Relating Choice Of Agent Rationality To Agent Model Uncertainty

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Engineering Principles of Combat Modeling and Distributed Simulation

Author : Andreas Tolk
Publisher : John Wiley & Sons
ISBN 13 : 0470874295
Total Pages : 932 pages
Book Rating : 4.4/5 (78 download)

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Book Synopsis Engineering Principles of Combat Modeling and Distributed Simulation by : Andreas Tolk

Download or read book Engineering Principles of Combat Modeling and Distributed Simulation written by Andreas Tolk and published by John Wiley & Sons. This book was released on 2012-03-20 with total page 932 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explore the military and combat applications of modeling and simulation Engineering Principles of Combat Modeling and Distributed Simulation is the first book of its kind to address the three perspectives that simulation engineers must master for successful military and defense related modeling: the operational view (what needs to be modeled); the conceptual view (how to do combat modeling); and the technical view (how to conduct distributed simulation). Through methods from the fields of operations research, computer science, and engineering, readers are guided through the history, current training practices, and modern methodology related to combat modeling and distributed simulation systems. Comprised of contributions from leading international researchers and practitioners, this book provides a comprehensive overview of the engineering principles and state-of-the-art methods needed to address the many facets of combat modeling and distributed simulation and features the following four sections: Foundations introduces relevant topics and recommended practices, providing the needed basis for understanding the challenges associated with combat modeling and distributed simulation. Combat Modeling focuses on the challenges in human, social, cultural, and behavioral modeling such as the core processes of "move, shoot, look, and communicate" within a synthetic environment and also equips readers with the knowledge to fully understand the related concepts and limitations. Distributed Simulation introduces the main challenges of advanced distributed simulation, outlines the basics of validation and verification, and exhibits how these systems can support the operational environment of the warfighter. Advanced Topics highlights new and developing special topic areas, including mathematical applications fo combat modeling; combat modeling with high-level architecture and base object models; and virtual and interactive digital worlds. Featuring practical examples and applications relevant to industrial and government audiences, Engineering Principles of Combat Modeling and Distributed Simulation is an excellent resource for researchers and practitioners in the fields of operations research, military modeling, simulation, and computer science. Extensively classroom tested, the book is also ideal for courses on modeling and simulation; systems engineering; and combat modeling at the graduate level.

Soft Computing: State of the Art Theory and Novel Applications

Author : Ronald R Yager
Publisher : Springer
ISBN 13 : 3642349226
Total Pages : 316 pages
Book Rating : 4.6/5 (423 download)

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Book Synopsis Soft Computing: State of the Art Theory and Novel Applications by : Ronald R Yager

Download or read book Soft Computing: State of the Art Theory and Novel Applications written by Ronald R Yager and published by Springer. This book was released on 2012-10-31 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a tribute to Lotfi A. Zadeh, the father of fuzzy logic, on the occasion of his 90th Birthday. The book gathers original scientific contributions written by top scientists and presenting the latest theories, applications and new trends in the fascinating and challenging field of soft computing.

Risk, Uncertainty and Rational Action

Author : Carlo C. Jaeger
Publisher : Routledge
ISBN 13 : 1134203020
Total Pages : 321 pages
Book Rating : 4.1/5 (342 download)

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Book Synopsis Risk, Uncertainty and Rational Action by : Carlo C. Jaeger

Download or read book Risk, Uncertainty and Rational Action written by Carlo C. Jaeger and published by Routledge. This book was released on 2013-11-05 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk as we now know it is a wholly new phenomenon, the by-product of our ever more complex and powerful technologies. In business, policy making, and in everyday life, it demands a new way of looking at technological and environmental uncertainty. In this definitive volume, four of the world's leading risk researchers present a fundamental critique of the prevailing approaches to understanding and managing risk - the 'rational actor paradigm'. They show how risk studies must incorporate the competing interests, values, and rationalities of those involved and find a balance of trust and acceptable risk. Their work points to a comprehensive and significant new theory of risk and uncertainty and of the decision making process they require. The implications for social, political, and environmental theory and practice are enormous. Winner of the 2000-2002 Outstanding Publication Award of the Section on Environment and Technology of the American Sociological Association

Keynes Against Capitalism

Author : James Crotty
Publisher : Routledge
ISBN 13 : 0429877064
Total Pages : 411 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Keynes Against Capitalism by : James Crotty

