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Bounded Rationality in Decision-Making
- How Cognitive Shortcuts and Professional Values May Interfere with Market-Based Regulation
part of the Issues in Environmental Politics series
- Binding:
- Hardback
- Pages:
- 256
- Published:
- April 18, 2010
- Dimensions:
- 138x216x25 mm.
- Weight:
- 448 g.
Delivery:
2-4 weeks
Expected delivery: December 12, 2024
Description of Bounded Rationality in Decision-Making
Challenging standard economic models, this book shows how farmers tend to use cognitive shortcuts and how professional pride frequently trumps profit considerations when farmers make decisions about fertilizers and other types of decisions. -- .
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