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    Bounded cognitive agents may fail to identify strategies ... — Carmelics
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    Home/Consciousness & Mind
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    Bounded cognitive agents may fail to identify strategies that are optimal in the long run because their limited information processing prevents them from perceiving the longer time horizon.

    Consequentialism
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    1 reason for
    2 reasons against

    Reasons For

    1 perspective
    Reason for
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    • 1.Real cognitive agents have limited memory and reasoning capacities.
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    • 2.In iterated social interaction, payoffs are generated along the game and may not be clear beforehand.
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    • 3.The best strategy in terms of short-term payoffs need not be optimal in the long run.
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    Reasons Against

    2 perspectives
    Reason against 1 of 2
    ?
    • 1.Hayek's epistemic argument establishes that decentralized, locally-bounded decision-making aggregates information that no single fully-informed reasoner could process.
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    • 2.The claim presupposes a view-from-nowhere standard of optimality that is itself computationally inaccessible, rendering 'optimal long-run strategy' an incoherent benchmark against which to measure bounded agents.
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    • 3.Herbert Simon's satisficing framework redefines rationality relative to the agent's actual environment, making 'failure' relative to an unbounded ideal a category error rather than a genuine cognitive deficit.
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    Reason against 2 of 2
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    • 1.Gerd Gigerenzen's research demonstrates that heuristics operating under cognitive constraints systematically outperform optimization algorithms in complex, uncertain environments.
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    • 2.If bounded processing reliably produces better long-run outcomes than unbounded deliberation, cognitive limitation cannot be characterized as a failure to identify optimal strategies.
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    Topics

    Consciousness & MindConsequentialism

    Key Terms

    Bounded cognitive agents(as used in decision theory and behavioral economics)
    People or systems that have limited thinking power and can't process unlimited amounts of information, so they can't consider every possible option or consequence.
    Information processing(as used in cognitive science and philosophy of mind)
    The ability to take in, understand, and think through facts and data to make decisions.
    Optimal(as the criterion for when a sanction should be applied)
    The best possible outcome or choice given the circumstances—the one that works better than any other alternative.
    Time horizon(as used in ethics and long-term planning)
    How far into the future you're thinking when making a decision—whether you're planning for next week or the next decade.

    Connections

    2 topics

    Skepticism2 linkedMoral Responsibility2 linked

    Related

    Bounded agents may miss the longer horizon due to their cognitive limitations.Gerd Gigerenzen's research demonstrates that heuristics operating under cognitiv...

    Source

    AI-extracted1/3 agreementValid
    SEP: logics-for-games
    View source passageHide passage
    Besides variations in preferences and beliefs, a third crucial aspect of players is their styles of information processing, decision making, and reasoning. Real cognitive agents are bounded in their information processing, as both their memory and reasoning capacities are limited. In particular, players may not be able to represent the entire game they are in, nor reason until the end of the game. This phenomenon of short sight has been studied in Grossi and Turrini (2012) and Turrini (2016). Mo
    Extraction notes

    Validity: Extracted via Max plan + API grounding/validity checks

    Details

    Hayek's epistemic argument establishes that decentralized, locally-bounded decis...
    Herbert Simon's satisficing framework redefines rationality relative to the agen...
    +5 moreShow less
    If bounded processing reliably produces better long-run outcomes than unbounded ...In iterated social interaction, payoffs are generated along the game and may not...Real cognitive agents have limited memory and reasoning capacities.The best strategy in terms of short-term payoffs need not be optimal in the long...The claim presupposes a view-from-nowhere standard of optimality that is itself ...

    Similar

    Bounded agents may miss the longer horizon due to their cognitive limi...85%Real cognitive agents have limited memory and reasoning capacities.83%Real cognitive agents cannot fully represent the entire game they are ...81%Real cognitive agents are bounded in their information processing.80%
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