Relevant bibliographies by topics / Bounded rational accounts

Contents

  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers

Academic literature on the topic 'Bounded rational accounts'

Author: Grafiati
Published: 4 June 2021
Last updated: 1 February 2022

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the lists of relevant articles, books, theses, conference reports, and other scholarly sources on the topic 'Bounded rational accounts.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Journal articles on the topic "Bounded rational accounts"

1

Marín Radoszynski, Andrea, and Pierre Pinson. "Electric demand response and bounded rationality: mean-field control for large populations of heterogeneous bounded-rational agents." Philosophical Transactions of the Royal Society A: Mathematical, Physical and Engineering Sciences 379, no. 2202 (2021): 20190429. http://dx.doi.org/10.1098/rsta.2019.0429.

Full text
Abstract:
The increased penetration of renewable energy sources into existing power systems induces challenges in supply–demand balancing. Demand-side flexibility is seen as an option to accommodate variability and limited predictability from renewable energy generation. Heat pumps at residential level, if well coordinated, can be one of those flexibility sources. The complexity involved is high though, since their coordinated operation combines control, population effects and the fact agents may actually not behave as rational decision-makers. We describe here a coordinated control framework that accou
APA, Harvard, Vancouver, ISO, and other styles
2

Weyland, Kurt. "The Diffusion of Revolution: ‘1848’ in Europe and Latin America." International Organization 63, no. 3 (2009): 391–423. http://dx.doi.org/10.1017/s0020818309090146.

Full text
Abstract:
AbstractWhat accounts for the spread of political protest and contention across countries? Analyzing the wildfire of attempted revolutions in 1848, the present article assesses four causal mechanisms for explaining diffusion, namely external pressure from a great power (such as revolutionary France after 1789); the promotion of new norms and values—such as liberalism and democracy—by more advanced countries; rational learning from successful contention in other nations; or boundedly rational, potentially distorted inferences from select foreign experiences. The patterns in which revolutionary
APA, Harvard, Vancouver, ISO, and other styles
3

Che, Hai, K. Sudhir, and P. B. Seetharaman. "Bounded Rationality in Pricing under State-Dependent Demand: Do Firms Look Ahead, and if So, How Far?" Journal of Marketing Research 44, no. 3 (2007): 434–49. http://dx.doi.org/10.1509/jmkr.44.3.434.

Full text
Abstract:
The authors propose an empirical procedure to investigate the pricing behavior of manufacturers and retailers in the presence of state-dependent demand. Rather than assuming that firms are perfectly forward looking and therefore solving accordingly for dynamic equilibriums that would arise in the presence of state dependence, the authors systematically evaluate whether boundedly rational firms indeed look ahead when they set prices and, if so, to what extent. They illustrate the procedure using household-level scanner-panel data on breakfast cereals and replicate the substantive results using
APA, Harvard, Vancouver, ISO, and other styles
4

Cornand, Camille, and Frank Heinemann. "Limited higher order beliefs and the welfare effects of public information." Journal of Economic Studies 42, no. 6 (2015): 1005–28. http://dx.doi.org/10.1108/jes-08-2015-0142.

Full text
Abstract:
Purpose – In games with strategic complementarities, public information about the state of the world has a larger impact on equilibrium actions than private information of the same precision, because the former is more informative about the likely behavior of others. This may lead to welfare-reducing “overreactions” to public signals as shown by Morris and Shin (2002). Recent experiments on games with strategic complementarities show that subjects attach a lower weight to public signals than theoretically predicted. The purpose of this paper is to reconsider the welfare effects of public signa
APA, Harvard, Vancouver, ISO, and other styles
5

Sperry-Taylor, Ashton T. "Bounded Rationality in the Centipede Game." Episteme 8, no. 3 (2011): 262–80. http://dx.doi.org/10.3366/epi.2011.0021.

Full text
Abstract:
AbstractNormative game theory unsatisfactorily explains rational behavior. Real people do not behave as predicted, and what is prescribed as rational behavior is normally unattainable in real-life. The problem is that current normative analysis does not account for people's cognitive limitations – their bounded rationality. However, this paper develops an account of bounded rationality that explains the rationality of more realistic behavior. I focus on the Centipede Game, in which boundedly rational players explore and test others' immediate behavior, until they can apply limited backward ind
APA, Harvard, Vancouver, ISO, and other styles
6

Crawford, Vincent P. "Lying for Strategic Advantage: Rational and Boundedly Rational Misrepresentation of Intentions." American Economic Review 93, no. 1 (2003): 133–49. http://dx.doi.org/10.1257/000282803321455197.

