000 03224cam a22004938a 4500
001 00012801
003 WSP
005 20240731095226.0
007 cr |nu|||unuuu
008 220309s2022 si ob 001 0 eng
010 _a 2022010465
040 _aWSPC
_beng
_cWSPC
019 _a1302759399
020 _a9789811255120
_q(ebook)
020 _a9811255121
_q(ebook)
020 _z9789811255113
_q(hbk.)
020 _z9811255113
_q(hbk.)
035 _a(OCoLC)1303568439
_z(OCoLC)1302759399
042 _apcc
050 0 0 _aHB135
_b.M857 2022
072 7 _aCOM
_x004000
_2bisacsh
072 7 _aCOM
_x014000
_2bisacsh
072 7 _aBUS
_x000000
_2bisacsh
082 0 0 _a330.01/51
_223/eng/20220309
049 _aMAIN
100 1 _aMuller, Daniel
_c(AI researcher)
_9178563
245 1 0 _aOn rationality, artificial intelligence and economics
_h[electronic resource] /
_cDaniel Muller, Fernando Buarque, Tshildizi Marwala.
260 _aSingapore :
_bWorld Scientific,
_c[2022]
300 _a1 online resource (252 p.).
504 _aIncludes bibliographical references and index.
505 0 _aForeword -- Preface -- Acknowledgments -- About the authors -- Introduction -- Decision-making and rationality -- Artificial intelligence - Optimization -- Cost-value and utility dimensions and dynamics -- Relative net utility and the St. Petersburg paradox -- Value rational planning -- Inference of net-utility polarity of actions in oversubscription planning -- Conclusion -- Bibliography - Index.
520 _a"The world we live in presents plenty of tricky, impactful, and hard-to make decisions to be taken. Sometimes the available options are ample, at other times they are apparently binary, either way, they often confront us with dilemmas, paradoxes, and even denial of values. In the dawn of the age of intelligence, when robots are gradually taking over most decision making from humans, this book sheds a bit of light on decision rationale. It delves into the limits of these decision processes (for both humans and machines), and it does so by providing a new perspective that is somehow opposed to orthodox economics. All Economics reflections in this book are underlined and linked to Artificial Intelligence. The authors hope that this comprehensive and modern analysis, firmly grounded in the opinions of various ground-breaking Nobel laureate economists, may be helpful to a broad audience interested in how decisions may lead us all to flourishing societies. That is, societies in which economic blunders (caused by over simplification of problems and super estimation of tools) are reduced substantially"--
_cProvided by publisher.
538 _aMode of access: World Wide Web.
538 _aSystem requirements: Adobe Acrobat reader.
650 0 _aEconomics
_xMathematical models.
_9178564
650 0 _aArtificial intelligence.
_93407
650 0 _aDecision making.
_95035
650 0 _aPlanning.
_92744
655 0 _aElectronic books.
_93294
700 1 _aBuarque, Fernando.
_9178565
700 1 _aMarwala, Tshilidzi,
_d1971-
_9178348
856 4 0 _uhttps://www.worldscientific.com/worldscibooks/10.1142/12801#t=toc
_zAccess to full text is restricted to subscribers.
942 _cEBK
999 _c97824
_d97824