42 citations · 138 across the 17 of their papers we have counts for
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cs.LG2019★ 5 cited
An Information-theoretic On-line Learning Principle for Specialization in Hierarchical Decision-Making Systems
Heinke Hihn, Sebastian Gottwald, Daniel A. Braun
Information-theoretic bounded rationality describes utility-optimizing decision-makers whose limited information-processing capabilities are formalized by information constraints.…
cs.IT2019★ 41 cited
Bounded rational decision-making from elementary computations that reduce uncertainty
Sebastian Gottwald, Daniel A. Braun
In its most basic form, decision-making can be viewed as a computational process that progressively eliminates alternatives, thereby reducing uncertainty. Such processes are genera…