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Bounded Rationality and Politics /

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 progr...

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Bibliographic Details
Main Author: Bendor, Jonathan B.
Format: Electronic eBook
Language:Inglés
Published: Berkeley : University of California Press, 2010.
Series:Book collections on Project MUSE.
Subjects:
Online Access:Texto completo
Description
Summary: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 sho.
Physical Description:1 online resource (248 pages): illustrations
ISBN:9780520945517