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Home / Proceedings / Proceedings of the AAAI Conference on Artificial Intelligence, 35 / No. 6: AAAI-21 Technical Tracks 6

Present-Biased Optimization

February 1, 2023

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Authors

Fedor V. Fomin

University of Bergen


Pierre Fraigniaud

CNRS and Université de Paris


Petr A. Golovach

University of Bergen


DOI:

10.1609/aaai.v35i6.16682


Abstract:

This paper explores the behavior of present-biased agents, that is, agents who erroneously anticipate the costs of future actions compared to their real costs. Specifically, the paper extends the origi- nal framework proposed by Akerlof (1991) for studying various aspects of human behavior related to time-inconsistent planning, including pro- crastination, and abandonment, as well as the elegant graph-theoretic model encapsulating this framework recently proposed by Kleinberg and Oren (2014). The benefit of this extension is twofold. First, it enables to perform fine grained analysis of the behavior of present-biased agents depending on the optimisation task they have to perform. In particular, we study covering tasks vs. hitting tasks, and show that the ratio be- tween the cost of the solutions computed by present-biased agents and the cost of the optimal solutions may differ significantly depending on the problem constraints. Second, our extension enables to study not only un- derestimation of future costs, coupled with minimization problems, but also all combinations of minimization/maximization, and underestima- tion/overestimation. We study the four scenarios, and we establish upper bounds on the cost ratio for three of them (the cost ratio for the origi- nal scenario was known to be unbounded), providing a complete global picture of the behavior of present-biased agents, as far as optimisation tasks are concerned.

Topics: AAAI

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HOW TO CITE:

Fedor V. Fomin||Pierre Fraigniaud||Petr A. Golovach Present-Biased Optimization Proceedings of the AAAI Conference on Artificial Intelligence (2021) 5415-5422.

Fedor V. Fomin||Pierre Fraigniaud||Petr A. Golovach Present-Biased Optimization AAAI 2021, 5415-5422.

Fedor V. Fomin||Pierre Fraigniaud||Petr A. Golovach (2021). Present-Biased Optimization. Proceedings of the AAAI Conference on Artificial Intelligence, 5415-5422.

Fedor V. Fomin||Pierre Fraigniaud||Petr A. Golovach. Present-Biased Optimization. Proceedings of the AAAI Conference on Artificial Intelligence 2021 p.5415-5422.

Fedor V. Fomin||Pierre Fraigniaud||Petr A. Golovach. 2021. Present-Biased Optimization. "Proceedings of the AAAI Conference on Artificial Intelligence". 5415-5422.

Fedor V. Fomin||Pierre Fraigniaud||Petr A. Golovach. (2021) "Present-Biased Optimization", Proceedings of the AAAI Conference on Artificial Intelligence, p.5415-5422

Fedor V. Fomin||Pierre Fraigniaud||Petr A. Golovach, "Present-Biased Optimization", AAAI, p.5415-5422, 2021.

Fedor V. Fomin||Pierre Fraigniaud||Petr A. Golovach. "Present-Biased Optimization". Proceedings of the AAAI Conference on Artificial Intelligence, 2021, p.5415-5422.

Fedor V. Fomin||Pierre Fraigniaud||Petr A. Golovach. "Present-Biased Optimization". Proceedings of the AAAI Conference on Artificial Intelligence, (2021): 5415-5422.

Fedor V. Fomin||Pierre Fraigniaud||Petr A. Golovach. Present-Biased Optimization. AAAI[Internet]. 2021[cited 2023]; 5415-5422.


ISSN: 2374-3468


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