Please note: In order to keep Hive up to date and provide users with the best features, we are no longer able to fully support Internet Explorer. The site is still available to you, however some sections of the site may appear broken. We would encourage you to move to a more modern browser like Firefox, Edge or Chrome in order to experience the site fully.

Bounded Rationality and Politics, Paperback / softback Book

Bounded Rationality and Politics Paperback / softback

Part of the Wildavsky Forum Series series

Paperback / softback

Description

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.

Information

Other Formats

Save 9%

£30.00

£27.19

 
Free Home Delivery

on all orders

 
Pick up orders

from local bookshops

Information

Also in the Wildavsky Forum Series series  |  View all