Bounded Rationality and Politics
Seiten
2010
University of California Press (Verlag)
978-0-520-25946-1 (ISBN)
University of California Press (Verlag)
978-0-520-25946-1 (ISBN)
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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.
In "Bounded Rationality and Politics", Jonathan Bendor considers two schools of behavioral economics - the first guided by Tversky and Kahneman's work on heuristics and biases, which focuses on the mistakes people make in judgment and choice; the second as described by Gerd Gigerenzer's program on fast and frugal heuristics, which emphasizes the effectiveness of simple rules of thumb. Finding each of these radically incomplete, Bendor's illuminating analysis proposes Herbert Simon's pathbreaking work on bounded rationality as a way to reconcile the inconsistencies between the two camps. Bendor shows that Simon's theory turns on the interplay between the cognitive constraints of decision makers and the complexity of their tasks.
In "Bounded Rationality and Politics", Jonathan Bendor considers two schools of behavioral economics - the first guided by Tversky and Kahneman's work on heuristics and biases, which focuses on the mistakes people make in judgment and choice; the second as described by Gerd Gigerenzer's program on fast and frugal heuristics, which emphasizes the effectiveness of simple rules of thumb. Finding each of these radically incomplete, Bendor's illuminating analysis proposes Herbert Simon's pathbreaking work on bounded rationality as a way to reconcile the inconsistencies between the two camps. Bendor shows that Simon's theory turns on the interplay between the cognitive constraints of decision makers and the complexity of their tasks.
Jonathan Bendor is Walter and Elise Haas Professor of Political Economics at the Graduate School of Business, Stanford University.
Erscheint lt. Verlag | 15.6.2010 |
---|---|
Reihe/Serie | Wildavsky Forum Series ; 6 |
Zusatzinfo | 15 line illustrations |
Verlagsort | Berkerley |
Sprache | englisch |
Maße | 152 x 229 mm |
Gewicht | 544 g |
Themenwelt | Geisteswissenschaften ► Psychologie ► Verhaltenstherapie |
Sozialwissenschaften ► Politik / Verwaltung ► Politische Theorie | |
Wirtschaft ► Betriebswirtschaft / Management ► Allgemeines / Lexika | |
Wirtschaft ► Volkswirtschaftslehre ► Mikroökonomie | |
ISBN-10 | 0-520-25946-7 / 0520259467 |
ISBN-13 | 978-0-520-25946-1 / 9780520259461 |
Zustand | Neuware |
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