Biocomplexity Agent Decision-Making
Agent-Decision Making
Incomplete Factorial Design
The agent decision-making
module is designed to potentially model a wide variety of agent
types. A modular, factorial design will allow structured comparisons
of a continuum of agent types, ranging from the neoclassical Homo Economicus
through agents manifesting a variety of boundedly rational characteristics
to a purely heuristic decision maker. For any agent type, we have
identified a series of components that must be specified. Any
agent specification must include a preference or utility specification,
information processing capabilities, decision-making strategies, and a
model of learning.
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Last Updated: May 11, 2005
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2005, The Trustees of Indiana
University.
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