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Embodying Bounded Rationality: From Embodied Bounded Rationality to Embodied Rationality [PDF]
Frontiers in Psychology, 2021 Views of embodied cognition vary in degree of radicalism. The goal of this article is to explore how the range of moderate and radical views of embodied cognition can inform new approaches to rationality.
Enrico Petracca
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An evolutionary model of bounded rationality and intelligence. [PDF]
PLoS ONE, 2012 BACKGROUND: Most economic theories are based on the premise that individuals maximize their own self-interest and correctly incorporate the structure of their environment into all decisions, thanks to human intelligence.
Thomas J Brennan, Andrew W Lo
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What Can Deep Neural Networks Teach Us About Embodied Bounded Rationality [PDF]
Frontiers in Psychology, 2022 “Rationality” in Simon's “bounded rationality” is the principle that humans make decisions on the basis of step-by-step (algorithmic) reasoning using systematic rules of logic to maximize utility. “Bounded rationality” is the observation that the ability
Edward A. Lee
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Dynamic Evolution of Traveler’s Bounded-Rational Route Choice Behavior [PDF]
Journal of Advanced Transportation, 2018 Travelers’ route choice shows bounded-rationality because of different perceptions of route attributes. Based on the bounded-rationality, the paper proposes the dynamic evolution rules and route choice model, and simulation method is applied to study the
Xueqin Long +3 more
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Approaching Bounded Rationality: From Quantum Probability to Criticality [PDF]
Entropy, 2021 The bounded rationality mainstream is based on interesting experiments showing human behaviors violating classical probability (CP) laws. Quantum probability (QP) has been shown to successfully figure out such issues, supporting the hypothesis that ...
Lucio Tonello, Paolo Grigolini
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Modeling the Dynamic Choice of Travel Locations With the Spatial-Temporal Bounded Rationality [PDF]
IEEE Access, 2023 It is important to understand the mechanism of travel location choices, since the dynamic individual behavior would lead to the evolution of the network.
Chunjiao Dong +3 more
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The bounded rationality of probability distortion. [PDF]
Proc Natl Acad Sci U S A, 2020 Significance People distort probability in decision under risk and many other tasks. These distortions can be large, leading us to make markedly suboptimal decisions. There is no agreement on why we distort probability.
Zhang H, Ren X, Maloney LT.
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Research on Bounded Rationality of Fuzzy Choice Functions [PDF]
The Scientific World Journal, 2014 The rationality of a fuzzy choice function is a hot research topic in the study of fuzzy choice functions. In this paper, two common fuzzy sets are studied and analyzed in the framework of the Banerjee choice function.
Xinlin Wu, Yong Zhao
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Abstract This chapter follows the introductory chapter and serves as a fundamental step in agent-based modelling (ABM), focusing on the concept of bounded rationality (BR). As a nonstandard review of this otherwise hoary subject, this chapter argues that bounded rationality is a natural and inherent aspect of ABM, making ABM a sufficient
Coralio Ballester, Penelope Hernandez
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Editorial: Embodied bounded rationality [PDF]
Frontiers in Psychology, 2023 Riccardo Viale +2 more
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