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Implicit learning of (boundedly) rational behaviour

Published online by Cambridge University Press:  09 April 2001

Daniel John Zizzo
Affiliation:
Brasenose College, Oxford University, Oxford OX1 4AJ, United Kingdomdaniel.zizzo@hertford.ox.ac.uk

Abstract

Stanovich & West's target article undervalues the power of implicit learning (particularly reinforcement learning). Implicit learning may allow the learning of more rational responses–and sometimes even generalisation of knowledge–in contexts where explicit, abstract knowledge proves only of limited value, such as for economic decision-making. Four other comments are made.

Type
Open Peer Commentary
Copyright
© 2000 Cambridge University Press

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