Download or read book Keynes Against Capitalism written by James Crotty and published by Routledge. This book was released on 2019-04-29 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynes is one of the most important and influential economists who ever lived. It is almost universally believed that Keynes wrote his magnum opus, The General Theory of Employment, Interest and Money, to save capitalism from the socialist, communist, and fascist forces that were rising up during the Great Depression era. This book argues that this was not the case with respect to socialism. Tracing the evolution of Keynes’s views on policy from WWI until his death in 1946, Crotty argues that virtually all post-WWII "Keynesian" economists misinterpreted crucial parts of Keynes’s economic theory, misunderstood many of his policy views, and failed to realize that his overarching political objective was not to save British capitalism, but rather to replace it with Liberal Socialism. This book shows how Keynes’s Liberal Socialism began to take shape in his mind in the mid-1920s, evolved into a more concrete institutional form over the next decade or so, and was laid out in detail in his work on postwar economic planning at Britain’s Treasury during WWII. Finally, it explains how The General Theory provided the rigorous economic theoretical foundation needed to support his case against capitalism in support of Liberal Socialism. Offering an original and highly informative exposition of Keynes’s work, this book should be of great interest to teachers and students of economics. It should also appeal to a general audience interested in the role the most important economist of the 20th century played in developing the case against capitalism and in support of Liberal Socialism. Keynes Against Capitalism is especially relevant in the context of today’s global economic and political crises.

Competitive Agents in Certain and Uncertain Markets

Author : Robert G. Chambers
Publisher : Oxford University Press
ISBN 13 : 0190063033
Total Pages : 390 pages
Book Rating : 4.1/5 (9 download)

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Book Synopsis Competitive Agents in Certain and Uncertain Markets by : Robert G. Chambers

Download or read book Competitive Agents in Certain and Uncertain Markets written by Robert G. Chambers and published by Oxford University Press. This book was released on 2020-11-30 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: For all its elaborate theories and models, economics always reduces to comparisons. Should we build A rather than B? Will I be better off if I eat D rather than C? How much will it cost me to produce F instead of E? At root, the ultimate goal of economics is simple: assessing the alternatives and finding the best possible outcome. This basic mathematical concept underlies all introductions to the field of economics, yet as advanced students progress through the discipline, they often lose track of this foundational idea when presented with real-world complications and uncertainty. In Competitive Agents in Certain and Uncertain Markets, Robert G. Chambers develops an integrated analytic framework for treating consumer, producer, and market equilibrium analyses as special cases of a generic optimization problem. He builds on lessons learned by all beginning students of economics to show how basic concepts can still be applied even in complex and highly uncertain conditions. Drawing from optimization theory, Chambers demonstrates how the same unified mathematical framework applies to both stochastic and non-stochastic decision settings. The book borrows from both convex and variational analysis and gives special emphasis to differentiability, conjugacy theory, and Fenchel's Duality Theorem. Throughout, Chambers includes practical examples, problems, and exercises to make abstract material accessible. Bringing together essential theoretical tools for understanding decision-making under uncertainty, Competitive Agents in Certain and Uncertain Markets provides a unified framework for analyzing a broad range of microeconomic decisions. This book will be an invaluable resource for advanced graduate students and scholars of microeconomic theory.

The Theory of the Knowledge Square: The Fuzzy Rational Foundations of the Knowledge-Production Systems

Author : Kofi Kissi Dompere
Publisher : Springer
ISBN 13 : 3642311199
Total Pages : 232 pages
Book Rating : 4.6/5 (423 download)

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Book Synopsis The Theory of the Knowledge Square: The Fuzzy Rational Foundations of the Knowledge-Production Systems by : Kofi Kissi Dompere

