WebMay 20, 2024 · 1. Introduction. Models incorporating temptation impulses and self-control are among the most prominent in behavioural economics (Strotz, 1955; Thaler and Shefrin, 1981; Laibson, 1997; O’Donoghue and Rabin, 1999; Gul and Pesendorfer, 2001; Fudenberg and Levine, 2006).The dynamic inconsistencies predicted by these models provide a … Webround, each client independently runs ˝iiterations of local solver (e.g., SGD) starting from the current global model x(t;0) to optimize its own local objective. In our theoretical framework, we treat ˝ias an arbitrary scalar which can also vary across rounds.In practice, if clients run for the same local epochs E, then ˝i= bEni=Bc, where Bis the mini-batch
Rule of Law Case Against Inconsistency and in Favour of …
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