Probably, approximately useful frames of mind: A quasi-algorithmic approach.

Mihnea C Moldoveanu1

  • 1Rotman School of Management & Desautels Centre for Integrative Thinking, University of Toronto, Toronto, ON M5S 3E6, Canada mihnea.moldoveanu@rotman.utoronto.ca.

Summary

Effective decision-making requires evaluating situational frames based on their informational gain and computational cost. This research proposes a model to assess frame utility for optimizing action, especially under time pressure and complex objectives.

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