Results 21 to 30 of about 15,568 (347)
Opening the Debate on the New Sepsis Definition Defining Sepsis: A Case of Bounded Rationality and Fuzzy Thinking? [PDF]
Angus DC.
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The bounded rationality of probability distortion. [PDF]
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. Distortion changes systematically with task, hinting that distortions are dynamic compensations for some intrinsic ...
Zhang H, Ren X, Maloney LT.
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The observation of the actual behavior by economic decision makers in the lab and in the field justifies that bounded rationality has been a generally accepted assumption in many socio-economic models.
Penelope Hernandez, Coralio Ballester
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The notion of bounded rationality has recently gained considerable popularity in the behavioural and social sciences. This article surveys the different usages of the term, in particular the way ‘anomalosus’ behavioural phenomena are elicited, how these ...
Grüne-Yanoff, Till,
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zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Giarlotta, Alfio +2 more
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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
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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An Approach to Bounded Rationality [PDF]
A central question in game theory and artificial intelligence is how a rational agent should behave in a complex environment, given that it cannot perform unbounded computations. We study strategic aspects of this question by formulating a simple model of a game with additional costs (computational or otherwise) for each strategy. First we connect this
Eli Ben-Sasson +2 more
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Bounded Rationality and Control
The rationality constraint condition is formulated, which states that when solving control, computing and communication problems ($C^3$) together, real-time requirements may not make it possible to find the optimal solution (control action), forcing the use of almost optimal solutions (the best found with the existing restrictions on the search ...
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Pushing the Bounds of Bounded Optimality and Rationality
Abstract All forms of cognition, whether natural or artificial, are subject to constraints of their computing architecture. This assumption forms the tenet of virtually all general theories of cognition, including those deriving from bounded optimality and bounded rationality.
Sebastian Musslick +1 more
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