Article
Business
JinHyo Joseph Yun, Heung Ju Ahn, Doo Seok Lee, Kyung Bae Park, Xiaofei Zhao
Summary: This study examines the relationship between open innovation and sustainable economic growth and constructs a conceptual and mathematical model of inter-rationality. Inter-rationality could be considered as a precondition or essence of economics, political economics, social science, or open innovation engineering in the digital transformation era. The zigzag growth pattern resulting from inter-rationality in open innovation dynamics may offer practical ways to overcome growth limits for firms or economic systems.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2022)
Article
Psychology, Multidisciplinary
Enrico Petracca
Summary: The article discusses how views of embodied cognition can inform new approaches to rationality, ranging from moderate to radical perspectives. It compares embodied bounded rationality to Simon's bounded rationality, and introduces labels like embodied rationality, body rationality, and extended rationality to explore different levels of embodiment in influencing research on rationality.
FRONTIERS IN PSYCHOLOGY
(2021)
Article
Computer Science, Information Systems
Jesus Giraldez-Cru, Carmen Zarco, Oscar Cordon
Summary: The bounded confidence and repulsion framework investigates the evolution of agents' opinions. By analyzing the performance of the model, it is found that the degree of extremization among a population can be controlled by the repulsion rule, and social networks promote extreme opinions. Agent-based rationality and time-varying adaptation also have a significant impact on opinion dynamics.
INFORMATION SCIENCES
(2022)
Article
History & Philosophy Of Science
Miloud Belkoniene
Summary: This paper examines the argument against the requirement of justification for understanding and concludes that justification remains a plausible requirement for understanding.
Article
Biology
Emmanuel M. Pothos, Stephan Lewandowsky, Irina Basieva, Albert Barque-Duran, Katy Tapper, Andrei Khrennikov
Summary: Bayesian inference provides an optimal means of processing environmental information and advantages in natural selection, but information overload may limit its applicability and lead to dysfunctional disagreement. Individuals may simplify by using Bayesian networks or partitioning questions into knowledge partitions, but these approaches can also contribute to dysfunctional disagreement.
PROCEEDINGS OF THE ROYAL SOCIETY B-BIOLOGICAL SCIENCES
(2021)
Article
Psychology, Multidisciplinary
Riccardo Viale, Shaun Gallagher, Vittorio Gallese
Summary: This article proposes an alternative way to understand human action by revisiting the concepts of problem solving and embodied cognition. The existing empirical studies in decision-making psychology have mainly focused on a normative model of decision-making, such as the Subjective Expected Utility (SEU) model. By integrating Newell and Simon's account of problem solving with recent research on embodied cognition, this article demonstrates that decision making is a downstream phase of problem solving and adaptation plays a crucial role in rational action. The concept of enactive problem solving explains the mechanisms behind adaptive heuristics in various tasks.
FRONTIERS IN PSYCHOLOGY
(2023)
Article
Computer Science, Artificial Intelligence
Jan Karwowski, Jacek Mandziuk, Adam Zychowski
Summary: Stackelberg Games (SGs) assume perfect rationality of players, but in real-life situations, followers may act irrationally due to biases, reflecting human behavior. Anchoring Theory (AT) proposes that humans tend to flatten probability distributions. This paper presents a formulation of AT in sequential SGs (ATSG) and its linearized approximate version (ATSGL) for MILP solutions. Experimental evaluation shows that non-MILP methods outperform MILPs in AT setting.
APPLIED SOFT COMPUTING
(2023)
Article
Mathematics
Qingren He, Taiwei Shi, Botao Liu, Wanhua Qiu
Summary: This study constructs a bounded-rationality choice model and examines retailers' ordering behavior using quantal response equilibrium. The results indicate that retailers tend to overorder to avoid the loss caused by shortages.
Article
Economics
Werner Gueth
Summary: Individual decision-making based on means-ends causality perceptions, allowing anticipation of how likely choices are to achieve goals, is defined as rational. We mainly focus on the dynamics of boundedly rational reasoning, specifying means and ends first, then trying to perceive how means determine the achievement of ends based on empirical evidence.
JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION
(2021)
Article
Business, Finance
Dongxu Zhao, Kai Li
Summary: This paper develops a simple heterogeneous agent model with bounded rationality and adaptive behavior, incorporating a feedback loop that amplifies shocks and leads to large price fluctuations. Estimating the model to the data shows that the feedback loop helps explain the large variations in expected returns.
INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS
(2022)
Article
Mathematics
Carlos Saenz-Royo, Francisco Chiclana, Enrique Herrera-Viedma
Summary: This paper presents a functional representation model that helps researchers understand the decision-making behavior of decision-makers. The model predicts the probability of decision-makers choosing different options under specific conditions and provides a basis for further experiments and research.
Article
History & Philosophy Of Science
Enrico Petracca, James Grayot
Summary: The paper explores how research on embodied cognition can contribute to naturalizing rationality in cognitive science. It presents a conceptual map of possible new ideas of rationality inspired by embodied cognition and distinguishes different approaches based on their increasing degree of radicalism. The paper proposes four new concepts of rationality, ranging from embodied bounded rationality to radical embodied rationality. The investigation then compares these concepts based on three meta-criteria: internal epistemic values, empirical success, and intertheoretic compatibility.
Article
Immunology
Janni Leung, Daicia Price, Caitlin McClure-Thomas, Tore Bonsaksen, Mary Ruffolo, Isaac Kabelenga, Gary Lamph, Amy ostertun Geirdal
Summary: This study investigated the motivations, hesitancies, and associated factors in obtaining COVID-19 vaccines two years into the pandemic through online surveys. Over 80% of the participants obtained the vaccine based on public health recommendations and trust in its safety, while concerns about side effects were the most common reason for hesitancy. Distrust in policies and science was also a frequent reason reported by those who did not obtain the vaccine. These findings can inform public health strategies to increase vaccination rates.
Article
Biotechnology & Applied Microbiology
Ewa Talarek, Magdalena Chazan, Paulina Winiarska, Lukasz Dembinski, Tomasz Sobierajski, Aleksandra Banaszkiewicz
Summary: The study surveyed the attitudes of Polish parents and guardians towards vaccination in non-healthcare facilities during epidemic conditions, and concluded that people would be more likely to accept vaccination at locations other than health-care facilities during outbreaks.
HUMAN VACCINES & IMMUNOTHERAPEUTICS
(2021)
Article
Public, Environmental & Occupational Health
Harapan Harapan, Noelle Shields, Aparna G. Kachoria, Abigail Shotwell, Abram L. Wagner
Summary: This study evaluates the changes in measles vaccination coverage in Indonesia between 1991 and 2017 and compares the vaccination coverage between Muslims and non-Muslims. Results show that measles vaccination coverage increased in both groups but has stagnated in recent years. Non-Muslims had higher coverage than Muslims initially, but the disparity decreased over time.
AMERICAN JOURNAL OF PREVENTIVE MEDICINE
(2021)