Hyper-rational choice theory

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Tác giả: Gholamreza Askari, Madjid Eshaghi Gordji

Ngôn ngữ: eng

Ký hiệu phân loại: 003.56 Decision theory

Thông tin xuất bản: 2018

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Bộ sưu tập: Metadata

ID: 161776

Comment: 17 pages, 2 figuresThe rational choice theory is based on this idea that people rationally pursue goals for increasing their personal interests. In most conditions, the behavior of an actor is not independent of the person and others' behavior. Here, we present a new concept of rational choice as a hyper-rational choice which in this concept, the actor thinks about profit or loss of other actors in addition to his personal profit or loss and then will choose an action which is desirable to him. We implement the hyper-rational choice to generalize and expand the game theory. Results of this study will help to model the behavior of people considering environmental conditions, the kind of behavior interactive, valuation system of itself and others and system of beliefs and internal values of societies. Hyper-rationality helps us understand how human decision makers behave in interactive decisions.
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