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Bounded Rationality: The Adaptive Toolbox
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Bounded Rationality: The Adaptive Toolbox Hardcover - 2001

by Gerd Gigerenzer (Editor); Reinhard Selten (Editor)


From the publisher

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.

Details

  • Title Bounded Rationality: The Adaptive Toolbox
  • Author Gerd Gigerenzer (Editor); Reinhard Selten (Editor)
  • Binding Hardcover
  • Pages 394
  • Volumes 1
  • Language ENG
  • Publisher MIT Press, Cambridge, Massachusetts
  • Date February 19, 2001
  • ISBN 9780262072144 / 0262072149
  • Weight 1.69 lbs (0.77 kg)
  • Dimensions 9.22 x 6.3 x 1.09 in (23.42 x 16.00 x 2.77 cm)
  • Library of Congress subjects Decision making, Reasoning
  • Library of Congress Catalog Number 00064589
  • Dewey Decimal Code 153.43
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Bounded Rationality: The Adaptive Toolbox
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Bounded Rationality: The Adaptive Toolbox

by Gigerenzer, Gerd

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Bounded Rationality: The Adaptive Toolbox
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Bounded Rationality: The Adaptive Toolbox

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Mit Pr. Used - Good. Ships from UK in 48 hours or less (usually same day). Your purchase helps support Sri Lankan Children's Charity 'The Rainbow Centre'. Ex-library, so some stamps and wear, but in good overall condition. 100% money back guarantee. We are a world class secondhand bookstore based in Hertfordshire, United Kingdom and specialize in high quality textbooks across an enormous variety of subjects. We aim to provide a vast range of textbooks, rare and collectible books at a great price. Our donations to The Rainbow Centre have helped provide an education and a safe haven to hundreds of children who live in appalling conditions. We provide a 100% money back guarantee and are dedicated to providing our customers with the highest standards of service in the bookselling industry.
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Bounded Rationality: The Adaptive Toolbox
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Bounded Rationality: The Adaptive Toolbox

by Gigerenzer, G. and Selten, R. (eds)

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The MIT Press, 2001. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. Clean from markings. In good all round condition. Dust jacket in good condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,850grams, ISBN:9780262072144
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Bounded Rationality: The Adaptive Toolbox
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Bounded Rationality: The Adaptive Toolbox

by Gigerenzer, Gerd & Reinhard Selten (editors)

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Cambridge: MIT Press. Fine copy in fine dust jacket. 2001. 1st. hardcover. 8vo, 377 pp. .
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Bounded Rationality: The Adaptive Toolbox
Stock Photo: Cover May Be Different

Bounded Rationality: The Adaptive Toolbox

by Gigerenzer, Gerd and Selten, Reinhard (editors)

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  • Hardcover
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Hardcover
ISBN 13
9780262072144
ISBN 10
0262072149
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Cambridge, Massachusetts: MIT Press, 2001. Hardcover. Fine/Near Fine. xvi, 377, [7] pp. Report of the 84th Dahlem Workshop, Berlin, March 14-19, 1999. With list of participants, subject index, and name index. Black cloth, spine title stamped in blue. Dustjacket has a little scuffing to rear panel. The goal of this workshop was to promote bounded rationality as the key to understanding how actual people make decisions without utilities and probabilities.
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