Learning What to Want: Context-Sensitive Preference Learning

Nisheeth Srivastava, Paul Schrater, Pablo Brañas-Garza
2015 PLoS ONE  
We have developed a method for learning relative preferences from histories of choices made, without requiring an intermediate utility computation. Our method infers preferences that are rational in a psychological sense, where agent choices result from Bayesian inference of what to do from observable inputs. We further characterize conditions on choice histories wherein it is appropriate for modelers to describe relative preferences using ordinal utilities, and illustrate the importance of the
more » ... influence of choice history by explaining all major categories of context effects using them. Our proposal clarifies the relationship between economic and psychological definitions of rationality and rationalizes several behaviors heretofore judged irrational by behavioral economists.
doi:10.1371/journal.pone.0141129 pmid:26496645 pmcid:PMC4619741 fatcat:upaicivozzeprgldc2u6huoavi