Beyond Perfect Reasoning: A New Philosophical Approach to Bounded Rationality
Name of applicant
Jens Christian Bjerring
Title
Associate Professor
Institution
Aarhus University
Amount
DKK 874,791
Year
2024
Type of grant
Monograph Fellowships
Summary
How do we make decisions when we cannot predict every outcome? This project challenges the unrealistic idea that people can foresee all consequences of their beliefs. By developing a new model of “bounded rationality”, it shows how we actually reason and make choices with limited mental resources. This work impacts our understanding of decision-making, probability, and how AI can assist us.