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Decision Making and Imperfection
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SYSNO ASEP 0389621 Document Type B - Monograph R&D Document Type The record was not marked in the RIV Title Decision Making and Imperfection Author(s) Guy, Tatiana Valentine (UTIA-B ed.) RID, ORCID
Kárný, Miroslav (UTIA-B ed.) RID, ORCID
Wolpert, D. H. (ed. US)Number of authors 3 Issue data Berlin: Springer, 2013 ISBN 978-3-642-36405-1 ISSN 1860-949X Series Studies in Computational Intelligence Series number 474 Number of pages 187 s. Publication form Print - P Language eng - English Country DE - Germany Keywords decision making ; imperfection Subject RIV BC - Control Systems Theory R&D Projects GA102/08/0567 GA ČR - Czech Science Foundation (CSF) GA13-13502S GA ČR - Czech Science Foundation (CSF) Institutional support UTIA-B - RVO:67985556 CEZ AV0Z10750506 - UTIA-B (2005-2011) DOI 10.1007/978-3-642-36406-8 Annotation Decision making (DM) is ubiquitous in both natural and artificial systems. The decisions made often differ from those recommended by the axiomatically well-grounded normative Bayesian decision theory, in a large part due to limited cognitive and computational resources of decision makers (either artificial units or humans). This state of affairs is often described by saying that decision makers are imperfect and exhibit bounded rationality. The neglected influence of emotional state and personality traits is an additional reason why normative theory fails to model human DM process. The book is a joint effort of the top researchers from different disciplines to identify sources of imperfection and ways how to decrease discrepancies between the prescriptive theory and real-life. Workplace Institute of Information Theory and Automation Contact Markéta Votavová, votavova@utia.cas.cz, Tel.: 266 052 201. Year of Publishing 2013
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