Full text
Abstract:
Starting from an example of the Allies' decision to feint at Calais and attack Normandy on D-Day, this paper models misrepresentation of intentions to competitors or enemies. Allowing for the possibility of bounded strategic rationality and rational players' responses to it yields a sensible account of lying via costless, noiseless messages. In some leading cases, the model has generically unique pure-strategy sequential equilibria, in which rational players exploit boundedly rational players, but are not themselves fooled. In others, the model has generically essentially unique mixed-strategy
APA, Harvard, Vancouver, ISO, and other styles
7

Shults, D. N. "Behavioral economics and DSGE-modeling." Voprosy Ekonomiki, no. 1 (January 8, 2020): 47–65. http://dx.doi.org/10.32609/0042-8736-2020-1-47-65.

Full text
Abstract:
The article considers the “behavioral” modification of the standard DSGE model proposed by X. Gabaix. In his model, agents behave in a boundedly rational manner, showing incomplete attention to macroeconomic statistics. Moreover, unlike other attempts to abandon the hypothesis of rational expectations in favor of a model of adaptive and/or static expectations, the Gabaix model is initially constructed taking into account the inattention of economic agents to macro variables. The consequence of bounded rationality is that monetary policy is less effective (compared to the model of rational expe
APA, Harvard, Vancouver, ISO, and other styles
8

Tor, Avishalom. "Boundedly Rational Entrepreneurs and Antitrust." Antitrust Bulletin 61, no. 4 (2016): 520–40. http://dx.doi.org/10.1177/0003603x16673948.

Full text
Abstract:
This article examines entrepreneurial activity and its implication for policy and antitrust law from a behavioral perspective. In particular, the analysis here focuses on the role of two sets of behavioral phenomena—overconfident beliefs and risk-seeking preferences—in facilitating boundedly rational entrepreneurship. Boundedly rational entrepreneurs may engage in entrepreneurial activity, such as the starting of new business ventures, under circumstances in which rational entrepreneurs would decline to do so. Consequently, overconfident or risk-seeking entrants compete with their more rationa
APA, Harvard, Vancouver, ISO, and other styles
9

Zizzo, Daniel John. "Economic man: Self-interest and rational choice." Behavioral and Brain Sciences 28, no. 6 (2005): 837–38. http://dx.doi.org/10.1017/s0140525x05450141.

Full text
Abstract:
“Economic man” assumes not only self-interest, but also rationality of choices. The finding that ultimatum game offers can be explained by ambiguity aversion as well as pessimism, plus other findings, suggests the usefulness of taking bounded rationality more into account. Neurodevelopmental and heritability research supports the authors' emphasis on the importance of social learning and socialization.
APA, Harvard, Vancouver, ISO, and other styles
10

Batista, S. F. A., Chuan-Lin Zhao, and Ludovic Leclercq. "Effects of Users’ Bounded Rationality on a Traffic Network Performance: A Simulation Study." Journal of Advanced Transportation 2018 (September 10, 2018): 1–20. http://dx.doi.org/10.1155/2018/9876598.

Full text
Abstract:
In this paper, we revisit the principle of bounded rationality applied to dynamic traffic assignment to evaluate its influences on network performance. We investigate the influence of different types of bounded rational user behavior on (i) route flows at equilibrium and (ii) network performance in terms of its internal, inflow, and outflow capacities. We consider the implementation of a bounded rational framework based on Monte Carlo simulation. A Lighthill-Whitham-Richards (LWR) mesoscopic traffic simulator is considered to calculate time-dependent route costs that account for congestion, sp
APA, Harvard, Vancouver, ISO, and other styles
More sources

Dissertations / Theses on the topic "Bounded rational accounts"

1

Dafnos, Stavros. "Five essays in applied economic theory and times series econometrics with applications to accounting and economics." Thesis, Brunel University, 2017. http://bura.brunel.ac.uk/handle/2438/15618.

