Modeling Rational Agents

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Modeling Rational Agents

Author : Nicola Giocoli
Publisher : Edward Elgar Publishing
Page : 482 pages
File Size : 54,5 Mb
Release : 2003-01-01
Category : Political Science
ISBN : 1781956472

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Modeling Rational Agents by Nicola Giocoli Pdf

"This book explores the evolution, through the first half of the 20th century, of the key neoclassical concept of rationality. The analysis begins with the development of modern decision theory, covers the interwar debates over the role of perfect foresight and analyzes the first game-theoretic solution concepts of von Neumann and Nash. The author's proposition is that the notion of rationality suffered a profound transformation that reduced it to a formal property of consistency. Such a transformation paralleled that of neoclassical economics as a whole from a discipline dealing with real economic processes to one investigating issues of logical consistency between mathematical relationships."

Models of Bounded Rationality and Mechanism Design

Author : Jacob Glazer,Ariel Rubinstein
Publisher : World Scientific Publishing Company
Page : 153 pages
File Size : 49,8 Mb
Release : 2016-08-22
Category : Business & Economics
ISBN : 9789813141339

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Models of Bounded Rationality and Mechanism Design by Jacob Glazer,Ariel Rubinstein Pdf

This book brings together the authors' joint papers from over a period of more than twenty years. The collection includes seven papers, each of which presents a novel and rigorous model in Economic Theory. All of the models are within the domain of implementation and mechanism design theories. These theories attempt to explain how incentive schemes and organizations can be designed with the goal of inducing agents to behave according to the designer's (principal's) objectives. Most of the literature assumes that agents are fully rational. In contrast, the authors inject into each model an element which conflicts with the standard notion of full rationality, demonstrating how such elements can dramatically change the mechanism design problem. Although all of the models presented in this volume touch on mechanism design issues, it is the formal modeling of bounded rationality that the authors are most interested in. A model of bounded rationality signifies a model that contains a procedural element of reasoning that is not consistent with full rationality. Rather than looking for a canonical model of bounded rationality, the articles introduce a variety of modeling devices that will capture procedural elements not previously considered, and which alter the analysis of the model. The book is a journey into the modeling of bounded rationality. It is a collection of modeling ideas rather than a general alternative theory of implementation.

Reasoning about Rational Agents

Author : Michael Wooldridge
Publisher : MIT Press
Page : 256 pages
File Size : 44,6 Mb
Release : 2003-01-01
Category : Computers
ISBN : 0262265028

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Reasoning about Rational Agents by Michael Wooldridge Pdf

This book focuses on the belief-desire-intention (BDI) model of rational agents, which recognizes the primacy of beliefs, desires, and intentions in rational action. One goal of modern computer science is to engineer computer programs that can act as autonomous, rational agents; software that can independently make good decisions about what actions to perform on our behalf and execute those actions. Applications range from small programs that intelligently search the Web buying and selling goods via electronic commerce, to autonomous space probes. This book focuses on the belief-desire-intention (BDI) model of rational agents, which recognizes the primacy of beliefs, desires, and intentions in rational action. The BDI model has three distinct strengths: an underlying philosophy based on practical reasoning in humans, a software architecture that is implementable in real systems, and a family of logics that support a formal theory of rational agency.The book introduces a BDI logic called LORA (Logic of Rational Agents). In addition to the BDI component, LORA contains a temporal component, which allows one to represent the dynamics of how agents and their environments change over time, and an action component, which allows one to represent the actions that agents perform and the effects of the actions. The book shows how LORA can be used to capture many components of a theory of rational agency, including such notions as communication and cooperation.

Understanding Foreign Policy Decision Making

Author : Alex Mintz,Karl DeRouen Jr
Publisher : Cambridge University Press
Page : 128 pages
File Size : 51,7 Mb
Release : 2010-02-22
Category : Political Science
ISBN : 9781139487221

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Understanding Foreign Policy Decision Making by Alex Mintz,Karl DeRouen Jr Pdf

Understanding Foreign Policy Decision Making presents a psychological approach to foreign policy decision making. This approach focuses on the decision process, dynamics, and outcome. The book includes a wealth of extended real-world case studies and examples that are woven into the text. The cases and examples, which are written in an accessible style, include decisions made by leaders of the United States, Israel, New Zealand, Cuba, Iceland, United Kingdom, and others. In addition to coverage of the rational model of decision making, levels of analysis of foreign policy decision making, and types of decisions, the book includes extensive material on alternatives to the rational choice model, the marketing and framing of decisions, cognitive biases, and domestic, cultural, and international influences on decision making in international affairs. Existing textbooks do not present such an approach to foreign policy decision making, international relations, American foreign policy, and comparative foreign policy.

