Salience as an emergent property

Alberti, Federica, Sugden, Robert and Tsutsui, Kei (2012) Salience as an emergent property. Journal of Economic Behavior & Organization, 82 (2-3). pp. 379-394.

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Abstract

We offer an evolutionary model of the emergence of concepts of salience through similarity-based learning. When an individual faces a new decision problem, she chooses an action that she perceives as similar to actions that, when chosen in similar previous problems, led to favourable outcomes. If some similarities are more reliably perceived than others, this process will favour the emergence of conventions that are defined in terms of reliably perceived similarities. We discuss experimental evidence of learning in recurrent play of similar but not identical pure coordination games.

Item Type:	Article
Faculty \ School:	Faculty of Social Sciences > School of Economics
UEA Research Groups:	Faculty of Social Sciences > Research Groups > Economic Theory Faculty of Social Sciences > Research Centres > Centre for Behavioural and Experimental Social Sciences Faculty of Social Sciences > Research Centres > Centre for Competition Policy Faculty of Social Sciences > Research Groups > Behavioural Economics
Depositing User:	Katherine Humphries
Date Deposited:	09 Feb 2012 16:55
Last Modified:	21 Apr 2023 04:31
URI:	https://ueaeprints.uea.ac.uk/id/eprint/37016
DOI:	10.1016/j.jebo.2011.10.016

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