Fast and frugal algorithms for adaptive policy
Cunningham, S.W.; van der Lei, T.E.
Systems, Man and Cybernetics, 2004 IEEE International Conference on
Volume 2, Issue , 10-13 Oct. 2004 Page(s): 1315 - 1320 vol.2
Digital Object Identifier 10.1109/ICSMC.2004.1399807
Summary: This paper reviews an ongoing debate about the nature of rationality. Contributions from both decision theorists as well as machine learning researchers are considered. New contributions to a standard judgment problem "the city inference problem" are presented. "Fast and frugal" algorithms, and their potential contributions to adaptive policymaking, are reviewed.
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