• DocumentCode
    2776442
  • Title

    Rational Choice and Barriers to Exponential Complexity in Social Optimization Computations under Uncertainty

  • Author

    Lim, Chjan C.

  • Author_Institution
    Math. Sci., RPI, Troy, NY, USA
  • fYear
    2011
  • fDate
    9-11 Oct. 2011
  • Firstpage
    796
  • Lastpage
    799
  • Abstract
    The main results here are a pair of social-cognitively significant necessary conditions for spin glass complexity that support rational choice in the social optimization problem under uncertain mean social returns and their correlations:(N1) the random mean social returns must be small relative to correlations, and (N2) the social portfolio weights or commitments to separate social activities cannot be continuously adjusted. For certain applications of social optimization computations under uncertainty where these hold, the further demonstration of exponentially large sets of near optimal solutions rules out rational choice.
  • Keywords
    optimisation; social sciences; exponential complexity; social optimization computations; social portfolio; social-cognitively significant necessary conditions; spin glass complexity; Complexity theory; Correlation; Glass; Optimization; Portfolios; Stationary state; Uncertainty; Mean variance; Rational Choice; Social Optimization; Uncertainty;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Privacy, Security, Risk and Trust (PASSAT) and 2011 IEEE Third Inernational Conference on Social Computing (SocialCom), 2011 IEEE Third International Conference on
  • Conference_Location
    Boston, MA
  • Print_ISBN
    978-1-4577-1931-8
  • Type

    conf

  • DOI
    10.1109/PASSAT/SocialCom.2011.24
  • Filename
    6113218