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Rationality of an Intelligent Agent

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  • Piotr Filipkowski

    (Szkoła Główna Handlowa w Warszawie, Instytut Informatyki i Gospodarki Cyfrowej, Zakład Zarządzania Informatyką)

Abstract

Many economic theories are built on the assumption that decision makers are fully rational, eg, hypothesis of the efficient market, according to Eugene E. Fama. But in fact, the information on which decisions are made is, in most cases, incomplete. From a computational point of view, decision procedures can be coded in algorithms and heuristics. The purpose of this article is to approximate the concept of rationality of an intelligent agent in systematic terms, taking into account decision-making in a computing context.

Suggested Citation

  • Piotr Filipkowski, 2018. "Rationality of an Intelligent Agent," Collegium of Economic Analysis Annals, Warsaw School of Economics, Collegium of Economic Analysis, issue 49, pages 261-272.
  • Handle: RePEc:sgh:annals:i:49:y:2018:p:261-272
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    References listed on IDEAS

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    1. Piotr Filipkowski, 2016. "Technologie agentowe w komputerowym modelowaniu i symulacjach," Collegium of Economic Analysis Annals, Warsaw School of Economics, Collegium of Economic Analysis, issue 40, pages 229-242.
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      Keywords

      rationality; decisions; agent;
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