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On Rationality, Artificial Intelligence and Economics /

by Muller, Daniel (AI researcher) [author.]; Buarque, Fernando [author.]; Marwala, Tshilidzi [author.].
Description: xxii, 230 pages. : illustration. ; 24 cm.ISBN: 9789811255113; 9789811255120; 9789811255137.Subject(s): Economics -- Mathematical models | Artificial intelligence | Decision making | PlanningSummary: "The world we live in presents plenty of tricky, impactful, and hard-to make decisions to be taken. Sometimes the available options are ample, at other times they are apparently binary, either way, they often confront us with dilemmas, paradoxes, and even denial of values. In the dawn of the age of intelligence, when robots are gradually taking over most decision making from humans, this book sheds a bit of light on decision rationale. It delves into the limits of these decision processes (for both humans and machines), and it does so by providing a new perspective that is somehow opposed to orthodox economics. All Economics reflections in this book are underlined and linked to Artificial Intelligence. The authors hope that this comprehensive and modern analysis, firmly grounded in the opinions of various ground-breaking Nobel laureate economists, may be helpful to a broad audience interested in how decisions may lead us all to flourishing societies. That is, societies in which economic blunders (caused by over simplification of problems and super estimation of tools) are reduced substantially"--
List(s) this item appears in: PEROLEHAN 2022
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Location Call number Status Date due
Open Shelf HB135 .M857 2022 (Browse shelf) Available

Includes bibliographical references (pages 203-212) and index.

"The world we live in presents plenty of tricky, impactful, and hard-to make decisions to be taken. Sometimes the available options are ample, at other times they are apparently binary, either way, they often confront us with dilemmas, paradoxes, and even denial of values. In the dawn of the age of intelligence, when robots are gradually taking over most decision making from humans, this book sheds a bit of light on decision rationale. It delves into the limits of these decision processes (for both humans and machines), and it does so by providing a new perspective that is somehow opposed to orthodox economics. All Economics reflections in this book are underlined and linked to Artificial Intelligence. The authors hope that this comprehensive and modern analysis, firmly grounded in the opinions of various ground-breaking Nobel laureate economists, may be helpful to a broad audience interested in how decisions may lead us all to flourishing societies. That is, societies in which economic blunders (caused by over simplification of problems and super estimation of tools) are reduced substantially"--

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