A canon of probabilistic rationality
نویسندگان
چکیده
We prove that a random choice rule satisfies Luce's Choice Axiom if and only its support is correspondence the Weak of Revealed Preference, thus it consists alternatives are optimal according to some preference, then occurs tie-breaking mechanism among such Renyi's Conditioning Axiom. Our result shows is, in precise formal sense, probabilistic version It supports view his own axiom as “canon rationality.”
منابع مشابه
On Probabilistic Machines , Bounded Rationality andAverage - Case
The analogs of pure, mixed and behavior strategies in the context of algorithms are studied. It is shown that probabilistic machines are more powerful than probability distributions over deterministic ones, that best response may sometimes requires randomization, and that if na-ture's choices are computable then there exists a deterministic best response .
متن کاملPrécis of bayesian rationality: The probabilistic approach to human reasoning.
According to Aristotle, humans are the rational animal. The borderline between rationality and irrationality is fundamental to many aspects of human life including the law, mental health, and language interpretation. But what is it to be rational? One answer, deeply embedded in the Western intellectual tradition since ancient Greece, is that rationality concerns reasoning according to the rules...
متن کاملOn Probabilistic Machines, Bounded Rationality and Average-Case Complexity
The analogs of pure mixed and behavior strategies in the context of algorithms are studied It is shown that probabilistic machines are more powerful than probability distributions over deterministic ones that best response may sometimes requires randomization and that if na ture s choices are computable then there exists a deterministic best re sponse
متن کاملToward a Canon of Function Systems
There is no description of modernity without functional differentiation. The distinction of function systems such as economy, science, art, or religion, is a key to modernity. Modern science, however, applies and implies rather than studies functional differentiation without providing exact definitions of function systems or investigating how many of these systems actually exist. The present ar...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2021
ISSN: ['1095-7235', '0022-0531']
DOI: https://doi.org/10.1016/j.jet.2021.105289