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# Cognitive Limitations of Human Bayesian Learning

\label{fig:fully_rational} Replace this text with your caption

To do list:

• (Johannes) Explanation rational Bayesian convergence being equal $$\sqrt{t} = t^{1/2}$$
This follows from the Central Limit Theorem and from the fact that a rationally updated dirichlet conjugate prior acts as a counts model. For details see the following Wikipedia articles: Central Limit Theorem and Dirichlet Distribution.

• (Thomas) Explain the Hawkes Poisson Process as a candidate model in this context of bounded rationality

• (Thomas) Check dynamics as a function of 2 minutes sessions $$\rightarrow$$ Is there any coherent pattern between spikes and 2 minutes periods

• (Johannes) Compute matrices of distances between models as a function of time: The output should be triangular matrices

• (Johannes) Learning models in Economics