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
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