Decision Making with Imperfect Decision Makers (English, Tatiana Valentine Guy | Miroslav Kárný | David H. Wolpert)
by Tatiana Valentine Guy | Miroslav Kárný | David H. Wolpert
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Book Details
Publisher
Springer
Language
English
ISBN-13
9783642246463
ISBN-10
364224646X
Author
Tatiana Valentine Guy | Miroslav Kárný | David H. Wolpert
About the Book
Prescriptive Bayesian decision making has reached a high level of maturity and is well-supported algorithmically. However, experimental data shows that real decision makers choose such Bayes-optimal decisions surprisingly infrequently, often making decisions that are badly sub-optimal. So prevalent is such imperfect decision-making that it should be accepted as an inherent feature of real decision makers living within interacting societies. To da…
ISBN: 9783642246463
ISBN-13: 9783642246463
ISBN-10: 364224646X
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Product ID: isbn-9783642246463
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