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At the beginning of a dynamic game, players may have exogenous theories about how the opponents are going to play. Suppose that these theories are commonly known. Then, players will refine their first-order beliefs, and challenge their own…

Computer Science and Game Theory · Computer Science 2017-07-28 Emiliano Catonini

An analyst observes the frequency with which a decision maker (DM) takes actions, but not the frequency conditional on payoff-relevant states. We ask when the analyst can rationalize the DM's choices as if the DM first learns something…

Theoretical Economics · Economics 2025-06-18 Laura Doval , Ran Eilat , Tianhao Liu , Yangfan Zhou

In earlier work, we introduced flexible inference and decision-theoretic metareasoning to address the intractability of normative inference. Here, rather than pursuing the task of computing beliefs and actions with decision models composed…

Artificial Intelligence · Computer Science 2013-02-21 Eric J. Horvitz , Adrian Klein

Given only aggregate choice data and limited information about how menus are distributed across the population, we describe what can be inferred robustly about the distribution of preferences (or more general decision rules). We strengthen…

Theoretical Economics · Economics 2024-05-16 Larry G Epstein , Kaushil Patel

Behavioral research can provide important insights for SE practices. But in performing it, many studies of SE are committing a normative fallacy - they misappropriate normative and prescriptive theories for descriptive purposes. The…

Software Engineering · Computer Science 2020-05-08 Christoph Becker

One of the most complex systems is the human brain whose formalized functioning is characterized by decision theory. We present a "Quantum Decision Theory" of decision making, based on the mathematical theory of separable Hilbert spaces.…

Artificial Intelligence · Computer Science 2010-10-29 V. I. Yukalov , D. Sornette

Prior work on generating explanations in a planning and decision-making context has focused on providing the rationale behind an AI agent's decision making. While these methods provide the right explanations from the explainer's…

Artificial Intelligence · Computer Science 2020-10-20 Mehrdad Zakershahrak , Shashank Rao Marpally , Akshay Sharma , Ze Gong , Yu Zhang

Diversification represents the idea of choosing variety over uniformity. Within the theory of choice, desirability of diversification is axiomatized as preference for a convex combination of choices that are equivalently ranked. This…

Economics · Quantitative Finance 2016-10-07 Enrico G. De Giorgi , Ola Mahmoud

Controversy about the significance of underdetermination of theories persists in the philosophy and conduct of science. The issue has practical import when research is used to inform decision making, because scientific uncertainty yields…

Econometrics · Economics 2026-04-09 Charles F. Manski

We study the experimentation dynamics of a decision maker (DM) in a two-armed bandit setup (Bolton and Harris (1999)), where the agent holds ambiguous beliefs regarding the distribution of the return process of one arm and is certain about…

Theoretical Economics · Economics 2021-04-02 Farzad Pourbabaee

In the theory of voting, the Plurality rule for preferences that come in the form of linear orders selects the alternatives most frequently appearing in the first position of those orders, while the Anti-Plurality rule selects the…

Computer Science and Game Theory · Computer Science 2026-05-21 Ulle Endriss , Federico Fioravanti

Human understanding of randomness and variation is shaped by a number of cognitive biases. Here we relate a lesser-known cognitive bias, the "outcome orientation", to medical questions and describe the harm that the outcome orientation can…

Physics Education · Physics 2017-02-20 Parris Taylor Humphrey , Joanna Masel

Any data annotation for subjective tasks shows potential variations between individuals. This is particularly true for annotations of emotional responses to musical stimuli. While older approaches to music emotion recognition systems…

Sound · Computer Science 2025-01-22 Karn N. Watcharasupat , Yiwei Ding , T. Aleksandra Ma , Pavan Seshadri , Alexander Lerch

This paper examines common assumptions regarding the decision-making internal environment for intelligent agents and investigates issues related to processing of memory and belief states to help obtain better understanding of the responses.…

Artificial Intelligence · Computer Science 2018-04-10 Subhash Kak

The fundamental problem underlying all multi-criteria decision analysis (MCDA) problems is that of dominance between any two alternatives: "Given two alternatives A and B, each described by a set criteria, is A preferred to B with respect…

Artificial Intelligence · Computer Science 2015-08-05 Ankit Agrawal

Here we focus on the description of the mechanisms behind the process of information aggregation and decision making, a basic step to understand emergent phenomena in society, such as trends, information spreading or the wisdom of crowds.…

Physics and Society · Physics 2015-04-15 Víctor M. Eguíluz , N. Masuda , J. Fernández-Gracia

Confusion over the predicativist conception of well-ordering pervades the literature and is responsible for widespread fundamental misconceptions about the nature of predicative reasoning. This short note aims to explain the principal…

Logic · Mathematics 2018-11-09 Nik Weaver

We study the problem of assigning indivisible objects to agents where each is to receive at most one. To ensure fairness in the absence of monetary compensation, we consider random assignments. Random Priority, also known as Random Serial…

Theoretical Economics · Economics 2025-06-24 Christian Basteck

Economists often estimate economic models on data and use the point estimates as a stand-in for the truth when studying the model's implications for optimal decision-making. This practice ignores model ambiguity, exposes the decision…

Econometrics · Economics 2021-10-07 Maximilian Blesch , Philipp Eisenhauer

This paper develops a theory of learning under ambiguity induced by the decision maker's beliefs about the collection of data correlated with the true state of the world. Within our framework, two classical results on Bayesian learning…

Theoretical Economics · Economics 2026-02-10 Cheaheon Lim
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