bounded


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bounded

The limitation of a system’s behaviour to a region of state space; bounded signals cannot have behaviour that approaches infinity.
References in periodicals archive ?
have a bounded budget and then award grants to the best projects that
instruct its professors to grade on a bounded curve, or should grading
prominent examples of bounded institutional structures.
He shows that the idea of bounded rationality is implicitly embedded in that model.
Based on the assumption of bounded rationality in real-world settings, he analyses to what extent the concept is sufficiently represented in a model, a requirement that he calls 'premise description': 'Premise description highlights the organizational processes and cognitive limitations that bound the rational adjustment of each decision function' (Morecroft, 1985, p.
The first article uses an existing model to confirm the proposition that bounded rationality is an implicit constituent of system dynamics models, whereas the second article uses the concept of bounded rationality as a starting point for building a model.
The Center for Adaptive Behavior and Cognition at the Max Planck Institute for Human Development in Berlin has launched one of the most ambition projects yet to explore the impact of bounded rationality on human judgment.
While bounded rationality struggles for respect in fields such as psychology, artificial intelligence, and economics, it has largely replaced the optimality assessments long favored by investigators of animal behavior in natural habitats, Seeley says.
Researchers will pay the computational price if bounded rationality promises a large return.
Sargent uses Jean Tirole's No-Trade theorem to demonstrate that modeling with bounded rationality captures real-world processes effectively.
With the help of Taylor Manufacturing Systems consulting group, Novartis Pharma has established a global competency center to support TESS and Bounded Disposition and to lead deployment of the systems worldwide.
Fair Oaks Ranch will decrease enrollment from 802 to 781 by giving up one area to Sulphur Springs, a parcel bounded by Jakes Way, the Antelope Valley Freeway, Deep Creek Drive and the railroad tracks.