Bounded Rationality: The Adaptive Toolbox
Editors: Gerd Gigeerenzer and Reinhard Selten
Language: English
Published by The MIT Press, Cambridge, MA, 2001
- Hardcover
- Used
Seller: Sabra Books, Naperville, IL, U.S.A.Sabra Books
AbeBooks seller since April 1, 2015
Condition: Used - Very good
US$ 19.99
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Selected pages might have residue of pencil marks (most if not all were erased). Minor wear along the DJ edges. Minor rubbing wear to DJ covers. Book may contain some residual odor from prior storage.
Seller Inventory # 110171
- Title
- Bounded Rationality: The Adaptive Toolbox
- Author
- Editors: Gerd Gigeerenzer and Reinhard Selten
- Publisher
- The MIT Press, Cambridge, MA
- Publication year
- 2001
- Condition
- Very Good
- Dust jacket
- Very Good
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0262072149
- ISBN 13
- 9780262072144
- Item weight
- 2 pounds
- Dimensions
- 9.25" x 6.25" x 1.25"
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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Sabra Books
Naperville, IL, U.S.A.
AbeBooks seller since April 1, 2015
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