This volume is based on a seminar concerned with advanced methods in adaptive control for industrial applications which was held in Prague in May 1990 and which brought together experts in the UK and Czechoslovakia in order to suggest solutions to specific current and anticipated problems faced by industry. A number of contributions were also aimed at reflecting possible trends in the more distant future, by looking in depth at more specific issues. While the papers included in the volume are of a research or application nature, two or three can also be utilized in a tutorial mode. The...
This volume is based on a seminar concerned with advanced methods in adaptive control for industrial applications which was held in Prague in May 1990...
Decision making (DM) is ubiquitous in both natural and artificial systems. The decisions made often differ from those recommended by the axiomatically well-grounded normative Bayesian decision theory, in a large part due to limited cognitive and computational resources of decision makers (either artificial units or humans). This state of a airs is often described by saying that decision makers are imperfect and exhibit bounded rationality. The neglected influence of emotional state and personality traits is an additional reason why normative theory fails to model human DM process.
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Decision making (DM) is ubiquitous in both natural and artificial systems. The decisions made often differ from those recommended by the axiomatica...
Due to the rapid increase in readily available computing power, a corre- sponding increase in the complexity of problems being tackled has occurred in the field of systems as a whole. A plethora of new methods which can be used on the problems has also arisen with a constant desire to deal with more and more difficult applications. Unfortunately by increasing the ac- curacy in models employed along with the use of appropriate algorithms with related features, the resultant necessary computations can often be of very high dimension. This brings with it a whole new breed of problem which has...
Due to the rapid increase in readily available computing power, a corre- sponding increase in the complexity of problems being tackled has occurred in...
This volume focuses on uncovering the fundamental forces underlying dynamic decision making among multiple interacting, imperfect and selfish decision makers. The chapters are written by leading experts from different disciplines, all considering the many sources of imperfection in decision making, and always with an eye to decreasing the myriad discrepancies between theory and real world human decision making. Topics addressed include uncertainty, deliberation cost and the complexity arising from the inherent large computational scale of decision making in these systems. In particular,...
This volume focuses on uncovering the fundamental forces underlying dynamic decision making among multiple interacting, imperfect and selfish decision...