On rationality, artificial intelligence and economics (Record no. 97824)

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fixed length control field 03224cam a22004938a 4500
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control field 00012801
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control field 20240731095226.0
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fixed length control field 220309s2022 si ob 001 0 eng
019 ## -
-- 1302759399
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN 9789811255120
-- (ebook)
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN 9811255121
-- (ebook)
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
-- (hbk.)
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
-- (hbk.)
082 00 - CLASSIFICATION NUMBER
Call Number 330.01/51
100 1# - AUTHOR NAME
Author Muller, Daniel
245 10 - TITLE STATEMENT
Title On rationality, artificial intelligence and economics
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication Singapore :
Publisher World Scientific,
Year of publication [2022]
300 ## - PHYSICAL DESCRIPTION
Number of Pages 1 online resource (252 p.).
505 0# - FORMATTED CONTENTS NOTE
Remark 2 Foreword -- 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 ## - SUMMARY, ETC.
Summary, etc "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"--
650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1
General subdivision Mathematical models.
700 1# - AUTHOR 2
Author 2 Buarque, Fernando.
700 1# - AUTHOR 2
Author 2 Marwala, Tshilidzi,
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier https://www.worldscientific.com/worldscibooks/10.1142/12801#t=toc
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type eBooks
520 ## - SUMMARY, ETC.
-- Provided by publisher.
650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1
-- Economics
650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1
-- Artificial intelligence.
650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1
-- Decision making.
650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1
-- Planning.

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