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I study the path properties of adaptive heuristics that mimic the natural dynamics of play in a game and converge to … the set of correlated equilibria. Despite their apparent differences, I show that these heuristics have an abstract … applications in the study of the convergence of the heuristics. …
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The fast-and-frugal heuristics approach to probabilistic inference assumes that individuals often employ simple … heuristics to integrate cue information that commonly function in a non-reciprocal fashion. Specifically, the subjective validity …-and-frugal heuristics has been demonstrated (city-size tasks). The results indicate that subjective cue validities are not fixed parameters …
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emotion in rational choice theory …
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