Bounded rationality and control

MaRDI QIDQ5086469zbMATH OpenFDO

Authors Dmitriĭ Aleksandrovich Novikov

Publication date 5 July 2022

Full work available at URL http://mathnet.ru/eng/mgta296

zbMATH Keywords

heuristicsreal timebounded rationalitydecision-makingnetwork managementstandard solutionanalytical complexityhierarchical game theorylaw of necessary diversity

Mathematics Subject Classification ID

Decision theory (91B06) Hierarchical games (including Stackelberg games) (91A65) Rationality and learning in game theory (91A26)

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Cites work

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• Bounded rationality in individual decision making
• Computational rationality: A converging paradigm for intelligence in brains, minds, and machines
• Estimation and control over communication networks
• Exponential stabilisability of finite-dimensional linear systems with limited data rates
• Game theory and mechanism design
• Information-theoretic bounded rationality and \(\epsilon\)-optimality
• Rationality and bounded rationality
• Risk Aversion in the Small and in the Large
• The bounds of reason. Game theory and the unification of the behavioral sciences.
• The problem of state estimation via asynchronous communication channels with irregular transmission times
• Utility maximization, choice and preference

Cited in

(6)

• Self-Control, Decision Theory, and Rationality
• Rationality and bounded rationality
• Bounded rationality and control
• Bounded versus unbounded rationality: The tyranny of the weak
• Limited self-control and long-run growth
• Psychology implies paternalism? Bounded rationality may reduce the rationale to regulate risk-taking

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