Results 21 to 30 of about 3,800 (242)
Journal of Advanced Transportation, 2020 With the advancement of connected autonomous vehicle (CAV) technology, research on future traffic conditions after the popularization of CAVs needs to be resolved urgently.
Zhizhen Liu +4 more
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Where is Bounded Rationality From?
Annals of Business Administrative Science, 2015 “Bounded rationality” has become such a key concept that the mere mention of the name “Simon” calls this phrase to mind. Nonetheless, this phrase does not appear in the original text of Administrative Behavior (Simon, 1947, 1957, 1976, 1997). In spite of
Nobuo TAKAHASHI
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Information-Theoretic Bounded Rationality and ε-Optimality
Entropy, 2014 Bounded rationality concerns the study of decision makers with limited information processing resources. Previously, the free energy difference functional has been suggested to model bounded rational decision making, as it provides a natural trade-off ...
Daniel A. Braun, Pedro A. Ortega
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Dynamic Evolution of Traveler’s Bounded-Rational Route Choice Behavior
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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Merkel Government’s Refugee Policy: Under Bounded Rationality
Social Sciences, 2023 As the country hosting the most significant number of refugees in Europe, Germany’s Merkel government’s refugee policy has been repeatedly adjusted and plagued by inconsistencies and management failures.
Zhongqi Niu +3 more
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Simulating Systems Thinking under Bounded Rationality
Complexity, 2020 Brian Arthur’s El Farol bar model of bounded rationality provides a simple computer model of decision making in a complex, dynamic, and self-organized environment.
Mark W. Sellers +2 more
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BOUNDED RATIONALITY IN DECISION-MAKING [PDF]
Challenges of the Knowledge Society, 2019 The purpose of this paper is to study the relationship between rationality and decision making. As a specific objective it will be explained the benefit of learning in the decision making process derived from its results.
José G. VARGAS-HERNÁNDEZ +1 more
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The Rationality Dialogy Between Economics and Psychology
Contemporary Social Sciences, 2016 Economics and psychology take distinct approaches to predicting and formalizing human behavior. Economics focuses on the normative view of rationality, while psychology emphasizes the descriptive nature of rationality.
Jing Qian
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Transparent, simple and robust fast-and-frugal trees and their construction
Frontiers 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
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Herbert A. Simon and the concept of rationality: boundaries and procedures
Brazilian 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
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