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Bounded Rationality: The Adaptive Toolbox

Bounded Rationality: The Adaptive Toolbox - Paperback

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Availability:In StockContributor:Gerd Gigerenzer (Editor), Reinhard Selten (Editor)Series:Dahlem Workshop ReportsAudience:Young AdultPublish date:2002-07-26Pages:394
Language:EnglishPublisher:MIT PressISBN-13:9780262571647ISBN-10:262571641UPC:9780262571647Book Category:Psychology, Business & EconomicsBook Subcategory:Cognitive Psychology & Cognition, ManagementSize:9.04 x 6.12 x 0.77 inchesWeight:1.1707Product ID:SCRT0SQ31Z

Bounded Rationality: The Adaptive Toolbox

In a complex and uncertain world, humans and animals make decisions under the constraints of limited knowledge, resources, and time. Yet models of rational decision making in economics, cognitive science, biology, and other fields largely ignore these real constraints and instead assume agents with perfect information and unlimited time. About forty years ago, Herbert Simon challenged this view...
Series: Dahlem Workshop Reports
Audience: Young Adult
Language:EnglishPublisher:MIT PressISBN-13:9780262571647ISBN-10:262571641UPC:9780262571647Book Category:Psychology, Business & EconomicsBook Subcategory:Cognitive Psychology & Cognition, ManagementSize:9.04 x 6.12 x 0.77 inchesWeight:1.1707Product ID:SCRT0SQ31Z
Gerd Gigerenzer is Director at the Max Planck Institute for Human Development, Berlin. He is the author of Calculated Risks, among other books, and the coeditor of Bounded Rationality: The Adaptive Toolbox and Heuristics and the Law, both published by the MIT Press.

The late Reinhard Selten was Professor at the University of Bonn and was a co-winner of the 1994 Nobel Prize in Economics.
Publisher: MIT Press

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