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Bounded Rationality and Politics

About Bounded Rationality and Politics

Considers two schools of behavioral economics - the first guided by Tversky and Kahneman's work on heuristics and biases, and the second as described by Gerd Gigerenzer's program on fast and frugal heuristics. This title proposes Herbert Simon's work on bounded rationality as a way to reconcile the inconsistencies between the two camps.

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  • Language:
  • English
  • ISBN:
  • 9780520259461
  • Binding:
  • Hardback
  • Pages:
  • 248
  • Published:
  • June 1, 2010
  • Dimensions:
  • 152x229x18 mm.
  • Weight:
  • 544 g.
Delivery: 2-4 weeks
Expected delivery: December 12, 2024

Description of Bounded Rationality and Politics

Considers two schools of behavioral economics - the first guided by Tversky and Kahneman's work on heuristics and biases, and the second as described by Gerd Gigerenzer's program on fast and frugal heuristics. This title proposes Herbert Simon's work on bounded rationality as a way to reconcile the inconsistencies between the two camps.

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