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We propose to study market efficiency from a computational viewpoint. Borrowing from theoretical computer science, we define a market to be \emph{efficient with respect to resources $S$} (e.g., time, memory) if no strategy using resources…

Computational Engineering, Finance, and Science · Computer Science 2009-09-01 Jasmina Hasanhodzic , Andrew W. Lo , Emanuele Viola

In order to solve complex, long-horizon tasks, intelligent robots need to carry out high-level, abstract planning and reasoning in conjunction with motion planning. However, abstract models are typically lossy and plans or policies computed…

Robotics · Computer Science 2022-05-27 Naman Shah , Siddharth Srivastava

In game theory and artificial intelligence, decision making models often involve maximizing expected utility, which does not respect ordinal invariance. In this paper, the author discusses the possibility of preserving ordinal invariance…

Artificial Intelligence · Computer Science 2010-06-14 Ji Han

In the knapsack problem under explorable uncertainty, we are given a knapsack instance with uncertain item profits. Instead of having access to the precise profits, we are only given uncertainty intervals that are guaranteed to contain the…

Data Structures and Algorithms · Computer Science 2025-07-04 Jens Schlöter

This paper presents an empirical investigation of the relation between decision speed and decision quality for a real-world setting of cognitively-demanding decisions in which the timing of decisions is endogenous: professional chess.…

General Economics · Economics 2022-01-27 Uwe Sunde , Dainis Zegners , Anthony Strittmatter

Evolutionary algorithms are particularly effective for optimisation problems with dynamic and stochastic components. We propose multi-objective evolutionary approaches for the knapsack problem with stochastic profits under static and…

Neural and Evolutionary Computing · Computer Science 2024-04-15 Kokila Kasuni Perera , Aneta Neumann

We model the joint distribution of choice probabilities and decision times in binary choice tasks as the solution to a problem of optimal sequential sampling, where the agent is uncertain of the utility of each action and pays a constant…

Neurons and Cognition · Quantitative Biology 2015-05-14 Drew Fudenberg , Philipp Strack , Tomasz Strzalecki

We consider the problem of explaining the predictions of an arbitrary blackbox model $f$: given query access to $f$ and an instance $x$, output a small set of $x$'s features that in conjunction essentially determines $f(x)$. We design an…

Machine Learning · Computer Science 2021-11-03 Guy Blanc , Jane Lange , Li-Yang Tan

We present a polynomial-time algorithm that determines, given some choice rule, whether there exists an obviously strategy-proof mechanism for that choice rule.

Theoretical Economics · Economics 2022-10-25 Louis Golowich , Shengwu Li

In our work, we continue to explore the properties of interval-valued fuzzy soft sets, which are obtained by combining interval-valued fuzzy sets and soft sets. We introduce the concept of energy of an interval-valued fuzzy soft set, as…

Artificial Intelligence · Computer Science 2024-05-28 Ljubica Djurović , Maja Laković , Nenad Stojanović

We consider \textsc{Persistence}, a new online problem concerning optimizing weighted observations in a stream of data when the observer has limited buffer capacity. A stream of weighted items arrive one at a time at the entrance of a…

Data Structures and Algorithms · Computer Science 2016-04-12 Konstantinos Georgiou , George Karakostas , Evangelos Kranakis , Danny Krizanc

In many applications such as rationing medical care and supplies, university admissions, and the assignment of public housing, the decision of who receives an allocation can be justified by various normative criteria. Such settings have…

Computer Science and Game Theory · Computer Science 2023-05-30 Siddhartha Banerjee , Matthew Eichhorn , David Kempe

This paper studies a risk-sensitive decision-making problem under uncertainty. It considers a decision-making process that unfolds over a fixed number of stages, in which a decision-maker chooses among multiple alternatives, some of which…

Optimization and Control · Mathematics 2026-01-07 Chung-Han Hsieh , Yi-Shan Wong

We consider adaptive decision-making problems where an agent optimizes a cumulative performance objective by repeatedly choosing among a finite set of options. Compared to the classical prediction-with-expert-advice set-up, we consider…

Machine Learning · Computer Science 2023-04-10 Michael Muehlebach

Stochastic restoration algorithms allow to explore the space of solutions that correspond to the degraded input. In this paper we reveal additional fundamental advantages of stochastic methods over deterministic ones, which further motivate…

Image and Video Processing · Electrical Eng. & Systems 2024-05-21 Guy Ohayon , Theo Adrai , Michael Elad , Tomer Michaeli

There is a common belief that humans and many animals follow transitive inference (choosing A over C on the basis of knowing that A is better than B and B is better than C). Transitivity seems to be the essence of rational choice. We…

Computer Science and Game Theory · Computer Science 2014-09-23 Marcin Makowski , Edward W. Piotrowski

Generalizable manipulation requires that robots be able to interact with novel objects and environment. This requirement makes manipulation extremely challenging as a robot has to reason about complex frictional interaction with uncertainty…

Robotics · Computer Science 2023-01-18 Yuki Shirai , Devesh K. Jha , Arvind Raghunathan , Diego Romeres

The ability to place objects in the environment is an important skill for a personal robot. An object should not only be placed stably, but should also be placed in its preferred location/orientation. For instance, a plate is preferred to…

Robotics · Computer Science 2015-03-19 Yun Jiang , Changxi Zheng , Marcus Lim , Ashutosh Saxena

The ability to estimate task difficulty is critical for many real-world decisions such as setting appropriate goals for ourselves or appreciating others' accomplishments. Here we give a computational account of how humans judge the…

Artificial Intelligence · Computer Science 2019-05-15 Ilker Yildirim , Basil Saeed , Grace Bennett-Pierre , Tobias Gerstenberg , Joshua Tenenbaum , Hyowon Gweon

We introduce a discrete-time search game, in which two players compete to find an object first. The object moves according to a time-varying Markov chain on finitely many states. The players know the Markov chain and the initial probability…

Computer Science and Game Theory · Computer Science 2020-08-28 Benoit Duvocelle , János Flesch , Mathias Staudigl , Dries Vermeulen
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