Results 31 to 40 of about 477,215 (294)
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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An Approximation Theorem for Vector Equilibrium Problems under Bounded Rationality
Mathematics, 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
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The number of boundedly rational choices on four elements
MethodsX, 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
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Valuation models and Simon's bounded rationality
Brazilian 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
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, 2017 In the gambling foundation of probability theory, rationality requires that a subject should always (never) find desirable all nonnegative (negative) gambles, because no matter the result of the experiment the subject never (always) decreases her money. Evaluating the nonnegativity of a gamble in infinite spaces is a difficult task. In fact, even if we
Alessio Benavoli +3 more
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Bounded rationality and multicriteria decision aiding [PDF]
Operations Research and DecisionsCompared to deciding under a single criterion, in Multicriteria Decision Aiding the role of the decision-maker is much more predominant. This is because in the former case, once the decision model is formulated, the notion of optimal decision is well ...
Ignacy Kaliszewski
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Bounded rationality in decision–making
MOJ Current Research & Reviews, 2018 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. The research question is: How does bounded rationality impact the decision making of organizations?
José G. VARGAS-HERNÁNDEZ +1 more
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