Information-theoretic bounded rationality and -optimality

DOI10.3390/E16084662zbMATH Open1338.91050OpenAlexW1971394950MaRDI QIDQ296306FDOQ296306

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

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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)

Cites Work

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Cited In (15)

• Ergodicity, Decisions, and Partial Information
• The optimal sequential information acquisition structure: a rational utility-maximizing perspective
• A reward-maximizing spiking neuron as a bounded rational decision maker
• Thermodynamics as a theory of decision-making with information-processing costs
• Runtime analysis of non-elitist populations: from classical optimisation to partial information
• 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
• The optimality of coarse categories in decision-making and information storage
• An information theoretic model of bounded rationality
• A tight sufficient condition for Radner-Stiglitz nonconcavity in the value of information
• Systematic mistakes are likely in bounded optimal decision-making systems
• Title not available (Why is that?)
• Bounded rationality and control
• Bounded rationality and control
• Systems of Bounded Rational Agents with Information-Theoretic Constraints

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