Results 1 to 10 of about 15,568 (347)

Transparent, simple and robust fast-and-frugal trees and their construction

open access: yesFrontiers in Human Dynamics, 2022
Today, diagnostic reasoning combines common and specialized knowledge, elements of numeracy, some facility with the basics of probability theory and, last but not least, ease in interactions with AI tools. We present procedures and tools for constructing
Laura Martignon   +2 more
doaj   +1 more source

Herbert A. Simon and the concept of rationality: boundaries and procedures

open access: yesBrazilian Journal of Political Economy, 2010
This paper discusses Herbert A. Simon's conception of rationality in two of its principal general definitions: bounded rationality and procedural rationality.
Gustavo Barros
doaj   +1 more source

An Approximation Theorem for Vector Equilibrium Problems under Bounded Rationality

open access: yesMathematics, 2020
In this paper, our purpose is to investigate the vector equilibrium problem of whether the approximate solution representing bounded rationality can converge to the exact solution representing complete rationality.
Wensheng Jia, Xiaoling Qiu, Dingtao Peng
doaj   +1 more source

The number of boundedly rational choices on four elements

open access: yesMethodsX, 2022
We use a combinatorial approach to identify and compute the number of non-isomorphic choices on four elements that can be explained by several models of bounded rationality.
Alfio Giarlotta   +2 more
doaj   +1 more source

Bounded rationality, capital budgeting decisions and small business [PDF]

open access: yes, 2020
Purpose The purpose of this paper is to provide insight into the capital budgeting decision-making of Canadian and Mexican entrepreneurs in small businesses in the food sector.
Kittler, Markus   +2 more
core   +1 more source

ICT Usage, Bounded Rationality and Business Performance of SMEs in Sri Lanka

open access: yesColombo Business Journal, 2021
This study endeavours to investigate empirically how Information and Communications Technology (ICT) usage affects the bounded rationality and business performance of Small and Medium Enterprises (SMEs) in Sri Lanka.
R. V. S. P. K. Ranatunga
doaj   +1 more source

Valuation models and Simon's bounded rationality

open access: yesBrazilian Journal of Political Economy, 2009
This paper aims at reconciling the evidence that sophisticated valuation models are increasingly used by companies in their investment appraisal with the literature of bounded rationality, according to which objective optimization is impracticable in the
Alexandra Strommer de Farias Godoi
doaj   +1 more source

An approximation theorem and generic convergence for equilibrium problems

open access: yesJournal of Inequalities and Applications, 2018
In this paper, we prove an approximation theorem for equilibrium problems and provide theoretical support for many algorithms. Simon’s bounded rationality is illustrated by an approximation theorem, that is, bounded rationality is approaching full ...
Xiaoling Qiu, Wensheng Jia, Dingtao Peng
doaj   +1 more source

A topology-based bounded rationality day-to-day traffic assignment model

open access: yesCommunications in Transportation Research, 2022
This paper analyzes the day-to-day adjustment process of users’ behaviors in a transport network which is affected by relevant alterations such as disruptions due to critical events which cause the impossibility to use one or more links. For representing
Enrico Siri, Silvia Siri, Simona Sacone
doaj   +1 more source

Dynamics of a Cournot Duopoly Game with a Generalized Bounded Rationality

open access: yesComplexity, 2020
In this paper, the dynamics of Cournot duopoly game with a generalized bounded rationality is considered. The fractional bounded rationality of the Cournot duopoly game is introduced.
A. Al-khedhairi
doaj   +1 more source

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