Bounded Rationality - The Adaptive Toolbox

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9780262571647: 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 with his notion of "bounded rationality." Today, bounded rationality has become a fashionable term used for disparate views of reasoning.This book promotes bounded rationality as the key to understanding how real people make decisions. Using the concept of an "adaptive toolbox," a repertoire of fast and frugal rules for decision making under uncertainty, it attempts to impose more order and coherence on the idea of bounded rationality. The contributors view bounded rationality neither as optimization under constraints nor as the study of people?s reasoning fallacies. The strategies in the adaptive toolbox dispense with optimization and, for the most part, with calculations of probabilities and utilities. The book extends the concept of bounded rationality from cognitive tools to emotions; it analyzes social norms, imitation, and other cultural tools as rational strategies; and it shows how smart heuristics can exploit the structure of environments.

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Gerd Gigerenzer
Edité par MIT Press Ltd, United States (2002)
ISBN 10 : 0262571641 ISBN 13 : 9780262571647
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Description du livre MIT Press Ltd, United States, 2002. Paperback. État : New. Revised ed.. 226 x 152 mm. Language: English . Brand New Book. 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 become a fashionable term used for disparate views of reasoning. This book promotes bounded rationality as the key to understanding how real people make decisions. Using the concept of an adaptive toolbox, a repertoire of fast and frugal rules for decision making under uncertainty, it attempts to impose more order and coherence on the idea of bounded rationality. The contributors view bounded rationality neither as optimization under constraints nor as the study of people s reasoning fallacies. The strategies in the adaptive toolbox dispense with optimization and, for the most part, with calculations of probabilities and utilities. The book extends the concept of bounded rationality from cognitive tools to emotions; it analyzes social norms, imitation, and other cultural tools as rational strategies; and it shows how smart heuristics can exploit the structure of environments. N° de réf. du libraire AAU9780262571647

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Gigerenzer, Gerd
Edité par MIT Press Ltd (2002)
ISBN 10 : 0262571641 ISBN 13 : 9780262571647
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Description du livre MIT Press Ltd, 2002. État : New. 2002. Reprint. Paperback. This book promotes bounded rationality as the key to understanding how real people make decisions. Editor(s): Gigerenzer, Gerd; Selten, Reinhard. Series: Dahlem Workshop Reports. Num Pages: 394 pages, 42. BIC Classification: JMRN; KCA. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 228 x 155 x 19. Weight in Grams: 640. . . . . . . N° de réf. du libraire V9780262571647

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Gigerenzer, Gerd
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Description du livre MIT Press Ltd. État : New. 2002. Reprint. Paperback. This book promotes bounded rationality as the key to understanding how real people make decisions. Editor(s): Gigerenzer, Gerd; Selten, Reinhard. Series: Dahlem Workshop Reports. Num Pages: 394 pages, 42. BIC Classification: JMRN; KCA. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 228 x 155 x 19. Weight in Grams: 640. . . . . . Books ship from the US and Ireland. N° de réf. du libraire V9780262571647

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Gigerenzer, Gerd (EDT)/ Selten, Reinhard (EDT)
Edité par MIT Press Ltd 2002-09-02, Cambridge, Mass. (2002)
ISBN 10 : 0262571641 ISBN 13 : 9780262571647
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Description du livre MIT Press Ltd 2002-09-02, Cambridge, Mass., 2002. paperback. État : New. N° de réf. du libraire 9780262571647

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Description du livre MIT Press, 2002. PAP. État : New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. N° de réf. du libraire BB-9780262571647

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Gerd Gigerenzer
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Description du livre MIT Press Ltd, United States, 2002. Paperback. État : New. Revised ed.. 226 x 152 mm. Language: English . Brand New Book. 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 become a fashionable term used for disparate views of reasoning. This book promotes bounded rationality as the key to understanding how real people make decisions. Using the concept of an adaptive toolbox, a repertoire of fast and frugal rules for decision making under uncertainty, it attempts to impose more order and coherence on the idea of bounded rationality. The contributors view bounded rationality neither as optimization under constraints nor as the study of people s reasoning fallacies. The strategies in the adaptive toolbox dispense with optimization and, for the most part, with calculations of probabilities and utilities. The book extends the concept of bounded rationality from cognitive tools to emotions; it analyzes social norms, imitation, and other cultural tools as rational strategies; and it shows how smart heuristics can exploit the structure of environments. N° de réf. du libraire AAU9780262571647

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Gerd Gigerenzer, Reinhard Selten
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Description du livre MIT Press Ltd. Paperback. État : new. BRAND NEW, Bounded Rationality: The Adaptive Toolbox, Gerd Gigerenzer, Reinhard Selten, 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 become a fashionable term used for disparate views of reasoning. This book promotes bounded rationality as the key to understanding how real people make decisions. Using the concept of an "adaptive toolbox," a repertoire of fast and frugal rules for decision making under uncertainty, it attempts to impose more order and coherence on the idea of bounded rationality. The contributors view bounded rationality neither as optimization under constraints nor as the study of people's reasoning fallacies. The strategies in the adaptive toolbox dispense with optimization and, for the most part, with calculations of probabilities and utilities. The book extends the concept of bounded rationality from cognitive tools to emotions; it analyzes social norms, imitation, and other cultural tools as rational strategies; and it shows how smart heuristics can exploit the structure of environments. N° de réf. du libraire B9780262571647

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Description du livre État : Brand New. Brand New Original US Edition, Perfect Condition. Printed in English. Excellent Quality, Service and customer satisfaction guaranteed!. N° de réf. du libraire AIND-31086

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Description du livre Mit Pr, 2002. État : New. N° de réf. du libraire EH9780262571647

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