Bounded rationality :: the adaptive toolbox /
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...
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| Weitere Verfasser: | , |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass. ; London :
MIT Press,
©2001.
©2001 |
| Schlagworte: | |
| Online-Zugang: | Volltext Volltext |
| Zusammenfassung: | 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. |
| Beschreibung: | Report of the 84th Dahlem Workshop ... held in Berlin, March 14-19, 1999. |
| Beschreibung: | 1 online resource (xv, 377 pages) : illustrations |
| Bibliographie: | Includes bibliographical references and indexes. |
| ISBN: | 0585388288 9780585388281 0262072149 9780262072144 9780262273817 0262273810 0585477574 9780585477572 0262571641 9780262571647 |
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| 504 | |a Includes bibliographical references and indexes. | ||
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| 505 | 0 | |a Rethinking rationality / Gerd Gigerenzer and Reinhard Selten -- What is bounded rationality? / Reinhard Selten -- The adaptive toolbox / Gerd Gigerenzer -- Fast and frugal heuristics for environmentally bounded minds / Peter M. Todd -- Evolutionary adaptation and the economic concept of bounded rationality--a dialogue / Peter Hammerstein -- Group report : Is there evidence for an adaptive toolbox? / Abdolkarim Sadrieh [and others] -- The fiction of optimization / Gary Klein -- Preferential choice and adaptive strategy use / John W. Payne and James R. Bettman -- Comparing fast and frugal heuristics and optimal models / Laura Martignon -- Group report : Why and when do simple heuristics work? / Daniel G. Goldstein [and others] -- Emotions and cost-benefit assessment : the role of shame and self-esteem in risk taking / Daniel M.T. Fessler -- Simple reinforcement learning models and reciprocation in the prisoner's dilemma game / Ido Erev and Alvin E. Roth -- Imitation, social learning, and preparedness as mechanisms of bounded rationality / Kevin N. Laland -- Decision making in superorganisms : how collective wisdom arises from the poorly informed masses / Thomas D. Seeley --Group report : Effects of emotions and social processes on bounded rationality / Barbara A. Mellers [and others] -- Norms and bounded rationality / Robert Boyd and Peter J. Richerson -- Prominence theory as a tool to model boundedly rational decisions / Wulf Albers -- Goodwill accounting and the process of exchange / Kevin A. McCabe and Vernon L. Smith -- Group report : What is the role of culture in bounded rationality? / Joseph Henrich [and others]. | |
| 546 | |a English. | ||
| 520 | |a 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. | ||
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| contents | Rethinking rationality / Gerd Gigerenzer and Reinhard Selten -- What is bounded rationality? / Reinhard Selten -- The adaptive toolbox / Gerd Gigerenzer -- Fast and frugal heuristics for environmentally bounded minds / Peter M. Todd -- Evolutionary adaptation and the economic concept of bounded rationality--a dialogue / Peter Hammerstein -- Group report : Is there evidence for an adaptive toolbox? / Abdolkarim Sadrieh [and others] -- The fiction of optimization / Gary Klein -- Preferential choice and adaptive strategy use / John W. Payne and James R. Bettman -- Comparing fast and frugal heuristics and optimal models / Laura Martignon -- Group report : Why and when do simple heuristics work? / Daniel G. Goldstein [and others] -- Emotions and cost-benefit assessment : the role of shame and self-esteem in risk taking / Daniel M.T. Fessler -- Simple reinforcement learning models and reciprocation in the prisoner's dilemma game / Ido Erev and Alvin E. Roth -- Imitation, social learning, and preparedness as mechanisms of bounded rationality / Kevin N. Laland -- Decision making in superorganisms : how collective wisdom arises from the poorly informed masses / Thomas D. Seeley --Group report : Effects of emotions and social processes on bounded rationality / Barbara A. Mellers [and others] -- Norms and bounded rationality / Robert Boyd and Peter J. Richerson -- Prominence theory as a tool to model boundedly rational decisions / Wulf Albers -- Goodwill accounting and the process of exchange / Kevin A. McCabe and Vernon L. Smith -- Group report : What is the role of culture in bounded rationality? / Joseph Henrich [and others]. |
