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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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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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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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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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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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, 2004 A short critical note on a recent book, containing several different approaches to bounded rationality, and the adaptive toolbox.
Palma, Adriano
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Cogent Psychology, 2023 Most of us understand that our rationality is bounded by our cognitive limitations, knowledge, set of beliefs, etc. Generally, however, people are not sufficiently aware of their own bounded rationality and demonstrate overprecision vis-à-vis their ...
Nirit Yuviler-Gavish +2 more
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Exploring Lithuanian Real Estate Crowdfunding Investors’ Rationality
Organizacijų Vadyba: Sisteminiai Tyrimai, 2022 The research aims to assess how rational investors are in making real estate crowdfunding investment decisions and weather similar rationality investors share common individual-level characteristics.
Legenzova Renata, Leckė Gintarė
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