17,905 research outputs found
Re-visions of rationality?
Empirical evidence suggests proponents of the âadaptive toolboxâ framework of human judgment need to rethink their vision of rationality
An ant colony algorithm for the sequential testing problem under precedence constraints.
We consider the problem of minimum cost sequential
testing of a series (parallel) system under precedence
constraints that can be modeled as a nonlinear integer program.
We develop and implement an ant colony algorithm for the
problem. We demonstrate the performance of this algorithm
for special type of instances for which the optimal solutions
can be found in polynomial time. In addition, we compare the
performance of the algorithm with a special branch and bound
algorithm for general instances. The ant colony algorithm is
shown to be particularly effective for larger instances of the
problem
Behavioural Economics: Classical and Modern
In this paper, the origins and development of behavioural economics, beginning with the pioneering works of Herbert Simon (1953) and Ward Edwards (1954), is traced, described and (critically) discussed, in some detail. Two kinds of behavioural economics â classical and modern â are attributed, respectively, to the two pioneers. The mathematical foundations of classical behavioural economics is identified, largely, to be in the theory of computation and computational complexity; the corresponding mathematical basis for modern behavioural economics is, on the other hand, claimed to be a notion of subjective probability (at least at its origins in the works of Ward Edwards). The economic theories of behavior, challenging various aspects of 'orthodox' theory, were decisively influenced by these two mathematical underpinnings of the two theoriesClassical Behavioural Economics, Modern Behavioural Economics, Subjective Probability, Model of Computation, Computational Complexity. Subjective Expected Utility
An Atypical Survey of Typical-Case Heuristic Algorithms
Heuristic approaches often do so well that they seem to pretty much always
give the right answer. How close can heuristic algorithms get to always giving
the right answer, without inducing seismic complexity-theoretic consequences?
This article first discusses how a series of results by Berman, Buhrman,
Hartmanis, Homer, Longpr\'{e}, Ogiwara, Sch\"{o}ening, and Watanabe, from the
early 1970s through the early 1990s, explicitly or implicitly limited how well
heuristic algorithms can do on NP-hard problems. In particular, many desirable
levels of heuristic success cannot be obtained unless severe, highly unlikely
complexity class collapses occur. Second, we survey work initiated by Goldreich
and Wigderson, who showed how under plausible assumptions deterministic
heuristics for randomized computation can achieve a very high frequency of
correctness. Finally, we consider formal ways in which theory can help explain
the effectiveness of heuristics that solve NP-hard problems in practice.Comment: This article is currently scheduled to appear in the December 2012
issue of SIGACT New
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