Coverart for item
The Resource Bounded rationality : the adaptive toolbox, edited by G. Gigerenzer and R. Selten

Bounded rationality : the adaptive toolbox, edited by G. Gigerenzer and R. Selten

Label
Bounded rationality : the adaptive toolbox
Title
Bounded rationality
Title remainder
the adaptive toolbox
Statement of responsibility
edited by G. Gigerenzer and R. Selten
Contributor
Subject
Genre
Language
eng
Summary
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
Cataloging source
N$T
Dewey number
153.4/3
Illustrations
illustrations
Index
index present
Language note
English
LC call number
BF448
LC item number
.B67 2001eb
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Gigerenzer, Gerd
  • Selten, Reinhard
http://library.link/vocab/subjectName
  • Decision making
  • Reasoning
  • Decision Making
  • Aspirations, Psychological
  • Rationalization
  • Models, Psychological
  • SCIENCE
  • PSYCHOLOGY
  • Decision making
  • Reasoning
  • Besluitvorming
  • Redeneren
  • Rationaliteit
  • Aanpassing
  • Social Sciences
  • Psychology
Label
Bounded rationality : the adaptive toolbox, edited by G. Gigerenzer and R. Selten
Instantiates
Publication
Copyright
Note
Report of the 84th Dahlem Workshop ... held in Berlin, March 14-19, 1999
Bibliography note
Includes bibliographical references and indexes
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Rethinking rationality / Gerd Gigerenzer and Reinhard Selten -- What is bounded rationality? / Reinhard Selten -- The adaptive toolbox / Gerd Gigerenzer -- Fast and frugal heuristics for environmentally bounded minds / Peter M. Todd -- Evolutionary adaptation and the economic concept of bounded rationality--a dialogue / Peter Hammerstein -- Group report : Is there evidence for an adaptive toolbox? / Abdolkarim Sadrieh [and others] -- The fiction of optimization / Gary Klein -- Preferential choice and adaptive strategy use / John W. Payne and James R. Bettman -- Comparing fast and frugal heuristics and optimal models / Laura Martignon -- Group report : Why and when do simple heuristics work? / Daniel G. Goldstein [and others] -- Emotions and cost-benefit assessment : the role of shame and self-esteem in risk taking / Daniel M.T. Fessler -- Simple reinforcement learning models and reciprocation in the prisoner's dilemma game / Ido Erev and Alvin E. Roth -- Imitation, social learning, and preparedness as mechanisms of bounded rationality / Kevin N. Laland -- Decision making in superorganisms : how collective wisdom arises from the poorly informed masses / Thomas D. Seeley --Group report : Effects of emotions and social processes on bounded rationality / Barbara A. Mellers [and others] -- Norms and bounded rationality / Robert Boyd and Peter J. Richerson -- Prominence theory as a tool to model boundedly rational decisions / Wulf Albers -- Goodwill accounting and the process of exchange / Kevin A. McCabe and Vernon L. Smith -- Group report : What is the role of culture in bounded rationality? / Joseph Henrich [and others]
Control code
49569412
Dimensions
unknown
Extent
1 online resource (xv, 377 pages)
Form of item
online
Isbn
9780585388281
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
illustrations
http://library.link/vocab/ext/overdrive/overdriveId
  • 1654
  • 9780262273817
Specific material designation
remote
System control number
(OCoLC)49569412
Label
Bounded rationality : the adaptive toolbox, edited by G. Gigerenzer and R. Selten
Publication
Copyright
Note
Report of the 84th Dahlem Workshop ... held in Berlin, March 14-19, 1999
Bibliography note
Includes bibliographical references and indexes
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Rethinking rationality / Gerd Gigerenzer and Reinhard Selten -- What is bounded rationality? / Reinhard Selten -- The adaptive toolbox / Gerd Gigerenzer -- Fast and frugal heuristics for environmentally bounded minds / Peter M. Todd -- Evolutionary adaptation and the economic concept of bounded rationality--a dialogue / Peter Hammerstein -- Group report : Is there evidence for an adaptive toolbox? / Abdolkarim Sadrieh [and others] -- The fiction of optimization / Gary Klein -- Preferential choice and adaptive strategy use / John W. Payne and James R. Bettman -- Comparing fast and frugal heuristics and optimal models / Laura Martignon -- Group report : Why and when do simple heuristics work? / Daniel G. Goldstein [and others] -- Emotions and cost-benefit assessment : the role of shame and self-esteem in risk taking / Daniel M.T. Fessler -- Simple reinforcement learning models and reciprocation in the prisoner's dilemma game / Ido Erev and Alvin E. Roth -- Imitation, social learning, and preparedness as mechanisms of bounded rationality / Kevin N. Laland -- Decision making in superorganisms : how collective wisdom arises from the poorly informed masses / Thomas D. Seeley --Group report : Effects of emotions and social processes on bounded rationality / Barbara A. Mellers [and others] -- Norms and bounded rationality / Robert Boyd and Peter J. Richerson -- Prominence theory as a tool to model boundedly rational decisions / Wulf Albers -- Goodwill accounting and the process of exchange / Kevin A. McCabe and Vernon L. Smith -- Group report : What is the role of culture in bounded rationality? / Joseph Henrich [and others]
Control code
49569412
Dimensions
unknown
Extent
1 online resource (xv, 377 pages)
Form of item
online
Isbn
9780585388281
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
illustrations
http://library.link/vocab/ext/overdrive/overdriveId
  • 1654
  • 9780262273817
Specific material designation
remote
System control number
(OCoLC)49569412

Library Locations

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      1 University Blvd, St. Louis, MO, 63121, US
      38.710138 -90.311107
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