
Decision Making and Imperfection
Springer (Publisher)
Published on 2. February 2013
Book
Hardback
XV, 187 pages
978-3-642-36405-1 (ISBN)
Description
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 a airs 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 DM. The contributions consider: · how a crowd of imperfect decision makers outperforms experts' decisions; · how to decrease decision makers' imperfection by reducing knowledge available; · how to decrease imperfection via automated elicitation of DM preferences; · a human's limited willingness to master the available decision-support tools as an additional source of imperfection; · how the decision maker's emotional state influences the rationality; a DM support of edutainment robot based on its system of values and respecting emotions. The book will appeal to anyone interested in the challenging topic of DM theory and its applications.
More details
Series
Edition
2013 ed.
Language
English
Place of publication
Berlin
Germany
Publishing group
Springer Berlin
Target group
Professional and scholarly
Research
Illustrations
24 farbige Abbildungen, 48 s/w Abbildungen
XV, 187 p. 72 illus., 24 illus. in color.
Dimensions
Height: 241 mm
Width: 160 mm
Thickness: 16 mm
Weight
477 gr
ISBN-13
978-3-642-36405-1 (9783642364051)
DOI
10.1007/978-3-642-36406-8
Schweitzer Classification
Other editions
Additional editions

Tatiana V. Guy | Miroslav Karny | David Wolpert
Decision Making and Imperfection
Book
03/2015
Springer
€106.99
Shipment within 7-9 days

Tatiana V. Guy | Miroslav Karny | David Wolpert
Decision Making and Imperfection
E-Book
02/2013
Springer
€96.29
Available for download
Content
Dynamic Bayesian Combination of Multiple Imperfect Classifiers.- Distributed Decision Making by Categorically-Thinking Agents.- Automated Preference Elicitation for Decision Making.- Counter-Factual Reinforcement Learning: How To Model Decision-Makers that Anticipate the Future.- Effect of Emotion and Personality on Deviation from Purely Rational Decision-Making.- An Adversarial Risk Analysis Model for an Autonomous Imperfect Decision Agent.