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Decision-making for an Agent with Bounded Resources
C. Manfred
Department of Computer Science, University of Illinois at Urbana-Champaign
We consider the behavior of a decision-making agent with bounded resources, which faces problems whose complete solution exceeds those resources. While there are several available methods to treat the resulting "logical uncertainty," a rigorous treatment has until now escaped realization. We show that, as intuitively expected, there exists an optimal decision-making procedure analogous to expected-utility maximiza...
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