Bounded rational agents playing a public goods game.
Sign Up to like & getrecommendations! Published in 2022 at "Physical review. E"
DOI: 10.1103/physreve.105.024114
Abstract: An agent-based model for human behavior in the well-known public goods game (PGG) is developed making use of bounded rationality, but without invoking mechanisms of learning. The underlying Markov decision process is driven by a… read more here.
Keywords: rational agents; public goods; goods game; bounded rational ... See more keywords
Quantifying Motor Task Performance by Bounded Rational Decision Theory
Sign Up to like & getrecommendations! Published in 2018 at "Frontiers in Neuroscience"
DOI: 10.3389/fnins.2018.00932
Abstract: Expected utility models are often used as a normative baseline for human performance in motor tasks. However, this baseline ignores computational costs that are incurred when searching for the optimal strategy. In contrast, bounded rational… read more here.
Keywords: rational decision; bounded rational; decision theory; motor ... See more keywords