Ulric B. and Evelyn L. Bray Social Sciences Seminar

Wednesday May 5, 2021 12:00 PM

Rational Anabolic Persuasion

Speaker: Ran Spiegler, Tel Aviv University & University College London
Location: Online Event

Abstract: We present a model of optimal training of a rational, sluggish agent. A trainer commits to a discrete-time, finite-state Markov process that governs the evolution of training intensity. Subsequently, the agent monitors the state and adjusts his capacity at every period. Adjustments are incremental: the agent's capacity can only change by one unit at a time. The trainer's objective is to maximize the agent's capacity - evaluated according to its lowest value under the invariant distribution - subject to an upper bound on average training intensity. We characterize the trainer's optimal policy, and show how stochastic, time-varying training intensity can dramatically increase the long-run capacity of a rational, sluggish agent. We relate our theoretical findings to "periodization" training techniques in exercise physiology.

Written with Kfir Eliaz.

How to view the seminar:
Sign up for a free twitch.tv account, and tune in on Wednesdays at noon pacific time on twitch.tv/caltechecontheory. You will be able to ask questions on the twitch chat.

Series Ulric B. and Evelyn L. Bray Social Sciences Seminar Series

Contact: Letty Diaz letty.diaz@caltech.edu