Results 61 to 70 of about 196 (135)

Ambiguity aversion, modern Bayesianism and small worlds. [PDF]

open access: yesOpen Res Eur, 2021
Pittis N   +4 more
europepmc   +1 more source

States, models and information: A reconsideration of Ellsberg's paradox

open access: yes, 2006
We show that a general process of decision making involves uncertainty about two different sets: the domain of the acts and another set, which we call the set of models for the decision maker. We study the effect of different information structures on the set of models, and prove the existence of a dichotomy: either the decision maker's ranking of the ...
openaire   +2 more sources

Causal Responsibility and Robust Causation. [PDF]

open access: yesFront Psychol, 2020
Grinfeld G   +4 more
europepmc   +1 more source

Decision-Making Paradoxes in Humans vs Machines: The case of the Allais and Ellsberg Paradoxes. [PDF]

open access: yes
Human decision-making is filled with a variety of paradoxes demonstrating deviations from rationality principles. Do state-of-the-art artificial intelligence (AI) models also manifest these paradoxes when making decisions? As a case study, in this work we investigate whether GPT-4, a recently released state-of-the-art language model, would show two ...
Nobandegani, Ardavan S.   +2 more
openaire   +1 more source

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