Exact(1)
This assignment induces uncertainties to the ex-ante evaluation of a policy measure: the boundedly rational assignment is non-unique and the indifference band is an uncertain parameter.
Similar(58)
He means to characterize the objective probability assignment of a rational agent in an epistemically neutral position with respect to a set of "equally possible" cases.
This approach is in keeping with Lehman's (1950) 'Decision Theory' as cited by Lie [ 54] where "there is a certain relationship between a rational person's preferences for acts, probability assignment for states and utility assignment for consequences [ 54]".
The rational for this strategy is that while each tube assignment reduces our probability of finding another assignment to the same tube, the reduction in probability is minimized when we make an assignment to the tube that is currently the largest.
But almost all subjectivists allow that it can sometimes be rational to change one's prior probability assignments.
In this paper, we study a static traffic assignment that accounts for the boundedly rational route choice behavior of travelers.
Course modules with rational are described, and examples of how students implemented assignments are provided.
It offers each expert rational valuation vector about the evaluation indexes, which ensures objective assignment of the index weights when the experts hold different opinions.
But this evaluation does not mean that it is rational from the health point of view and, even less, from the standpoint of assignment of public resources.
The revelation and putative functional assignment of two distinct sub-clusters on the surface of the protein models should enable rational site-directed mutagenesis, including homologous reverse-substitution experiments, to map surface binding patches onto these proteins.
Joyce (1998) portrays the rational agent as estimating truth values, seeking to minimize a measure of distance between them and her probability assignments.
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