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Random Decisions as Rational Decisions.

Random decision-making (RDM) is a method of choice in which an agent delegates the final selection to a random device (e.g., a coin). When faced with multiple options, RDM is often dismissed as an irrational approach. Even in symmetrical cases where RDM is conceded to be rational, it is typically re...

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Published in:Problems / Problemos Vol. 108; pp. 139 - 151
Main Author: Shao, Jianfei
Format: Article
Published: Vilnius University 2025
Subjects:
Regret
Decision making
Sociocultural factors
Rationalism
Psychological factors
Online Access:View this record in EBSCOhost