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Advanced Information and Knowledge Processing

Artificial Intelligence Techniques for Rational Decision Making

Authors: Marwala, Tshilidzi

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  • Presents new insights into the theories of bounded rationality and counterfactuals  
  • Explains the theories and applications of artificial intelligence in biomedical sciences, engineering, economics and social sciences
  • Proposes linkages between counterfactuals, rationality, causality, correlation and artificial intelligence
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eBook 71,39 €
price for Spain (gross)
  • ISBN 978-3-319-11424-8
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 88,39 €
price for Spain (gross)
  • ISBN 978-3-319-11423-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
Softcover 88,39 €
price for Spain (gross)
  • ISBN 978-3-319-38298-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

Develops insights into solving complex problems in engineering, biomedical sciences, social science and economics based on artificial intelligence. Some of the problems studied are in interstate conflict, credit scoring, breast cancer diagnosis, condition monitoring, wine testing, image processing and optical character recognition. The author discusses and applies the concept of flexibly-bounded rationality which prescribes that the bounds in Nobel Laureate Herbert Simon’s bounded rationality theory are flexible due to advanced signal processing techniques, Moore’s Law and artificial intelligence.

Artificial Intelligence Techniques for Rational Decision Making examines and defines the concepts of causal and correlation machines and applies the transmission theory of causality as a defining factor that distinguishes causality from correlation. It develops the theory of rational counterfactuals which are defined as counterfactuals that are intended to maximize the attainment of a particular goal within the context of a bounded rational decision making process. Furthermore, it studies four methods for dealing with irrelevant information in decision making:

  • Theory of the marginalization of irrelevant information
  • Principal component analysis
  • Independent component analysis
  • Automatic relevance determination method

In addition it studies the concept of group decision making and various ways of effecting group decision making within the context of artificial intelligence.

Rich in methods of artificial intelligence including rough sets, neural networks, support vector machines, genetic algorithms, particle swarm optimization, simulated annealing, incremental learning and fuzzy networks, this book will be welcomed by researchers and students working in these areas.

Reviews

“Each chapter introduces a topic, discusses the theory for implementing it, and then describes a use case and the results of its application. … This is an important book. … Copious references, several pages per chapter, provide voluminous background material for the curious reader.” (G. R. Mayforth, Computing Reviews, December, 2015)


Table of contents (9 chapters)

Table of contents (9 chapters)

Buy this book

eBook 71,39 €
price for Spain (gross)
  • ISBN 978-3-319-11424-8
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 88,39 €
price for Spain (gross)
  • ISBN 978-3-319-11423-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
Softcover 88,39 €
price for Spain (gross)
  • ISBN 978-3-319-38298-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Artificial Intelligence Techniques for Rational Decision Making
Authors
Series Title
Advanced Information and Knowledge Processing
Copyright
2014
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing Switzerland
eBook ISBN
978-3-319-11424-8
DOI
10.1007/978-3-319-11424-8
Hardcover ISBN
978-3-319-11423-1
Softcover ISBN
978-3-319-38298-2
Series ISSN
1610-3947
Edition Number
1
Number of Pages
XV, 168
Number of Illustrations
35 b/w illustrations
Topics