Download or read book The Theory of the Knowledge Square: The Fuzzy Rational Foundations of the Knowledge-Production Systems written by Kofi Kissi Dompere and published by Springer. This book was released on 2012-08-28 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The monograph is about a meta-theory of knowledge-production process and the logical pathway that connects the epistemic possibility to the epistemic reality. It examines the general conditions of paradigms for information processing and isolates the classical and fuzzy paradigms for comparative analysis. The sets of conditions that give rise to them are defined, stated and analyzed to abstract the corresponding sets of laws of thought. The fuzzy paradigm with its corresponding logic and mathematics is related to inexact symbolism for the defective information structure where the results of the knowledge production must satisfy the epistemic conditionality, composed of fuzzy conditionality and fuzzy-stochastic conditionality under the principle of logical duality with continuum. The classical paradigm with its corresponding logic and mathematics is related to exact symbolism for exact information structure where the vagueness component of the defectiveness is assumed away, and where the results of the knowledge production must satisfy no epistemic conditionality or at the maximum only the stochastic conditionality under the principle of logical dualism with excluded middle. It is argued that the epistemic path that links ontological space to the epistemological space is information. The ontological space is taken as the primary category of reality while the epistemological space is shone to be a derivative. Such information is universally defective and together with assumptions imposed guides the development of paradigms with their laws of thought, logic of reasoning, mathematics and computational techniques. The relational structure is seen in terms of logical trinity with a given example as matter-information-energy transformational trinity which is supported by the time trinity of past-present-future relationality. The book is written for professionals, researchers and students working in philosophy of science, decision-choice theories, economies, sciences, computer science, engineering, cognitive psychology and researchers working on, or interested in fuzzy paradigm, fuzzy logic, fuzzy decisions, and phenomena of vagueness and ambiguities, fuzzy mathematics, fuzzy-stochastic processes and theory of knowledge. It is further aimed at research institutions and libraries. The subject matter belongs to extensive research and development taking place on fuzzy phenomena and the debate between the fuzzy paradigm and the classical paradigm relative to informatics, synergetic science and complexity theory. The book will have a global appeal and across disciplines. Its strength, besides the contents, is the special effort that is undertaken to make it relevant and accessible to different areas of sciences and knowledge production.

Exploring Reality and Its Uncertainties

Author : Ernest Krausz
Publisher : Liverpool University Press
ISBN 13 : 1836241682
Total Pages : 164 pages
Book Rating : 4.8/5 (362 download)

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Book Synopsis Exploring Reality and Its Uncertainties by : Ernest Krausz

Download or read book Exploring Reality and Its Uncertainties written by Ernest Krausz and published by Liverpool University Press. This book was released on 2010-10-12 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using the tools of science, philosophy and the social sciences, this book explores the numerous facets of what we understand reality to mean. It focuses on the human side, especially on the individual experience of reality as manifested through personality, cognitive power, self-consciousness, and rationalistic and communicative endowments.

Innovation, Organization and Economic Dynamics

Author : Giovanni Dosi
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782541851
Total Pages : 728 pages
Book Rating : 4.5/5 (418 download)

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Book Synopsis Innovation, Organization and Economic Dynamics by : Giovanni Dosi

Download or read book Innovation, Organization and Economic Dynamics written by Giovanni Dosi and published by Edward Elgar Publishing. This book was released on 2000-01-01 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional economic analysis of property rights in natural resources is too narrow and restrictive to allow for effective comparisons between alternative institutional structures. In this book, a conceptual framework is developed for the analysis of the

Fuzziness and Approximate Reasoning

Author : K. K. Dompere
Publisher : Springer Science & Business Media
ISBN 13 : 3540880860
Total Pages : 311 pages
Book Rating : 4.5/5 (48 download)

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Book Synopsis Fuzziness and Approximate Reasoning by : K. K. Dompere

Download or read book Fuzziness and Approximate Reasoning written by K. K. Dompere and published by Springer Science & Business Media. This book was released on 2009-03-25 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is special in its orientation and contribution to current state of our understanding of decision-choice process and knowledge production. Its special orientation is to bring to the scientific community the discussions on the epistemic structure of the relationships among uncertainty, expectations, risk, possibility, probability and how the rules of fuzzy paradigm and the methods of fuzzy rationality bring new and different understanding to the relationships. At the level of theory of knowledge, it presents the structure and epistemic analysis of uncertainty, expectations and risk in decision-choice actions through the characteristics of substitution-transformation and input-output processes in categorial dynamics of actual-potential duality. The interactive effects of rationality and expectation are examined around belief, prospect, time and conditions of belief justification where the relationship between possibility and probability as a sequential link between potential and actual is analyzed to provide some understanding of the role of relative costs and benefits in defining risk in both nature and society. The concepts of possibilistic and probabilistic beliefs are explicated in relation to rationality and the decision-choice process where the analytical relationship between uncertainty and expectation formation is presented leading to the introduction of two types of uncertainty composed of fuzzy uncertainty and stochastic uncertainty.

