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BEGIN:VEVENT
UID:a86cc0b8f08e092659f815e4c34e4ed4
CATEGORIES:Seminars
CREATED:20250611T052756
SUMMARY:Lunch Seminar: Cosmin Ilut - Duke University
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:\n\nLearning Optimal Behavior Through Reasoning and Experiences\n\n\nAbstra
 ct:\nWe develop a novel framework of bounded rationality under cognitive fr
 ictions that studies learning over optimal behavior through both deliberati
 ve reasoning and accumulated experiences. Using both types of information, 
 agents engage in Bayesian non-parametric estimation of the unknown action v
 alue function. Reasoning signals are produced internally through mental del
 iberation, subject to a cognitive cost. Experience signals are based on the
  observed utility outcomes at previous actions. Agents' subjective estimati
 on uncertainty, which evolves through information accumulation, modulates t
 he two modes of learning in a state- and history-dependent way. We discuss 
 how the model draws on and bridges conceptual, methodological and empirical
  insights from both economics and the cognitive sciences literature on rein
 forcement learning.\n
DTSTAMP:20260504T141813Z
DTSTART:20250703T130000Z
DTEND:20250703T140000Z
SEQUENCE:0
TRANSP:OPAQUE
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