Acting irrationally to improve performance in stochastic worlds
Belavkin, Roman V. (2005) Acting irrationally to improve performance in stochastic worlds. In: 25th SGAI International Conference on Innovative Techniques and Applications of Artificial Intelligence, 2005, Cambridge, UK.
- Final accepted version (with author's formatting)
Despite many theories and alogorithms for decision-making, after estimating the utility function the choice is usually made by maximising its expected value (the max EU principle). This traditional and 'rational' conclusion of the decision-making process is compared in this paper with several 'irrational' techniques that make choice in Monte-Carlo fashion. The comparison is made by evaluating the performance of simple decision-theoretic agents in stochastic environments. It is shown that not only the random choice strategies can achieve performance comparable to the max EU method, but under certain conditions the Monte-Carlo choice methods perform almost two times better than the max EU. The paper concludes by quoting evidence from recent cognitive modelling works as well as the famous decision-making paradoxes.
|Item Type:||Conference or Workshop Item (Paper)|
|Research Areas:||A. > School of Science and Technology > Computer Science
A. > School of Science and Technology > Computer Science > Artificial Intelligence group
|Depositing User:||Repository team|
|Date Deposited:||08 Sep 2008 11:13|
|Last Modified:||01 May 2015 12:32|
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