Information-theoretic bounded rationality and -optimality

DOI10.3390/E16084662MaRDI QIDQ296306zbMATH OpenOpenAlexFDO

Authors Daniel A. Braun, Pedro A. Ortega

Publication date 15 June 2016

Published in Entropy (Search for Journal in Brave)

Full work available at URL https://doi.org/10.3390/e16084662

Mathematics Subject Classification ID

Decision theory (91B06) Information theory (general) (94A15) General considerations in statistical decision theory (62C05) Rationality and learning in game theory (91A26)

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Cited in

(15)

• Bounded rationality for relaxing best response and mutual consistency: the quantal hierarchy model of decision making
• The Boltzmann distribution in the problem of rational choice by population of a patch under an imperfect information about its resources
• A tight sufficient condition for Radner-Stiglitz nonconcavity in the value of information
• An information theoretic model of bounded rationality
• The optimal sequential information acquisition structure: a rational utility-maximizing perspective
• scientific article; zbMATH DE number 3968248 (Why is no real title available?)
• Bounded rationality and control
• Thermodynamics as a theory of decision-making with information-processing costs
• Runtime analysis of non-elitist populations: from classical optimisation to partial information
• Ergodicity, Decisions, and Partial Information
• Bounded rationality and control
• Systems of Bounded Rational Agents with Information-Theoretic Constraints
• Systematic mistakes are likely in bounded optimal decision-making systems
• A reward-maximizing spiking neuron as a bounded rational decision maker
• The optimality of coarse categories in decision-making and information storage

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