Bounded Rationality

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Bounded Rationality
Language: en
Pages: 553
Authors: Sanjit Dhami
Categories: Business & Economics
Type: BOOK - Published: 2022-07-12 - Publisher: MIT Press

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Two leaders in the field explore the foundations of bounded rationality and its effects on choices by individuals, firms, and the government. Bounded rationalit
Bounded Rationality
Language: en
Pages: 404
Authors: Gerd Gigerenzer
Categories: Business & Economics
Type: BOOK - Published: 2002-07-26 - Publisher: MIT Press

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In a complex and uncertain world, humans and animals make decisions under the constraints of limited knowledge, resources, and time. Yet models of rational deci
Modeling Bounded Rationality
Language: en
Pages: 226
Authors: Ariel Rubinstein
Categories: Business & Economics
Type: BOOK - Published: 1998 - Publisher: MIT Press

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The notion of bounded rationality was initiated in the 1950s by Herbert Simon; only recently has it influenced mainstream economics. In this book, Ariel Rubinst
Routledge Handbook of Bounded Rationality
Language: en
Pages: 681
Authors: Riccardo Viale
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Type: BOOK - Published: 2020-12-02 - Publisher: Routledge

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Herbert Simon’s renowned theory of bounded rationality is principally interested in cognitive constraints and environmental factors and influences which preve
Bounded Rationality and Industrial Organization
Language: en
Pages: 235
Authors: Ran Spiegler
Categories: Business & Economics
Type: BOOK - Published: 2011-02-18 - Publisher: OUP USA

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Ît then rigorously analyses each model in the tradition of microeconomic theory, leading to a richer, more realistic picture of consumer behavior. Ran Spiegler