How to measure effect sizes for rational decision-making

Rational Decision Making

RATIONAL DECISION MAKING: Choosing among alternatives in a way that “properly” accords with the preferences and beliefs of an individual decision maker or those of a group making a joint decision; in particular, the subject as developed in decision theory [16] (see RATIONAL CHOICE THEORY), decision analysis [24], GAME THEORY [33], political theory [20], psychology [14] (see DECISION MAKING), an...

Distributed Rational Decision Making

Automated negotiation systems with self interested agents are becoming increas ingly important One reason for this is the technology push of a growing standardized communication infrastructure Internet WWW NII EDI KQML FIPA Concor dia Voyager Odyssey Telescript Java etc over which separately designed agents belonging to di erent organizations can interact in an open environment in real time and...

Emotions in Rational Decision Making

Emotions play an important role in human decision making. This often has a beneficial effect, and so it is desirable to explore whether emotions can also play a role in agent decision making. This paper builds on several pieces of earlier work which resulted in a formalization of a model of emotions. We show how, in particular, the emotions of gratitude and displeasure and related emotions can ...

Distance measure for linguistic decision making

In this paper, we extend the distance measure to the linguistic fuzzy sets, and develop the linguistic distance operators, such as linguistic weighted distance (LWD) operator, linguistic ordered weighted distance (LOWD) operator, and study some of their desired properties. These aggregation operators are very useful for decision-making problems because they establish a comparison between an ide...

The Ethical Dangers of Rational Decision Making 1 The Ethical Dangers of Rational Decision Making