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About: Vicarious problem-solving     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatEconomicsModels, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:Assistant109815790yago:CausalAgent100007347yago:LivingThing100004258yago:Model110324560yago:Object100002684yago:Organism100004475yago:Person100007846yago:PhysicalEntity100001930yago:Worker109632518yago:YagoLegalActoryago:YagoLegalActorGeoprogramming languageyago:Whole100003553yago:WikicatEconomicsModels New Facet based on Instances of this Class

Vicarious problem-solving is a rational actor approach developed by Thomas Schelling. In economic reasoning it is an educated common sense where one informally models the situation assuming agents ‘operate in a purposeful manner, aware of their values and alert to their opportunities’. Using this approach, the researcher figures out what an agent might do by imagining him or herself in the person's position, as best he or she understands that position, and decides what that person will likely do, given that person's aims, values, objectives and constraints.