9:20 AM - 10:00 AM
[3J1-OS-9a-02] (OS invited talk) Behavioral neuroeconomics and Artificial Intelligence
Keywords:Behavioral economics, Neuroeconomics, Hyperbolic discounting
Behavioral economics examines psychological factors underlying the violation of rationality in human decision making and its social impacts. This originates from Herbert Simon’s concept of “bounded rationality” in the context of AI research. Neuroeconomics, which combines findings in neuroscience and behavioral economics, examines neural mechanisms underlying human decision making and the bounded rationality. Studies in neuroeconomics have been trying to identify brain regions and neurocomputational algorithms mediating the biased decisions. In recent progress in the field, 1) quantum information theory and statistical mechanics have been incorporated into cognitive and behavioral models, and 2) quantum optics and physical computation have been applied to physically implement irrational human decision processes, which is a type of IoT. In this talk, the three anomalies in behavioral economics (Prospect theory, hyperbolic discounting, and social preferences) will be introduced and the results of the recent approaches on the anomalies will also be explained.
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