In Richard Bradley’s book, Decision Theory with a Human Face (2017), we have selected two themes for discussion. The first is the Bolker-Jeffrey (BJ) theory of decision, which the book uses throughout ...

Regret theory postulates that decision‐makers do not solely evaluate outcomes based on traditional expected utility; they also incorporate the anticipated emotional response resulting from realising ...

TROY, N.Y. — A new theory of economic decision-making from Mina Mahmoudi, a lecturer in the Department of Economics at Rensselaer Polytechnic Institute, offers an explanation as to why humans, in ...

Revue économique, Vol. 71, No. 2, SPECIAL ISSUE DEDICATED TO DAVID SCHMEIDLER (mars 2020), pp. 283-306 (24 pages) In the 1990s, David Schmeidler and Itzhak Gilboa initiated the study of ...

Deep Integration of Large Models and Self-Game Theory The core of this patent lies in combining the powerful knowledge reasoning ability of large models with the autonomous learning capability of self ...

Researchers have developed a new explainable artificial intelligence (AI) model to reduce bias and enhance trust and accuracy in machine learning-generated decision-making and knowledge organization.

A new theory of economic decision-making offers an explanation as to why humans, in general, make decisions that are simply adequate, not optimal. A new theory of economic decision-making from Mina ...