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Intelligent Systems Reference Library

Decision Making with Imperfect Decision Makers

Editors: Guy, Tatiana Valentine, Kárný, Miroslav, Wolpert, David H. (Eds.)

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  • Why and how can imperfection be coped with in real life
  • Proposes possible ways to approaches suitable to addressing design of decision strategies for and by imperfect designers and decision makers
  • Edited outcome of best contributions to a NIPS’2010 workshop: “Decision Making with Imperfect Decision Makers”
  • Written by leading experts in the field
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About this 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 date such societies have been investigated from an economic and gametheoretic perspective, and even to a degree from a physics perspective. However, little research has been done from the perspective of computer science and associated disciplines like machine learning, information theory and neuroscience. This book is a major contribution to such research.

Some of the particular topics addressed include: How should we formalise rational decision making of a single imperfect decision maker?  Does the answer change for a system of imperfect decision makers?  Can we extend existing prescriptive theories for perfect decision makers to make them useful for imperfect ones? How can we exploit the relation of these problems to the control under varying and uncertain resources constraints as well as to the problem of the computational decision making? What can we learn from natural, engineered, and social systems to help us address these issues?

Table of contents (7 chapters)

Table of contents (7 chapters)
  • Bounded Rationality in Multiagent Systems Using Decentralized Metareasoning

    Pages 1-28

    Carlin, Alan (et al.)

  • On Support of Imperfect Bayesian Participants

    Pages 29-56

    Kárný, Miroslav (et al.)

  • Trading Value and Information in MDPs

    Pages 57-74

    Rubin, Jonathan (et al.)

  • Game Theoretic Modeling of Pilot Behavior during Mid-Air Encounters

    Pages 75-111

    Lee, Ritchie (et al.)

  • Scalable Negotiation Protocol Based on Issue-Grouping for Highly Nonlinear Situation

    Pages 113-133

    Fujita, Katsuhide (et al.)

Buy this book

eBook $109.00
price for USA in USD (gross)
  • ISBN 978-3-642-24647-0
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $199.99
price for USA in USD
  • ISBN 978-3-642-24646-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $149.99
price for USA in USD
  • ISBN 978-3-662-50700-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Rent the eBook  
  • Rental duration: 1 or 6 month
  • low-cost access
  • online reader with highlighting and note-making option
  • can be used across all devices
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Bibliographic Information

Bibliographic Information
Book Title
Decision Making with Imperfect Decision Makers
Editors
  • Tatiana Valentine Guy
  • Miroslav Kárný
  • David H. Wolpert
Series Title
Intelligent Systems Reference Library
Series Volume
28
Copyright
2012
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer Berlin Heidelberg
eBook ISBN
978-3-642-24647-0
DOI
10.1007/978-3-642-24647-0
Hardcover ISBN
978-3-642-24646-3
Softcover ISBN
978-3-662-50700-1
Series ISSN
1868-4394
Edition Number
1
Number of Pages
XIV, 195
Topics