eprintid: 1383526
rev_number: 20
eprint_status: archive
userid: 618
dir: disk0/01/38/35/26
datestamp: 2013-02-15 08:50:30
lastmod: 2015-07-21 02:21:30
status_changed: 2013-02-15 08:50:30
type: thesis
metadata_visibility: show
item_issues_count: 0
creators_name: Lilico, A
title: Limited foresight
ispublished: unpub
divisions: F24
note: Thesis digitised by British Library EThOS.
abstract: This thesis is about multi-period problems in which the decision-maker
or players cannot see far enough ahead to solve the problem completely.
The thesis considers why it might be that players reason forwards at all,
let alone reasoning forwards only finitely far. It shows, using finite automata,
that there is a class of problems for which forwards reasoning is more efficient
than backwards reasoning. It goes on to use these finite automata to solve
for an optimal foresight length.
It then discusses solution concepts, and applies its preferred solution concept
to two problems - one macro problem involving a central banker, and
one micro problem concerning the decision whether to smoke.
date: 2004
vfaculties: VSHS
oa_status: green
thesis_class: doctoral_open
language: eng
thesis_view: UCL_Thesis
dart: DART-Europe
primo: open
primo_central: open_green
verified: verified_manual
full_text_status: public
pages: 127
institution: University of London
department: Economics
thesis_type: Doctoral
citation:        Lilico, A;      (2004)    Limited foresight.                   Doctoral thesis , University of London.     Green open access   
 
document_url: https://discovery.ucl.ac.uk/id/eprint/1383526/1/407952.pdf