Conceptual Modeling

Author : Alberto H. F. Laender,Barbara Pernici,Ee-Peng Lim,José Palazzo M. de Oliveira
Publisher : Springer Nature
Page : 568 pages
File Size : 52,8 Mb
Release : 2019-10-28
Category : Computers
ISBN : 9783030332235

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Conceptual Modeling by Alberto H. F. Laender,Barbara Pernici,Ee-Peng Lim,José Palazzo M. de Oliveira Pdf

This book constitutes the refereed proceedings of the 38th International Conference on Conceptual Modeling, ER 2019, held in Salvador, Brazil, in November 2019. The 22 full and 22 short papers presented together with 4 keynotes were carefully reviewed and selected from 142 submissions. This events covers a wide range of topics, covered in the following sessions: conceptual modeling, big data technology I, process modeling and analysis, query approaches, big data technology II, domain specific models I, domain specific models II, decision making, complex systems modeling, model unification, big data technology III, and requirements modeling.

Foundations of Rational Agency

Author : Michael Wooldridge,A. Rao
Publisher : Springer Science & Business Media
Page : 303 pages
File Size : 47,8 Mb
Release : 2013-03-09
Category : Philosophy
ISBN : 9789401592048

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Foundations of Rational Agency by Michael Wooldridge,A. Rao Pdf

This volume represents an advanced, comprehensive state-of-the-art survey of the field of rational agency as it stands today. It covers the philosophical foundations of rational agency, logical and decision-theoretic approaches to rational agency, multi-agent aspects of rational agency and a number of approaches to programming rational agents. It will be of interest to researchers in logic, mainstream computer science, the philosophy of rational action and agency, and economics.

Network Theory and Agent-Based Modeling in Economics and Finance

Author : Anindya S. Chakrabarti,Lukáš Pichl,Taisei Kaizoji
Publisher : Springer Nature
Page : 458 pages
File Size : 44,7 Mb
Release : 2019-10-23
Category : Business & Economics
ISBN : 9789811383199

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Network Theory and Agent-Based Modeling in Economics and Finance by Anindya S. Chakrabarti,Lukáš Pichl,Taisei Kaizoji Pdf

This book presents the latest findings on network theory and agent-based modeling of economic and financial phenomena. In this context, the economy is depicted as a complex system consisting of heterogeneous agents that interact through evolving networks; the aggregate behavior of the economy arises out of billions of small-scale interactions that take place via countless economic agents. The book focuses on analytical modeling, and on the econometric and statistical analysis of the properties emerging from microscopic interactions. In particular, it highlights the latest empirical and theoretical advances, helping readers understand economic and financial networks, as well as new work on modeling behavior using rich, agent-based frameworks. Innovatively, the book combines observational and theoretical insights in the form of networks and agent-based models, both of which have proved to be extremely valuable in understanding non-linear and evolving complex systems. Given its scope, the book will capture the interest of graduate students and researchers from various disciplines (e.g. economics, computer science, physics, and applied mathematics) whose work involves the domain of complexity theory.

Reasoning about Rational Agents

Author : Michael J. Wooldridge
Publisher : Bradford Books
Page : 227 pages
File Size : 48,9 Mb
Release : 2000
Category : Computers
ISBN : 0262232138

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Reasoning about Rational Agents by Michael J. Wooldridge Pdf

One goal of modern computer science is to engineer computer programs that can act as autonomous, rational agents; software that can independently make good decisions about what actions to perform on our behalf and execute those actions. Applications range from small programs that intelligently search the Web buying and selling goods via electronic commerce, to autonomous space probes. This book focuses on the belief-desire-intention (BDI) model of rational agents, which recognizes the primacy of beliefs, desires, and intentions in rational action. The BDI model has three distinct strengths: an underlying philosophy based on practical reasoning in humans, a software architecture that is implementable in real systems, and a family of logics that support a formal theory of rational agency.The book introduces a BDI logic called LORA (Logic of Rational Agents). In addition to the BDI component, LORA contains a temporal component, which allows one to represent the dynamics of how agents and their environments change over time, and an action component, which allows one to represent the actions that agents perform and the effects of the actions. The book shows how LORA can be used to capture many components of a theory of rational agency, including such notions as communication and cooperation.