Financial Markets Theory

Author : Emilio Barucci
Publisher : Springer
ISBN 13 : 1447173228
Total Pages : 843 pages
Book Rating : 4.4/5 (471 download)

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Book Synopsis Financial Markets Theory by : Emilio Barucci

Download or read book Financial Markets Theory written by Emilio Barucci and published by Springer. This book was released on 2017-06-08 with total page 843 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work, now in a thoroughly revised second edition, presents the economic foundations of financial markets theory from a mathematically rigorous standpoint and offers a self-contained critical discussion based on empirical results. It is the only textbook on the subject to include more than two hundred exercises, with detailed solutions to selected exercises. Financial Markets Theory covers classical asset pricing theory in great detail, including utility theory, equilibrium theory, portfolio selection, mean-variance portfolio theory, CAPM, CCAPM, APT, and the Modigliani-Miller theorem. Starting from an analysis of the empirical evidence on the theory, the authors provide a discussion of the relevant literature, pointing out the main advances in classical asset pricing theory and the new approaches designed to address asset pricing puzzles and open problems (e.g., behavioral finance). Later chapters in the book contain more advanced material, including on the role of information in financial markets, non-classical preferences, noise traders and market microstructure. This textbook is aimed at graduate students in mathematical finance and financial economics, but also serves as a useful reference for practitioners working in insurance, banking, investment funds and financial consultancy. Introducing necessary tools from microeconomic theory, this book is highly accessible and completely self-contained. Advance praise for the second edition: "Financial Markets Theory is comprehensive, rigorous, and yet highly accessible. With their second edition, Barucci and Fontana have set an even higher standard!"Darrell Duffie, Dean Witter Distinguished Professor of Finance, Graduate School of Business, Stanford University "This comprehensive book is a great self-contained source for studying most major theoretical aspects of financial economics. What makes the book particularly useful is that it provides a lot of intuition, detailed discussions of empirical implications, a very thorough survey of the related literature, and many completely solved exercises. The second edition covers more ground and provides many more proofs, and it will be a handy addition to the library of every student or researcher in the field."Jaksa Cvitanic, Richard N. Merkin Professor of Mathematical Finance, Caltech "The second edition of Financial Markets Theory by Barucci and Fontana is a superb achievement that knits together all aspects of modern finance theory, including financial markets microstructure, in a consistent and self-contained framework. Many exercises, together with their detailed solutions, make this book indispensable for serious students in finance."Michel Crouhy, Head of Research and Development, NATIXIS

Preferring Justice

Author : Eric Cave
Publisher : Routledge
ISBN 13 : 1000308006
Total Pages : 157 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Preferring Justice by : Eric Cave

Download or read book Preferring Justice written by Eric Cave and published by Routledge. This book was released on 2019-07-11 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: This manuscript is about the sense of justice that limits what individuals can do in pursuit of their ends and opens them to exploitation. It shows how flawed agents choosing under partial information advance those of their ends having nothing to do with justice by maintaining such a disposition.

Rationality in Economics: Alternative Perspectives

Author : Ken Dennis
Publisher : Springer Science & Business Media
ISBN 13 : 9401148627
Total Pages : 153 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis Rationality in Economics: Alternative Perspectives by : Ken Dennis

Download or read book Rationality in Economics: Alternative Perspectives written by Ken Dennis and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ideas linked to rational choice theory started to appear frequently in the economics literature in the 1960s and 1970s, but the attention given to rationality widened to include commentators presenting far-reaching appraisals and critiques. The literature grew to a steady flow and spanned diverse areas of thought including socialist and `rational-choice Marxist' assessments, and other approaches including institutional, sociological, psychological, ethical, choice-theoretical, strategic, and game-theoretical treatments of rationality. This diversity of literature led to the creation of this volume. What does rationality mean? Was there some common core of meaning that held all of these seemingly disparate developments together, or were there discernable schools of thought with peculiarities that set them clearly apart from one another? The essays in this volume illustrate that diversity, and despite the variety of approaches there remains a common core of meaning that accommodates not so much a radically different set of concepts of rationality as a highly variegated array of methods and approaches to this subject. Contributors address topics of their choice on the concept of rationality in economics, and the selection of these contributors is meant to represent a variety of backgrounds and approaches.

