Jonathan Ito, David Pynadath, Liz Sonenberg, Stacy Marsella: “Wishful Thinking in Effective Decision Making”

May 12, 2010 | Toronto, Ontario

Speaker: Jonathan Ito, David Pynadath, Liz Sonenberg, Stacy Marsella
Host: Ninth International Conference on Autonomous Agents and Multiagent Systems

Creating agents that act reasonably in uncertain environments is a primary goal of agent-based research. In this work we explore the theory that wishful thinking can be an effective strategy in uncertain and competitive decision scenarios. Specifically, we present the constraints necessary for wishful thinking to outperform Expected Utility Maximization and take instances of popular games from Game-Theoretic literature showing how they relate to our constraints and whether they can benefit from wishful-thinking.