Information theory and observational limitations in decision making

DOI10.1515/1935-1704.1749zbMATH Open1277.91040OpenAlexW1974110631MaRDI QIDQ2867494FDOQ2867494

Authors: David Wolpert, D. S. Leslie 

Publication date: 19 December 2013

Published in: The B. E. Journal of Theoretical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1515/1935-1704.1749

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zbMATH Keywords

decision theoryinformation theorybounded rationalityregretrisk attitudeshedonic utilityS-shaped utilityconstrained observation

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16) Rationality and learning in game theory (91A26)

Cited In (3)

• Second-best probability weighting
• Thermodynamics as a theory of decision-making with information-processing costs
• Information Acquisition Under Resource Limitations in a Noisy Environment

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