Bounded Rational Choice Behaviour

Author : Soora Rasouli,Harry Timmermans
Publisher : Emerald Group Publishing
Page : 288 pages
File Size : 45,9 Mb
Release : 2015-01-30
Category : Transportation
ISBN : 9781784410711

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Bounded Rational Choice Behaviour by Soora Rasouli,Harry Timmermans Pdf

The book is an attempt to stimulate development in travel behaviour analysis and provide a basic source of reference to the transportation research community. The aim of the book is to give centre stage to some recent innovative approaches to models of bounded rationality, both under conditions of certainty and uncertainty.

Modelling and Identification with Rational Orthogonal Basis Functions

Author : Peter S.C. Heuberger,Paul M.J. van den Hof,Bo Wahlberg
Publisher : Springer Science & Business Media
Page : 432 pages
File Size : 53,7 Mb
Release : 2005-06-30
Category : Technology & Engineering
ISBN : 185233956X

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Modelling and Identification with Rational Orthogonal Basis Functions by Peter S.C. Heuberger,Paul M.J. van den Hof,Bo Wahlberg Pdf

Models of dynamical systems are of great importance in almost all fields of science and engineering and specifically in control, signal processing and information science. A model is always only an approximation of a real phenomenon so that having an approximation theory which allows for the analysis of model quality is a substantial concern. The use of rational orthogonal basis functions to represent dynamical systems and stochastic signals can provide such a theory and underpin advanced analysis and efficient modelling. It also has the potential to extend beyond these areas to deal with many problems in circuit theory, telecommunications, systems, control theory and signal processing. Modelling and Identification with Rational Orthogonal Basis Functions affords a self-contained description of the development of the field over the last 15 years, furnishing researchers and practising engineers working with dynamical systems and stochastic processes with a standard reference work.

Constructive Dialogue Modelling

Author : Kristiina Jokinen
Publisher : John Wiley & Sons
Page : 178 pages
File Size : 49,6 Mb
Release : 2009-05-27
Category : Technology & Engineering
ISBN : 0470511249

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Constructive Dialogue Modelling by Kristiina Jokinen Pdf

Dialogue management technology has developed rapidly over the years resulting in real-time applications like telephony directories, timetable enquiries, and in-car applications. However, the current technology is still largely based on models that use rigid command language type interactions, and the users need to adapt their human communication strategies to the needs of the technology. As an increasing number of interactive ubiquitous applications will appear, challenges for interaction technology concern especially natural, more human-friendly communication. Recent research has focused on developing speech-based interactive systems that aim to increase the system’s communicative competence. By including aspects of interaction beyond simple speech recognition and question-answer based interaction, applications with more conversational interfaces have become possible. New dialogue management technology needs to address the challenges in human-technology interaction, so that smart environments should not only enable user-controlled command interfaces but equip applications with a capability that affords easy and friendly interactions with the user. Dialogue Modelling: Speech Interaction and Rational Agents provides an overview of the current dialogue technology and research trends in spoken dialogue systems, presenting a coherent perspective of AI-based cooperative interaction management. The book complements existing research regarding human-computer interfaces, speech and language technology, and communication studies in general, bringing different view-points together and integrating them into a single point of reference. Constructive Dialogue Modelling: Presents a guide to spoken dialogue technology and current research trends. Provides an overview of human factors in dialogue systems and delivers a new metaphor for human-computer interaction and computer as agent. Explains the architecture of dialogue systems using examples from systems such as Interact and DUMAS Offers a comprehensive overview of original research into the new trends in speech dialogue technology in light of innovations such as ubiquitous computing. This book will provide essential reading for industrial designers and interface engineers, university researchers and teachers, computer scientists, human communication researchers, speech and language technologists, cognitive engineers/cognitive scientists, as well as social and media researchers, and psychologists. Advanced students and researchers in computer science, speech and language technologies, psychology and communication research will find this text of interest.

