Supplement to Bounded Rationality
Long descriptions for figures in Bounded Rationality
Figure 1 description
Two graphs labeled (a) and (b):
- Graph (a) is a four quadrant graph with an origin at (0,0). The x-axis is labeled v(x) and goes from −100 to 100; the left side is labeled ‘losses’ and the right side ‘gains’. The y-axis is labeled x and goes from −30 to 30. A single curved line starts at the lower left (approx. (−100,−24)) at about a 30 degree angle, goes through the origin at almost a 90 degree angle then goes back to a 30 degree angle by the end (approx. (100,10)).
- Graph (b) is a 10 by 10 layout with x and y both going from 0 to 1. The y-axis is labeled w(p) and the x-x-axis p. A straight dashed line goes from (0,0) to (1,1). A solid curved line also goes between the same points. It is above the dashed line from (0,0) to about (.35,.35) and below the dashed line after that point.
Figure 2 description
The center of the mostly symetrical diagram consists of four vertical boxes, the whole labeled above as ‘cues’ and individually inside from top to bottom as X1, Xi, Xj, Xn. Cue Xi and Xj are connected by a line labeled ρXi,Xj.
To the left of the cues is a box labeled above in green as ‘criterion value’ and inside as Ye. Each of the four cues is connected to it with a line and each line labeled ρYe,X1 (with X1 replaced appropriately).
To the right of the cues is a box labeled above in blue as ‘subject response’ and inside as Ys. Each of the four cues is connected to it with a line and each line labeled ρYs,X1 (with X1 replaced appropriately).
Below the cues is an equation ra=ρYe,Ys and below that in red the label ‘achievement index’. Lines connect the equation to both Ye and Ys.
Below this equation and label is another G=ρˆYe,ˆYs and below that a label in red ‘matching index’. To the left a line goes to a box containing ˆYe and labeled in green ‘predicted criterion value’. A line from this box in turn goes to an equation Re=ρYe,ˆYe which is labeled in green ‘environmental predictability’. A final line goes from this equation back to the original green box that was labeled ‘criterion value’
To the right of ‘matching index’ goes a line to a box containing ˆYs and labeled in blue ‘predicted subject responses’. A line from this box in turn goes to an equation Rs=ρYs,ˆYs which is labeled in blue ‘response linearity’. A final line goes from this equation back to the original blue box that was labeled ‘subject response’.
In the lower left is the equation
Ye=n∑i=1βe,jXj+ϵeUnder the right hand part of the equation but not including +ϵe is a horizontal brace labeled ˆYe
In the lower right is the equation
Ys=n∑i=1βs,jXj+ϵsUnder the right hand part of the equation but not including +ϵe is a horizontal brace labeled ˆYs
Figure 3 description
A diagram of four targets in a two by two layout. Each of the four targets consists of five concentric rings with the innermost ring colored gray. From innermost to outermost the rings are numbered 0 through 4.
The top left target is labeled ‘(low bias & low variance)’. A cluster of black dots is in ring 0.
The top right target is labeled ‘(low bias & high variance)’. Black dots are scattered at all angles in rings 0 through 2.
The bottom left target is labeled ‘(high bias & low variance)’. Black dots are clustered in the upper right quadrant in rings 2 and 3.
The bottom right target is labeled ‘(high bias & high variance)’. Black dots are mostly in the bottom right quadrant though some in the top right quadrant in all rings.