Ontology highlight
ABSTRACT:
SUBMITTER: Poon P
PROVIDER: S-EPMC9109929 | biostudies-literature | 2022
REPOSITORIES: biostudies-literature
Poon Philip P Flack Jessica C JC Krakauer David C DC Krakauer David C DC
PloS one 20220516 5
Institutions have been described as 'the humanly devised constraints that structure political, economic, and social interactions.' This broad definition of institutions spans social norms, laws, companies, and even scientific theories. We describe a non-equilibrium, multi-scale learning framework supporting institutional quasi-stationarity, periodicity, and switching. Individuals collectively construct ledgers constituting institutions. Agents read only a part of the ledger-positive and negative ...[more]