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Yusheng Chen, Zhaofa Sun, Yanmei Wang, Ye Ma and Weili Yang
In the context of global food security and the pursuit of sustainable agricultural development, fostering synergistic innovation in the seed industry is of strategic importance. However, the collaborative innovation process between seed companies, resear...
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Szabolcs Deák, Paul Levine, Joseph Pearlman and Bo Yang
We construct a New Keynesian (NK) behavioural macroeconomic model with bounded-rationality (BR) and heterogeneous agents. We solve and simulate the model using a third-order approximation for a given policy and evaluate its properties using this solution...
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Zsombor Zilinyi, Ágoston Nagy, Szilvia Borbély and Tamás Sterbenz
In the game of basketball game-related statistics are utilised to help decision makers to evaluate players? achievements. Previous research showed that in the case of individual awards, points are preferred over other indicators of effectiveness. Based o...
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Aviad Levi and Shani Alkoby
Over the last two decades, auctions have become an integral part of e-commerce and a promising field for applying artificial intelligence technologies. The use of signals has been studied extensively in the existing auction literature. Specifically, it h...
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Goran Milutinovic, Stefan Seipel and Ulla Ahonen-Jonnarth
Decision-making methods used in geospatial decision making are computationally complex prescriptive methods, the details of which are rarely transparent to the decision maker. However, having a deep understanding of the details and mechanisms of the appl...
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David Harborth and Sebastian Pape
Pokémon Go is one of the most successful mobile games of all time. Millions played and still play this mobile augmented reality (AR) application, although severe privacy issues are pervasive in the app due to its use of several sensors such as location d...
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Guoying Lin, Yuyao Yang, Feng Pan, Sijian Zhang, Fen Wang and Shuai Fan
With the development of techniques, such as the Internet of Things (IoT) and edge computing, home energy management systems (HEMS) have been widely implemented to improve the electric energy efficiency of customers. In order to automatically optimize ele...
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Ulrike Meinel and Ralf Schüle
Climate change induces various risks for supply chains of manufacturing firms. However, surveys have suggested that only a minority of firms conducts strategic adaptations, which we define as anticipatory and target-oriented action with the purpose of in...
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Ren-Yong Guo, Hai Yang, Hai-Jun Huang, Xinwei Li
Pág. 551 - 570
We extend the proportional swap system by Smith (1984a) and the network tatonnement process by Friesz et al. (1994) to formulate the day-to-day evolution of departure time choice under bounded rationality in the bottleneck model. It is shown that the sta...
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Mukdad Ibrahim
Pág. 755 - 760
This article discusses the theory of bounded rationality which had been introduced by Herbert Simon in the 1950s. Simon introduced the notion of bounded rationality stating that while decision-makers strive for rationality, they are limited by the effect...
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