Full text
Abstract:
We employ some of the modern tools of economic theory and time series econometrics to consider a number of economic problems. The communication and coordination problems we study are relevant in accounting, business, economics and finance. The thesis begins by examining the behaviour of people and organisations, who are supposed to share a common goal. Then it considers the equilibriating mechanisms of behaviour by groups of economic agents, who usually have conflicting interests. We apply the tools of non-cooperative game theory, which constitutes a large part of modern economic theory. In th
APA, Harvard, Vancouver, ISO, and other styles

Books on the topic "Bounded rational accounts"

1

Helm, Bennett W. Communal Values and Character-Oriented Reactive Attitudes. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780198801863.003.0007.

Full text
Abstract:
Whereas most accounts of the reactive attitudes and of responsibility focus on norms of action, we must also consider norms of character: norms that govern the kind of person we can or must be. We are bound by norms of character and so responsible to fellow members for who we are in the same way as for norms of action: via the interpersonal rational patterns in our reactive attitudes. Accordingly, this Chapter develops an account of pride, shame, esteem, and contempt as character-oriented reactive attitudes, clarifies the sense in which these are globalist emotions, distinguishes between perso
APA, Harvard, Vancouver, ISO, and other styles

Book chapters on the topic "Bounded rational accounts"

1

Staffel, Julia. "A Small Piece of the Puzzle." In Unsettled Thoughts. Oxford University Press, 2019. http://dx.doi.org/10.1093/oso/9780198833710.003.0008.

Full text
Abstract:
Chapter 8 examines how the proposed view of rationality fits in with other related approaches to theorizing about rationality. The view is best seen as a small piece of a bigger puzzle, and it is therefore important to ensure that there is no tension between this view and nearby puzzle pieces. Five topics are discussed in particular: the relationship between propositional and doxastic rationality, the relationship between ideal and ecological/bounded rationality, the relationship between evaluative and ameliorative approaches to theorizing about rationality, the relationship between epistemological and semantic perspectives on rationality, and the relationship between rational evaluations, permissions, and obligations. The view proposed in this book is best understood as an account of the propositional epistemic rationality of credences. It not only harmonizes with the ways in which rationality is theorized in related domains, but is often a necessary ingredient for developing theories of these aspects of rationality.
APA, Harvard, Vancouver, ISO, and other styles

Conference papers on the topic "Bounded rational accounts"

1

D'Agostino, Marcello, and Sanjay Modgil. "A Fully Rational Account of Structured Argumentation Under Resource Bounds." In Twenty-Ninth International Joint Conference on Artificial Intelligence and Seventeenth Pacific Rim International Conference on Artificial Intelligence {IJCAI-PRICAI-20}. International Joint Conferences on Artificial Intelligence Organization, 2020. http://dx.doi.org/10.24963/ijcai.2020/255.

Full text
Abstract:
ASPIC+ is an established general framework for argumentation and non-monotonic reasoning. However, ASPIC+ does not satisfy the non-contamination rationality postulates, and moreover, tacitly assumes unbounded resources when demonstrating satisfaction of the consistency postulates. In this paper we present a new version of ASPIC+ – Dialectial ASPIC+ – that is fully rational under resource bounds.
APA, Harvard, Vancouver, ISO, and other styles
2

Miura, Naoki, Naoki Soneda, Shu Sawai, and Shinsuke Sakai. "Proposal of Rational Determination of Fracture Toughness Lower-Bound Curves by Master Curve Approach." In ASME 2009 Pressure Vessels and Piping Conference. ASMEDC, 2009. http://dx.doi.org/10.1115/pvp2009-77360.

Full text
Abstract:
The Master Curve gives the relation between the median of fracture toughness and temperature in ductile-brittle transition temperature region. The procedure to determine the Master Curve is provided in the current ASTM E1921 standard. Considering the substitution of the alternative lower-bound curves based on the Master Curve approach for the recursive KIc curves in the present codes, the statistical characteristic should be well incorporated into the determination of the lower-bound curves. The appendix in the ASTM standard provides the procedure to derive the lower-bound curves, however, it
APA, Harvard, Vancouver, ISO, and other styles
You might also be interested in the extended bibliographies on the topic 'Bounded rational accounts' for particular source types:
Journal articles
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!

To the bibliography