Human drivers have limited and time-varying cognitive resources when making decisions in real-world traffic scenarios, which often leads to unique stochastic behaviors that can not be explained by perfect rationality assumption, a widely accepted premise modeling driving presume rationally make maximize their own rewards under all circumstances. To explicitly address this disadvantage, study pr...

Bounded rational behaviour is commonly observed in experimental games and in real life situations. Neuroeconomics can help to understand the mental processing underlying bounded rationality and out-of-equilibrium behaviour. Here we report results from recent studies on the neural basis of limited steps of reasoning in a competitive setting – the beauty contest game. We use functional magnetic r...

This paper explores the behavior of rational probabilistic deciders (RPDs) in three types of collectives: zero sum matrix games, fractional interactions, and Edgeworth exchange economies. The properties of steady states and transients are analyzed as a function of the level of rationality, N , and, in some cases, the size of the collective, M. It is shown that collectives of RPDs, may or may no...

Our research addresses rational decision-making among anti-air units whose mission is to defend a specified territory from a number of attacking missiles. In this paper, we present a decision-theoretic method that automated agents can use to select optimal communicative acts in this domain, given the characteristics of the threat situation. Since the communication bandwidth is usually limited i...

In this difference equation, Stability, Periodicity, boundedness, global Stability. We investigate some qualitative behavior of the solutions of the difference equation

where the initial conditions are arbitrary nonzero real numbers. Recently there has been a great interest in studying the qualitative properties of rational difference equations. For the systematical studies of rational and nonrational difference equations, one can refer to the papers [1-41] and references therein. The study of rational difference equations of order greater than one is quite ch...

* Correspondence: [email protected] Department of Basic Courses, Hebei Finance University, Baoding 071000, China Abstract This article is concerned with the following rational difference equation yn+1 = (yn + yn-1)/(p + ynyn-1) with the initial conditions; y-1, y0 are arbitrary positive real numbers, and p is positive constant. Locally asymptotical stability and global attractivity of the ...