Failures of Contingent Thinking
Fuente:
arXiv
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| Auteurs principaux: | , |
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| Format: | Preprint |
| Publié: |
2020
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| _version_ | 1866917219669114880 |
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| author | Piermont, Evan Zuazo-Garin, Peio |
| author_facet | Piermont, Evan Zuazo-Garin, Peio |
| contents | We present a behavioral definition of an agent's perceived implication that uniquely identifies a subjective state-space representing her view of a decision problem, and which may differ from the modeler's. By examining belief updating within this model, we formalize the recent empirical consensus that reducing uncertainty improves contingent thinking, and propose a novel form of updating corresponding to the agent 'realizing' a flaw in her own thinking. Finally, we clarify the sense in which contingent thinking makes state-bystate dominance more cognitively demanding than obvious dominance. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2007_07703 |
| institution | arXiv |
| publishDate | 2020 |
| record_format | arxiv |
| spellingShingle | Failures of Contingent Thinking Piermont, Evan Zuazo-Garin, Peio Artificial Intelligence Theoretical Economics We present a behavioral definition of an agent's perceived implication that uniquely identifies a subjective state-space representing her view of a decision problem, and which may differ from the modeler's. By examining belief updating within this model, we formalize the recent empirical consensus that reducing uncertainty improves contingent thinking, and propose a novel form of updating corresponding to the agent 'realizing' a flaw in her own thinking. Finally, we clarify the sense in which contingent thinking makes state-bystate dominance more cognitively demanding than obvious dominance. |
| title | Failures of Contingent Thinking |
| topic | Artificial Intelligence Theoretical Economics |
| url | https://arxiv.org/abs/2007.07703 |