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An agent is generally defined as an entity capable of perceiving its environment and accomplishing a particular action without explicit instruction. Blindly taking directives without thinking is typically not intelligent, so rather a software agent is deemed intelligent if it may be...
Persistent link: https://www.econbiz.de/10009429652
In referendum elections, voters are often required to register simultaneous votes on multiple proposals. The separability problem occurs when a voter’s preferred outcome on one proposal depends on the outcomes of other proposals. This type of interdependence can lead to unsatisfactory or even...
Persistent link: https://www.econbiz.de/10010865770
Persistent link: https://www.econbiz.de/10010393530
This article describes the main historical facts concerning the Saint Petersburg paradox, the most important solutions proposed thus far, and the results of new experimental evidence and a simulation of the game that shed light on a solution for this paradox. The Saint Petersburg paradox has...
Persistent link: https://www.econbiz.de/10015334556