The Economic Rise of China

Author : Zhihua Wang
Publisher : Taylor & Francis
ISBN 13 : 1000631877
Total Pages : 228 pages
Book Rating : 4.0/5 (6 download)

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Book Synopsis The Economic Rise of China by : Zhihua Wang

Download or read book The Economic Rise of China written by Zhihua Wang and published by Taylor & Francis. This book was released on 2022-08-08 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book seeks to reinvigorate debates on the growing forces influencing China’s social and economic evolution. It draws attention to several neglected areas in the discussion of China’s rapid economic expansion, such as unbalanced growth, mass internal migration, international labour flows, and disparities in access to education, public health, and housing. China’s rapid economic development has attracted the interest of many scholars following its emergence as the world’s second largest economy and stimulated research into the underlying factors that have made this development unique. In advancing research, the chapters included in this edited book help with refining our understanding of the forces that have been driving China’s social- economic, political, institutional and technological developments, addressing the related issues, thus, advancing the social economic literature within the China context. This book serves the interests of scholars who seek to understand more fully the development of China as well as of other emerging economies. One of the chapters in this volume was originally published in the Review of Evolutionary Political Economy. Other chapters were originally published in the Forum for Social Economics.

Modeling Rational Agents

Author : Nicola Giocoli
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781956472
Total Pages : 482 pages
Book Rating : 4.9/5 (564 download)

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Book Synopsis Modeling Rational Agents by : Nicola Giocoli

Download or read book Modeling Rational Agents written by Nicola Giocoli and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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."

Making Comparisons Count

Author : Ruth Chang
Publisher : Routledge
ISBN 13 : 1135714703
Total Pages : 214 pages
Book Rating : 4.1/5 (357 download)

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Book Synopsis Making Comparisons Count by : Ruth Chang

Download or read book Making Comparisons Count written by Ruth Chang and published by Routledge. This book was released on 2014-01-21 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book attempts to answer two questions: Are alternatives for choice ever incomparable? and In what ways can items be compared? The arguments offered suggest that alternatives for choice no matter how different are never incomparable, and that the ways in which items can be compared are richer and more varied than commonly supposed.

Bounded rationality and heterogeneity in economic dynamic models

Author : Pietro Dino Enrico Dindo
Publisher : Rozenberg Publishers
ISBN 13 : 9051709366
Total Pages : 180 pages
Book Rating : 4.0/5 (517 download)

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Book Synopsis Bounded rationality and heterogeneity in economic dynamic models by : Pietro Dino Enrico Dindo

Download or read book Bounded rationality and heterogeneity in economic dynamic models written by Pietro Dino Enrico Dindo and published by Rozenberg Publishers. This book was released on 2007 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Agents and Goals in Evolution

Author : Samir Okasha
Publisher : Oxford University Press
ISBN 13 : 0192546732
Total Pages : 240 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis Agents and Goals in Evolution by : Samir Okasha

Download or read book Agents and Goals in Evolution written by Samir Okasha and published by Oxford University Press. This book was released on 2018-06-12 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Samir Okasha approaches evolutionary biology from a philosophical perspective in Agents and Goals in Evolution, analysing a mode of thinking in biology called agential thinking. He considers how the paradigm case involves treating an evolved organism as if it were an agent pursuing a goal, such as survival or reproduction, and seeing its phenotypic traits as strategies for achieving that goal or furthering its biological interests. As agential thinking deliberately transposes a set of concepts--goals, interests, strategies--from rational human agents and to the biological world more generally, Okasha's enquiry firstly looks at the justification for this: is it mere anthropomorphism, or does it play a genuine intellectual role in the science? From this central question, key points are considered such as: how do we identify the 'goal' that evolved organisms will behave as if they are trying to achieve? Can agential thinking ever be applied to groups rather than to individual organisms? And how does agential thinking relate to the controversies over fitness-maximization in evolutionary biology? In addition, Okasha examines the relation between the adaptive and the rational by considering whether organisms can validly be treated as agent-like. Should we expect their evolved behaviour to correspond with that of rational agents as codified in the theory of rational choice? If so, does this mean that the fitness-maximizing paradigm of the evolutionary biologist can be mapped directly to the utility-maximizing paradigm of the rational choice theorist? All of these important questions are engagingly raised and discussed at length.