Some comparisons between the Variational rationality, Habitual domain, and DMCS approaches
G. C. Bento, A. Soubeyran

TL;DR
This paper compares the Variational Rationality and Habitual Domain approaches, highlighting their similarities, differences, and complementary aspects in modeling human stability and change across various disciplines.
Contribution
It provides a detailed comparison of VR and HD approaches, analyzing their concepts, mathematical tools, and applications in understanding human dynamics.
Findings
Both approaches are interdisciplinary and focus on stability and change.
They use different concepts and mathematical tools, with some overlapping.
The approaches are complementary, addressing similar problems from different perspectives.
Abstract
The "Habitual domain" (HD) approach and the "Variational rationality" (VR) approach belong to the same strongly interdisciplinary and very dispersed area of research: human stability and change dynamics (see Soubeyran, 2009, 2010, for an extended survey), including physiological, physical, psychological and strategic aspects, in Psychology, Economics, Management Sciences, Decision theory, Game theory, Sociology, Philosophy, Artificial Intelligence,.... These two approaches are complementary. They have strong similarities and strong differences. They focus attention on both similar and different stay and change problems, using different concepts and different mathematical tools. When they use similar concepts (a lot), they often have different meaning. We can compare them with respect to the problems and topics they consider, the behavioral principles they use, the concepts they…
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Taxonomy
TopicsDecision-Making and Behavioral Economics · Forecasting Techniques and Applications · Innovation Diffusion and Forecasting
