{"id":612,"date":"2022-09-26T15:54:50","date_gmt":"2022-09-26T08:54:50","guid":{"rendered":"https:\/\/vinuni.edu.vn\/research\/?post_type=event&#038;p=612"},"modified":"2022-09-29T12:13:21","modified_gmt":"2022-09-29T05:13:21","slug":"im-doing-as-well-as-i-can-modeling-people-as-rational-finite-automata-2","status":"publish","type":"event","link":"https:\/\/vinuni.edu.vn\/research\/event\/im-doing-as-well-as-i-can-modeling-people-as-rational-finite-automata-2\/","title":{"rendered":"I&#8217;m Doing as Well as I Can: Modeling People as Rational Finite Automata"},"content":{"rendered":"<p style=\"font-weight: 400;\">Professor Joseph Halpern, Professor of Mathematics and Computer Science at Cornell University. (Full Bio:\u00a0<a href=\"https:\/\/math.cornell.edu\/joseph-halpern\">https:\/\/math.cornell.edu\/joseph-halpern<\/a>)<\/p>\n<p style=\"font-weight: 400;\"><strong>Abstract<\/strong>: Several Nobel Prizes have been awarded for work showing\u00a0 that humans do not behave as maximum utility maximizers, as standard economic theory predicts.\u00a0 Yet they are &#8220;predictably irrational&#8221;:\u00a0 their deviations from rational behavior are quite systematic.\u00a0 Our goal is to see the extent to which we can explain and justify these deviations as the outcome of rational but resource-bounded agents doing as well as they can, given their limitations.\u00a0 We model people as probabilistic finite automata (a simple model of resource-bounded computation), and show that in a number of games, probabilistic finite automata doing &#8220;as well as they can&#8221; exhibit quite human-like behavior, ranging from confirmation bias to probability matching.<\/p>\n<p style=\"font-weight: 400;\">Moreover, this human-like behavior can actually improve performance, showing that this seemingly irrational behavior can be quite rational.<\/p>\n<p style=\"font-weight: 400;\">This talk covers joint work with Rafael Pass, Lior Seeman, and Lily Liu.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Professor Joseph Halpern, Professor of Mathematics and Computer Science at Cornell University. (Full Bio:\u00a0https:\/\/math.cornell.edu\/joseph-halpern) Abstract: Several Nobel Prizes have been awarded for work showing\u00a0 that humans do not behave as maximum utility maximizers, as standard economic theory predicts.\u00a0 Yet they are &#8220;predictably irrational&#8221;:\u00a0 their deviations from rational behavior are quite systematic.\u00a0 Our goal is to [&hellip;]<\/p>\n","protected":false},"featured_media":610,"template":"","event_category":[19],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>I&#039;m Doing as Well as I Can: Modeling People as Rational Finite Automata - Vinuni Research Website<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vinuni.edu.vn\/research\/event\/im-doing-as-well-as-i-can-modeling-people-as-rational-finite-automata-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"I&#039;m Doing as Well as I Can: Modeling People as Rational Finite Automata - Vinuni Research Website\" \/>\n<meta property=\"og:description\" content=\"Professor Joseph Halpern, Professor of Mathematics and Computer Science at Cornell University. (Full Bio:\u00a0https:\/\/math.cornell.edu\/joseph-halpern) Abstract: Several Nobel Prizes have been awarded for work showing\u00a0 that humans do not behave as maximum utility maximizers, as standard economic theory predicts.\u00a0 Yet they are &#8220;predictably irrational&#8221;:\u00a0 their deviations from rational behavior are quite systematic.\u00a0 Our goal is to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/vinuni.edu.vn\/research\/event\/im-doing-as-well-as-i-can-modeling-people-as-rational-finite-automata-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Vinuni Research Website\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-29T05:13:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/vinuni.edu.vn\/research\/wp-content\/uploads\/2021\/04\/ryoji-iwata-X53e51WfjlE-unsplash-1-scaled-e1664428395427.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1708\" \/>\n\t<meta property=\"og:image:height\" content=\"672\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/vinuni.edu.vn\/research\/event\/im-doing-as-well-as-i-can-modeling-people-as-rational-finite-automata-2\/\",\"url\":\"https:\/\/vinuni.edu.vn\/research\/event\/im-doing-as-well-as-i-can-modeling-people-as-rational-finite-automata-2\/\",\"name\":\"I'm Doing as Well as I Can: Modeling People as Rational Finite Automata - Vinuni Research Website\",\"isPartOf\":{\"@id\":\"https:\/\/vinuni.edu.vn\/research\/#website\"},\"datePublished\":\"2022-09-26T08:54:50+00:00\",\"dateModified\":\"2022-09-29T05:13:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/vinuni.edu.vn\/research\/event\/im-doing-as-well-as-i-can-modeling-people-as-rational-finite-automata-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/vinuni.edu.vn\/research\/event\/im-doing-as-well-as-i-can-modeling-people-as-rational-finite-automata-2\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/vinuni.edu.vn\/research\/event\/im-doing-as-well-as-i-can-modeling-people-as-rational-finite-automata-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"I&#8217;m Doing as Well as I Can: Modeling People as Rational Finite Automata\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/vinuni.edu.vn\/research\/#website\",\"url\":\"https:\/\/vinuni.edu.vn\/research\/\",\"name\":\"Vinuni Research Website\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/vinuni.edu.vn\/research\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"I'm Doing as Well as I Can: Modeling People as Rational Finite Automata - Vinuni Research Website","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/vinuni.edu.vn\/research\/event\/im-doing-as-well-as-i-can-modeling-people-as-rational-finite-automata-2\/","og_locale":"en_US","og_type":"article","og_title":"I'm Doing as Well as I Can: Modeling People as Rational Finite Automata - Vinuni Research Website","og_description":"Professor Joseph Halpern, Professor of Mathematics and Computer Science at Cornell University. 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