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Bounded Rationality: The Adaptive Toolbox

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 | #554222 in Books |  2002-08-07 | Original language:English | PDF # 1 |  9.00 x.80 x6.00l,1.17 | File type: PDF | 394 pages

||17 of 17 people found the following review helpful.| Human Rationality and Evolution|By Steven Peterson|This edited volume is an important addition to the work on human decision-making under conditions of uncertainty, in which people use "rules of thumb" to produce cost-effective decisions that are not strictly "rational." From the psychological literature, the work of Kahneman and Tversky is well know (and has been rewarded wi

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 with his notion of "bounded rationality." Today, bounded rationality has b...

You easily download any file type for your device.Bounded Rationality: The Adaptive Toolbox   |  From The MIT Press. I really enjoyed this book and have already told so many people about it!

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