| ctrlnum | (OCoLC)49569412 |
| dewey-full | 153.4/3 |
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| dewey-ones | 153 - Conscious mental processes & intelligence |
| dewey-raw | 153.4/3 |
| dewey-search | 153.4/3 |
| dewey-sort | 3153.4 13 |
| dewey-tens | 150 - Psychology |
| discipline | Psychologie |
| format | Electronic eBook |
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| indexdate | 2024-11-27T13:15:16Z |
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| spelling | Bounded rationality : the adaptive toolbox / edited by G. Gigerenzer and R. Selten. Cambridge, Mass. ; London : MIT Press, ©2001. ©2001 1 online resource (xv, 377 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier text file rdaft Report of the 84th Dahlem Workshop ... held in Berlin, March 14-19, 1999. Includes bibliographical references and indexes. Print version record. Rethinking rationality / Gerd Gigerenzer and Reinhard Selten -- What is bounded rationality? / Reinhard Selten -- The adaptive toolbox / Gerd Gigerenzer -- Fast and frugal heuristics for environmentally bounded minds / Peter M. Todd -- Evolutionary adaptation and the economic concept of bounded rationality--a dialogue / Peter Hammerstein -- Group report : Is there evidence for an adaptive toolbox? / Abdolkarim Sadrieh [and others] -- The fiction of optimization / Gary Klein -- Preferential choice and adaptive strategy use / John W. Payne and James R. Bettman -- Comparing fast and frugal heuristics and optimal models / Laura Martignon -- Group report : Why and when do simple heuristics work? / Daniel G. Goldstein [and others] -- Emotions and cost-benefit assessment : the role of shame and self-esteem in risk taking / Daniel M.T. Fessler -- Simple reinforcement learning models and reciprocation in the prisoner's dilemma game / Ido Erev and Alvin E. Roth -- Imitation, social learning, and preparedness as mechanisms of bounded rationality / Kevin N. Laland -- Decision making in superorganisms : how collective wisdom arises from the poorly informed masses / Thomas D. Seeley --Group report : Effects of emotions and social processes on bounded rationality / Barbara A. Mellers [and others] -- Norms and bounded rationality / Robert Boyd and Peter J. Richerson -- Prominence theory as a tool to model boundedly rational decisions / Wulf Albers -- Goodwill accounting and the process of exchange / Kevin A. McCabe and Vernon L. Smith -- Group report : What is the role of culture in bounded rationality? / Joseph Henrich [and others]. English. 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. Decision making Congresses. Reasoning Congresses. Decision making. http://id.loc.gov/authorities/subjects/sh85036199 Rationalization (Psychology) http://id.loc.gov/authorities/subjects/sh85111522 Decision Making Aspirations, Psychological Rationalization Models, Psychological Prise de décision Congrès. Prise de décision. Rationalisation (Psychologie) Psychologie Méthodes de simulation. decision making. aat SCIENCE Cognitive Science. bisacsh PSYCHOLOGY Cognitive Psychology. bisacsh Rationalization (Psychology) fast Decision making fast Reasoning fast Besluitvorming. gtt (NL-LeOCL)078450314 Redeneren. gtt (NL-LeOCL)078646421 Rationaliteit. gtt (NL-LeOCL)078643635 Aanpassing. gtt (NL-LeOCL)078422736 COGNITIVE SCIENCES/Psychology/Cognitive Psychology COGNITIVE SCIENCES/General Congress proceedings (reports) aat Conference papers and proceedings fast Congressen (vorm) gtt (NL-LeOCL)088142469 Conference papers and proceedings. lcgft http://id.loc.gov/authorities/genreForms/gf2014026068 Actes de congrès. rvmgf Gigerenzer, Gerd. Selten, Reinhard. http://id.loc.gov/authorities/names/n50007278 Print version: Bounded rationality. Cambridge, Mass. ; London : MIT Press, ©2001 0262072149 (DLC) 00064589 (OCoLC)44927113 FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=78072 Volltext FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=61102 Volltext |
