Bounded Perception and Learning How to Decide

Pages: 564 - 566
Published: Jan 1, 1992
Abstract
The profitability of a decision (or action) is often dependent on the occurrence of a phenomenon, say drill for oil only when it is indeed there or invest only when the market is favorable. So the decision maker aims to coordinate his decisions with the occurrence of this phenomenon. However whether or not the phenomenon occurs is usually not revealed until after the decision is made. Hence the outcome of the decision is very much dependent on...
Paper Details
Title
Bounded Perception and Learning How to Decide
Published Date
Jan 1, 1992
Pages
564 - 566
Citation AnalysisPro
  • Scinapse’s Top 10 Citation Journals & Affiliations graph reveals the quality and authenticity of citations received by a paper.
  • Discover whether citations have been inflated due to self-citations, or if citations include institutional bias.