Digital Human Modeling

Author : Vincent G. Duffy
Publisher : Springer Science & Business Media
Page : 775 pages
File Size : 55,7 Mb
Release : 2009-07-14
Category : Computers
ISBN : 9783642028090

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Digital Human Modeling by Vincent G. Duffy Pdf

The 13th International Conference on Human–Computer Interaction, HCI Inter- tional 2009, was held in San Diego, California, USA, July 19–24, 2009, jointly with the Symposium on Human Interface (Japan) 2009, the 8th International Conference on Engineering Psychology and Cognitive Ergonomics, the 5th International Conference on Universal Access in Human–Computer Interaction, the Third International Conf- ence on Virtual and Mixed Reality, the Third International Conference on Internati- alization, Design and Global Development, the Third International Conference on Online Communities and Social Computing, the 5th International Conference on Augmented Cognition, the Second International Conference on Digital Human Mod- ing, and the First International Conference on Human Centered Design. A total of 4,348 individuals from academia, research institutes, industry and gove- mental agencies from 73 countries submitted contributions, and 1,397 papers that were judged to be of high scientific quality were included in the program. These papers - dress the latest research and development efforts and highlight the human aspects of the design and use of computing systems. The papers accepted for presentation thoroughly cover the entire field of human–computer interaction, addressing major advances in knowledge and effective use of computers in a variety of application areas.

Information and Communication Technologies (ICT) in Economic Modeling

Author : Federico Cecconi,Marco Campennì
Publisher : Springer
Page : 198 pages
File Size : 54,7 Mb
Release : 2019-07-30
Category : Business & Economics
ISBN : 9783030226053

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Information and Communication Technologies (ICT) in Economic Modeling by Federico Cecconi,Marco Campennì Pdf

This book presents the effects of integrating information and communication technologies (ICT) and economic processes in macroeconomic dynamics, finance, marketing, industrial policies, and in government economic strategy. The text explores modeling and applications in these fields and also describes, in a clear and accessible manner, the theories that guide the integration among information technology (IT), telecommunications, and the economy, while presenting examples of their applications. Current trends such as artificial intelligence, machine learning, and big data technologies used in economics are also included. This volume is suitable for researchers, practitioners, and students working in economic theory and the computational social sciences.

Modeling Bounded Rationality

Author : Ariel Rubinstein
Publisher : MIT Press
Page : 226 pages
File Size : 43,7 Mb
Release : 1998
Category : Business & Economics
ISBN : 0262681005

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Modeling Bounded Rationality by Ariel Rubinstein Pdf

The notion of bounded rationality was initiated in the 1950s by Herbert Simon; only recently has it influenced mainstream economics. In this book, Ariel Rubinstein defines models of bounded rationality as those in which elements of the process of choice are explicitly embedded. The book focuses on the challenges of modeling bounded rationality, rather than on substantial economic implications. In the first part of the book, the author considers the modeling of choice. After discussing some psychological findings, he proceeds to the modeling of procedural rationality, knowledge, memory, the choice of what to know, and group decisions.In the second part, he discusses the fundamental difficulties of modeling bounded rationality in games. He begins with the modeling of a game with procedural rational players and then surveys repeated games with complexity considerations. He ends with a discussion of computability constraints in games. The final chapter includes a critique by Herbert Simon of the author's methodology and the author's response. The Zeuthen Lecture Book series is sponsored by the Institute of Economics at the University of Copenhagen.

Agent-Based Models in Economics

Author : Domenico Delli Gatti,Giorgio Fagiolo,Mauro Gallegati,Alberto Russo
Publisher : Cambridge University Press
Page : 261 pages
File Size : 44,8 Mb
Release : 2018-03-22
Category : Business & Economics
ISBN : 9781108414999

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Agent-Based Models in Economics by Domenico Delli Gatti,Giorgio Fagiolo,Mauro Gallegati,Alberto Russo Pdf

The first step-by-step introduction to the methodology of agent-based models in economics, their mathematical and statistical analysis, and real-world applications.