Modelling Learning in Ecomics provides a comprehensive study of how learning processes can be modelled in an ecomic context. This invative book investigates the processes involved in ecomic learning by categorizing different ways of learning, and using mathematical models for their description. The author distinguishes three types of learning processes - n-cognitive, routine-based and associative learning - and, for each of these, a model is proposed. Thomas Brenner also provides an overview of the psychological literature on learning and on the learning models most frequently used in ecomics. He then goes on to present applications of these models of learning to various ecomic topics including evolutionary game theory, consumption behaviour, investment behaviour of savers and the diffusion of invation. In applying the models to ecomic topics, the author t only presents new insights into learning but also contributes to many topics within ecomic research. This book will be of interest to ecomic psychologists and ecomists working in the areas of game theory, consumer and investment behaviour and the diffusion of invation.
Thomas Brenner, Phillips Universitat Marburg, Germany