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Let E be the topological dual of [C.sub.c](X) and denote by B the family of all bounded sets of [C.sub.c] (X) and by [beta](E, C(X)) the strong topology on E.
If {[A.sub.[alpha]] : [alpha] [member of] [N.sup.N}] is a fundamental bounded resolution for [C.sub.c] (X), by setting
Consequently {[A.sub.[alpha]] : [alpha] [member of] [N.sup.N}] is a fundamental bounded resolution for [C.sub.c](X).
A subset A of C(X) is bounded for the compact-open topology [[tau].sub.c] if and only if there exists a sequence {[F.sub.n] (A) : n [member of] N} of subsets of K(X) such that
bounded budget (as in discretionary spending) or allow the program
Should governments be required to award a bounded percentage
have a bounded budget and then award grants to the best projects that
He shows that the idea of bounded rationality is implicitly embedded in that model.
Based on the assumption of bounded rationality in real-world settings, he analyses to what extent the concept is sufficiently represented in a model, a requirement that he calls 'premise description': 'Premise description highlights the organizational processes and cognitive limitations that bound the rational adjustment of each decision function' (Morecroft, 1985, p.
The first article uses an existing model to confirm the proposition that bounded rationality is an implicit constituent of system dynamics models, whereas the second article uses the concept of bounded rationality as a starting point for building a model.
The Center for Adaptive Behavior and Cognition at the Max Planck Institute for Human Development in Berlin has launched one of the most ambition projects yet to explore the impact of bounded rationality on human judgment.
While bounded rationality struggles for respect in fields such as psychology, artificial intelligence, and economics, it has largely replaced the optimality assessments long favored by investigators of animal behavior in natural habitats, Seeley says.
Researchers will pay the computational price if bounded rationality promises a large return.
Sargent uses Jean Tirole's No-Trade theorem to demonstrate that modeling with bounded rationality captures real-world processes effectively.
The no-trade example ranks as Sargent's most interesting application of bounded rationality.