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We investigate how the choice of decision makers can be varied under the presence of risk and uncertainty. Our analysis is based on the approach we have previously applied to individual decision makers, which we now generalize to the case…

Physics and Society · Physics 2014-09-03 V. I. Yukalov , D. Sornette

Human consciousness has been a long-lasting mystery for centuries, while machine intelligence and consciousness is an arduous pursuit. Researchers have developed diverse theories for interpreting the consciousness phenomenon in human brains…

Neurons and Cognition · Quantitative Biology 2023-09-20 Zihan Ding , Xiaoxi Wei , Yidan Xu

We investigate opinion dynamics in a fully-connected system, consisting of $n$ identical and anonymous agents, where one of the opinions (which is called correct) represents a piece of information to disseminate. In more detail, one source…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-02-20 Luca Becchetti , Andrea Clementi , Amos Korman , Francesco Pasquale , Luca Trevisan , Robin Vacus

A rich class of mechanism design problems can be understood as incomplete-information games between a principal who commits to a policy and an agent who responds, with payoffs determined by an unknown state of the world. Traditionally,…

Theoretical Economics · Economics 2020-09-14 Modibo Camara , Jason Hartline , Aleck Johnsen

In recent studies of political decision-making, apparently anomalous behavior has been observed on the part of voters, in which negative information about a candidate strengthens, rather than weakens, a prior positive opinion about the…

Artificial Intelligence · Computer Science 2013-06-12 William W. Cohen , David P. Redlawsk , Douglas Pierce

Neural theories of consciousness face three difficulties: (1) The selection problem: how are those neurons which cause consciousness selected, from all the other neurons which do not? (2) the precision problem: how do neurons hold a…

Neurons and Cognition · Quantitative Biology 2024-05-21 Robert Worden

The search for a scientific theory of consciousness should result in theories that are falsifiable. However, here we show that falsification is especially problematic for theories of consciousness. We formally describe the standard…

Neurons and Cognition · Quantitative Biology 2021-04-29 Johannes Kleiner , Erik Hoel

Mutually exclusive decisions have been studied for decades. Many well-known decision theories have been defined to help people either to make rational decisions or to interpret people's behaviors, such as expected utility theory, regret…

Economics · Quantitative Finance 2018-01-09 Pengyu Zhu

This paper presents a plausible reasoning system to illustrate some broad issues in knowledge representation: dualities between different reasoning forms, the difficulty of unifying complementary reasoning styles, and the approximate nature…

Artificial Intelligence · Computer Science 2013-03-26 Wray L. Buntine

This white paper lays out a vision of research and development in the field of artificial intelligence for the next decade (and beyond). Its denouement is a cyber-physical ecosystem of natural and synthetic sense-making, in which humans are…

This document is written with the intention to describe in detail a method and means by which a computer program can reason about the world and in so doing, increase its analogue to a living system. As the literature is rife and it is…

Artificial Intelligence · Computer Science 2017-05-23 Christopher A. Tucker

Selective rationalization has become a common mechanism to ensure that predictive models reveal how they use any available features. The selection may be soft or hard, and identifies a subset of input features relevant for prediction. The…

Computation and Language · Computer Science 2019-12-17 Mo Yu , Shiyu Chang , Yang Zhang , Tommi S. Jaakkola

I consider decision-making constrained by considerations of morality, rationality, or other virtues. The decision maker (DM) has a true preference over outcomes, but feels compelled to choose among outcomes that are top-ranked by some…

Theoretical Economics · Economics 2020-03-17 Sarah Ridout

The concept of intelligent software is flawed. The behaviour of software is determined by the hardware that "interprets" it. This undermines claims regarding the behaviour of theorised, software superintelligence. Here we characterise this…

Artificial Intelligence · Computer Science 2024-11-04 Michael Timothy Bennett

Shortlisting is the process of selecting a subset of alternatives from a larger pool for further consideration or final decision-making. It is widely applied in social choice and multi-agent system scenarios. The growing demand for…

Computer Science and Game Theory · Computer Science 2026-01-30 Edith Elkind , Qishen Han , Lirong Xia

This is a model of consciousness. The hard problem of consciousness, what it feels like, is answered. The work builds on medical research analyzing the source and mechanisms associated with our feelings. It goes further by describing a…

Neurons and Cognition · Quantitative Biology 2024-01-26 Mark J. Hadley

Perfectly rational decision-makers maximize expected utility, but crucially ignore the resource costs incurred when determining optimal actions. Here we propose an information-theoretic formalization of bounded rational decision-making…

Statistics Theory · Mathematics 2015-06-04 Pedro A. Ortega , Daniel A. Braun

As we know, there is a controversy about the decision making under risk between economists and psychologists. We discuss to build a unified theory of risky choice, which would explain both of compensatory and non-compensatory theories. For…

Economics · Quantitative Finance 2017-03-24 Lamb Wubin , Naixin Ren

In economic theory, an agent chooses from available alternatives -- modeled as a set. In decisions in the field or in the lab, however, agents do not have access to the set of alternatives at once. Instead, alternatives are represented by…

Computer Science and Game Theory · Computer Science 2021-11-09 Paulo Oliva , Philipp Zahn

The paper defends the thesis that it's possible to maintain some conceptual preconditions of overcoming of relativistic intentions in modern philosophy of science ("there are no any general foundations in philosophy of science"). We found…

History and Philosophy of Physics · Physics 2015-02-09 Sergey Kulikov
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