by converti ng an action pattern into a synthetic value, updated at each time, but keeping into account their individual preferences towards specific actions. (More)

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Paper citation in several formats:
Remondino, M. and Miglietta, N. (2009). COGNITIVE BIASED ACTION SELECTION STRATEGIES FOR SIMULATIONS OF FINANCIAL SYSTEMS. In Proceedings of the International Joint Conference on Computational Intelligence (IJCCI 2009) - ICNC; ISBN 978-989-674-014-6; ISSN 2184-3236, SciTePress, pages 534-539. DOI: 10.5220/0002311405340539

@conference{icnc09,
author={Marco Remondino. and Nicola Miglietta.},
title={COGNITIVE BIASED ACTION SELECTION STRATEGIES FOR SIMULATIONS OF FINANCIAL SYSTEMS},
booktitle={Proceedings of the International Joint Conference on Computational Intelligence (IJCCI 2009) - ICNC},
year={2009},
pages={534-539},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0002311405340539},
isbn={978-989-674-014-6},
issn={2184-3236},
}

TY - CONF

JO - Proceedings of the International Joint Conference on Computational Intelligence (IJCCI 2009) - ICNC
TI - COGNITIVE BIASED ACTION SELECTION STRATEGIES FOR SIMULATIONS OF FINANCIAL SYSTEMS
SN - 978-989-674-014-6
IS - 2184-3236
AU - Remondino, M.
AU - Miglietta, N.
PY - 2009
SP - 534
EP - 539
DO - 10.5220/0002311405340539
PB - SciTePress