| spellingShingle | Bounded rationality : the adaptive toolbox / Rethinking rationality / Gerd Gigerenzer and Reinhard Selten -- What is bounded rationality? / Reinhard Selten -- The adaptive toolbox / Gerd Gigerenzer -- Fast and frugal heuristics for environmentally bounded minds / Peter M. Todd -- Evolutionary adaptation and the economic concept of bounded rationality--a dialogue / Peter Hammerstein -- Group report : Is there evidence for an adaptive toolbox? / Abdolkarim Sadrieh [and others] -- The fiction of optimization / Gary Klein -- Preferential choice and adaptive strategy use / John W. Payne and James R. Bettman -- Comparing fast and frugal heuristics and optimal models / Laura Martignon -- Group report : Why and when do simple heuristics work? / Daniel G. Goldstein [and others] -- Emotions and cost-benefit assessment : the role of shame and self-esteem in risk taking / Daniel M.T. Fessler -- Simple reinforcement learning models and reciprocation in the prisoner's dilemma game / Ido Erev and Alvin E. Roth -- Imitation, social learning, and preparedness as mechanisms of bounded rationality / Kevin N. Laland -- Decision making in superorganisms : how collective wisdom arises from the poorly informed masses / Thomas D. Seeley --Group report : Effects of emotions and social processes on bounded rationality / Barbara A. Mellers [and others] -- Norms and bounded rationality / Robert Boyd and Peter J. Richerson -- Prominence theory as a tool to model boundedly rational decisions / Wulf Albers -- Goodwill accounting and the process of exchange / Kevin A. McCabe and Vernon L. Smith -- Group report : What is the role of culture in bounded rationality? / Joseph Henrich [and others]. Decision making Congresses. Reasoning Congresses. Decision making. http://id.loc.gov/authorities/subjects/sh85036199 Rationalization (Psychology) http://id.loc.gov/authorities/subjects/sh85111522 Decision Making Aspirations, Psychological Rationalization Models, Psychological Prise de décision Congrès. Prise de décision. Rationalisation (Psychologie) Psychologie Méthodes de simulation. decision making. aat SCIENCE Cognitive Science. bisacsh PSYCHOLOGY Cognitive Psychology. bisacsh Rationalization (Psychology) fast Decision making fast Reasoning fast Besluitvorming. gtt (NL-LeOCL)078450314 Redeneren. gtt (NL-LeOCL)078646421 Rationaliteit. gtt (NL-LeOCL)078643635 Aanpassing. gtt (NL-LeOCL)078422736 |
| subject_GND | http://id.loc.gov/authorities/subjects/sh85036199 http://id.loc.gov/authorities/subjects/sh85111522 (NL-LeOCL)078450314 (NL-LeOCL)078646421 (NL-LeOCL)078643635 (NL-LeOCL)078422736 (NL-LeOCL)088142469 http://id.loc.gov/authorities/genreForms/gf2014026068 |
| title | Bounded rationality : the adaptive toolbox / |
| title_auth | Bounded rationality : the adaptive toolbox / |
| title_exact_search | Bounded rationality : the adaptive toolbox / |
| title_full | Bounded rationality : the adaptive toolbox / edited by G. Gigerenzer and R. Selten. |
| title_fullStr | Bounded rationality : the adaptive toolbox / edited by G. Gigerenzer and R. Selten. |
| title_full_unstemmed | Bounded rationality : the adaptive toolbox / edited by G. Gigerenzer and R. Selten. |
| title_short | Bounded rationality : |
| title_sort | bounded rationality the adaptive toolbox |
| title_sub | the adaptive toolbox / |
| topic | Decision making Congresses. Reasoning Congresses. Decision making. http://id.loc.gov/authorities/subjects/sh85036199 Rationalization (Psychology) http://id.loc.gov/authorities/subjects/sh85111522 Decision Making Aspirations, Psychological Rationalization Models, Psychological Prise de décision Congrès. Prise de décision. Rationalisation (Psychologie) Psychologie Méthodes de simulation. decision making. aat SCIENCE Cognitive Science. bisacsh PSYCHOLOGY Cognitive Psychology. bisacsh Rationalization (Psychology) fast Decision making fast Reasoning fast Besluitvorming. gtt (NL-LeOCL)078450314 Redeneren. gtt (NL-LeOCL)078646421 Rationaliteit. gtt (NL-LeOCL)078643635 Aanpassing. gtt (NL-LeOCL)078422736 |
| topic_facet | Decision making Congresses. Reasoning Congresses. Decision making. Rationalization (Psychology) Decision Making Aspirations, Psychological Rationalization Models, Psychological Prise de décision Congrès. Prise de décision. Rationalisation (Psychologie) Psychologie Méthodes de simulation. decision making. SCIENCE Cognitive Science. PSYCHOLOGY Cognitive Psychology. Decision making Reasoning Besluitvorming. Redeneren. Rationaliteit. Aanpassing. Congress proceedings (reports) Conference papers and proceedings Congressen (vorm) Conference papers and proceedings. Actes de congrès. |
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