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Bounded rational decision-makers transform sensory input into motor output under limited computational resources. Mathematically, such decision-makers can be modeled as information-theoretic channels with limited transmission rate. Here, we…

Artificial Intelligence · Computer Science 2016-05-24 Felix Leibfried , Daniel Alexander Braun

Bounded rationality, that is, decision-making and planning under resource limitations, is widely regarded as an important open problem in artificial intelligence, reinforcement learning, computational neuroscience and economics. This paper…

Machine Learning · Statistics 2015-12-22 Pedro A. Ortega , Daniel A. Braun , Justin Dyer , Kee-Eung Kim , Naftali Tishby

Subjective expected utility theory assumes that decision-makers possess unlimited computational resources to reason about their choices; however, virtually all decisions in everyday life are made under resource constraints - i.e.…

Machine Learning · Statistics 2016-10-07 Pedro A. Ortega , Alan A. Stocker

Deviations from rational decision-making due to limited computational resources have been studied in the field of bounded rationality, originally proposed by Herbert Simon. There have been a number of different approaches to model bounded…

Artificial Intelligence · Computer Science 2015-11-06 Jordi Grau-Moya , Daniel A. Braun

In this paper the theory of flexibly-bounded rationality which is an extension to the theory of bounded rationality is revisited. Rational decision making involves using information which is almost always imperfect and incomplete together…

Artificial Intelligence · Computer Science 2013-06-11 Tshilidzi Marwala

Information-theoretic bounded rationality describes utility-optimizing decision-makers whose limited information-processing capabilities are formalized by information constraints. One of the consequences of bounded rationality is that…

Machine Learning · Computer Science 2020-06-30 Heinke Hihn , Sebastian Gottwald , Daniel A. Braun

A perfectly rational decision-maker chooses the best action with the highest utility gain from a set of possible actions. The optimality principles that describe such decision processes do not take into account the computational costs of…

Artificial Intelligence · Computer Science 2013-12-25 Jordi Grau-Moya , Daniel A. Braun

The notion of bounded rationality originated from the insight that perfectly rational behavior cannot be realized by agents with limited cognitive or computational resources. Research on bounded rationality, mainly initiated by Herbert…

Artificial Intelligence · Computer Science 2021-09-13 Eyke Hüllermeier , Felix Mohr , Alexander Tornede , Marcel Wever

Biological agents, such as humans and animals, are capable of making decisions out of a very large number of choices in a limited time. They can do so because they use their prior knowledge to find a solution that is not necessarily optimal…

Robotics · Computer Science 2023-08-01 Durgakant Pushp , Junhong Xu , Lantao Liu

When robots share the same workspace with other intelligent agents (e.g., other robots or humans), they must be able to reason about the behaviors of their neighboring agents while accomplishing the designated tasks. In practice,…

Robotics · Computer Science 2022-10-18 Junhong Xu , Durgakant Pushp , Kai Yin , Lantao Liu

In this paper the theory of semi-bounded rationality is proposed as an extension of the theory of bounded rationality. In particular, it is proposed that a decision making process involves two components and these are the correlation…

Artificial Intelligence · Computer Science 2013-05-28 Tshilidzi Marwala

In normative models a decision-maker is usually assumed to be Bayesian rational, and so to maximize subjective expected utility, within a complete and correctly specified decision model. Following the discussion in Hammond (2007) of…

Theoretical Economics · Economics 2026-01-13 Peter J. Hammond

Despite the explosive growth of AI and the technologies built upon it, predicting and inferring the sub-optimal behavior of users or human collaborators remains a critical challenge. In many cases, such behaviors are not a result of…

Artificial Intelligence · Computer Science 2025-11-18 Yifan Zhu , Sammie Katt , Samuel Kaski

Rationality is often related to optimal decision making. Humans are known to be bounded rational agents. However, recent advances in computing, and other scientific and technical fields along with large amount of data have led to a feeling…

Computers and Society · Computer Science 2023-06-21 Dibakar Das

Information-theoretic principles for learning and acting have been proposed to solve particular classes of Markov Decision Problems. Mathematically, such approaches are governed by a variational free energy principle and allow solving MDP…

Artificial Intelligence · Computer Science 2016-04-08 Jordi Grau-Moya , Felix Leibfried , Tim Genewein , Daniel A. Braun

Bounded rationality is an important consideration stemming from the fact that agents often have limits on their processing abilities, making the assumption of perfect rationality inapplicable to many real tasks. We propose an…

Information Theory · Computer Science 2021-05-28 Benjamin Patrick Evans , Mikhail Prokopenko

Feed-forward neural networks can be understood as a combination of an intermediate representation and a linear hypothesis. While most previous works aim to diversify the representations, we explore the complementary direction by performing…

Machine Learning · Computer Science 2019-10-24 Han Zhao , Yao-Hung Hubert Tsai , Ruslan Salakhutdinov , Geoffrey J. Gordon

Rationality is frequently associated with making the best possible decisions. It's widely acknowledged that humans, as rational beings, have limitations in their decision-making capabilities. Nevertheless, recent advancements in fields,…

Computers and Society · Computer Science 2023-11-03 Dibakar Das

Coordination is a desirable feature in many multi-agent systems such as robotic and socioeconomic networks. We consider a task allocation problem as a binary networked coordination game over an undirected regular graph. Each agent in the…

Systems and Control · Electrical Eng. & Systems 2023-10-02 Yifei Zhang , Marcos M. Vasconcelos

Bounded agents are limited by intrinsic constraints on their ability to process information that is available in their sensors and memory and choose actions and memory updates. In this dissertation, we model these constraints as…

Machine Learning · Computer Science 2017-03-31 Roy Fox
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