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Published in:
Introduction to Man and Machines Read chapter Read first chapter

2017 | OriginalPaper | Chapter

12. Counterfactuals

Authors : Tshilidzi Marwala, Evan Hurwitz

Published in: Artificial Intelligence and Economic Theory: Skynet in the Market

Publisher: Springer International Publishing

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Abstract

The concept of rational counterfactuals is an idea of identifying a counterfactual from the factual (whether perceived or real), and knowledge of the laws that govern the relationships between the antecedent and the consequent, that maximizes the attainment of the desired consequent. In counterfactual thinking, factual statements like: ‘Greece was not financially prudent and consequently its finances are in tatters’, and with its counterfactual being: ‘Greece was financially prudent and consequently its finances are in good shape’. In order to build rational counterfactuals, artificial intelligence (AI) techniques are applied. The interstate conflict example considered uses AI to create counterfactuals that are able to maximize the attainment of peace.

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Metadata
Title
Counterfactuals
Authors
Tshilidzi Marwala
Evan Hurwitz
Copyright Year
2017
Book
Artificial Intelligence and Economic Theory: Skynet in the Market

Print ISBN: 978-3-319-66103-2

Electronic ISBN: 978-3-319-66104-9

Copyright Year: 2017

DOI
https://doi.org/10.1007/978-3-319-66104-9_12

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