Reinforcement Learning and Consumption-Savings Behavior

arXiv:2510.20748 · econ.GN, cs.AI, cs.LG, q-fin.EC · Submitted 2025-10-23 · Read on arXiv

econ.GN, cs.AI, cs.LG, q-fin.EC

Submitted: 2025-10-23

Updated: 2026-09-27

Comments: 41 pages, 10 figures

License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/

Terminology

• Reinforcement Learning — 37× in this paper · explained in 4 episodes
• Benchmark — 13× in this paper · explained in 2 episodes
• Q-learning — 5× in this paper · explained in 3 episodes
• Adam — 4× in this paper · explained in 2 episodes
• Activation Function — 3× in this paper · explained in 1 episode
• Deep Reinforcement Learning — 3× in this paper · explained in 2 episodes
• Neural Network Approximation — 2× in this paper · explained in 2 episodes
• Symposium on Applied Machine Intelligence and Informatics — 2× in this paper
• World Model — 2× in this paper · explained in 7 episodes
• Abstraction — 1× in this paper · explained in 1 episode
• Action Space — 1× in this paper · explained in 1 episode
• Core — 1× in this paper · explained in 2 episodes
• Diffusion Model — 1× in this paper · explained in 8 episodes
• Diffusion Models — 1× in this paper · explained in 6 episodes
• Federal Pandemic Unemployment Compensation — 1× in this paper
• Generalization — 1× in this paper · explained in 13 episodes
• Hybrid Approach — 1× in this paper · explained in 4 episodes
• Markov Decision Problem — 1× in this paper
• Markov Decision Process (MDP) — 1× in this paper · explained in 10 episodes
• Panel Study of Income Dynamics — 1× in this paper
• Selection Bias — 1× in this paper · explained in 4 episodes
• Survey of Consumer Finances — 1× in this paper
• Systematic Bias — 1× in this paper · explained in 3 episodes
• Temporal Abstraction — 1× in this paper · explained in 2 episodes
• Theoretical Guarantees — 1× in this paper · explained in 2 episodes

Sources

• Learning Optimal Behavior Through Reasoning and Experiences

Related papers

• How optimistic inflow forecasts distort dispatch, prices, and contracts in hydro-dominated power systems: evidence from Brazil
• The Economics of AI Inference: Inflation Dynamics, Welfare Costs, and Optimal Monetary Policy under the Inference-Cost Phillips Curve
• AI Economist Agent: An Agentic Framework for Evidence-Based Economic and Financial Analysis with RAG, Knowledge Graphs, and Large Language Models
• The Economics of Model Collapse: Equilibrium, Welfare, and Optimal Provenance Subsidies in Synthetic Data Markets
• Is Decentralized Finance Actually Decentralized? An Interdisciplinary Framework Integrating Network Theory, Agent-Based Simulation, and Longitudinal Evidence from Aave, GHO Issuance, and Cross-Chain Expansion
• Delphos: A reinforcement learning framework for assisting discrete choice model specification