Bounded rationality /:
This short book introduces the field of bounded rationality to a beginning readership in economics. It is intended to be a tour of the key concepts involved in the modelling of bounded rationality, the approaches that have been adopted and some of the most revealing, and at times surprising, finding...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Newcastle Helix, Newcastle upon Tyne :
Agenda Publishing,
2020.
|
| Schriftenreihe: | Economy, key ideas.
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This short book introduces the field of bounded rationality to a beginning readership in economics. It is intended to be a tour of the key concepts involved in the modelling of bounded rationality, the approaches that have been adopted and some of the most revealing, and at times surprising, findings that have been generated. The book explores how bounded rationality has been used in economic models to shed light on real life behaviour and how doing so has led to specific policy implications that would otherwise have gone unappreciated. The exposition is intended to be non-technical and free from any mathematical expressions and workings and the focus throughout is primarily on the behaviour of individuals or organisations within given situations rather than on macroeconomic concerns. How the field has evolved since the 1950s and the strengths and weaknesses of its current research programme, including its relationship with behavioural economics, are assessed. |
| Beschreibung: | 1 online resource (vii, 112 pages) : illustrations |
| Bibliographie: | Includes bibliographical references and index. |
| ISBN: | 9781788212595 1788212592 9781788213486 1788213483 |
| Zugangseinschränkungen: | Legal Deposit; |
Internformat
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| 245 | 1 | 0 | |a Bounded rationality / |c Graham Mallard. |
| 264 | 1 | |a Newcastle Helix, Newcastle upon Tyne : |b Agenda Publishing, |c 2020. | |
| 264 | 4 | |c ©2020 | |
| 300 | |a 1 online resource (vii, 112 pages) : |b illustrations | ||
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| 504 | |a Includes bibliographical references and index. | ||
| 505 | 0 | |a Acknowledgements -- 1. Different conceptions of decision-making. The schism ; Rationality: complete and bounded ; Causes of bounded rationality ; Bounded rationality and behavioural economics ; The structure of what follows -- 2. A brief history of bounded rationality. The marginal revolution ; Growing discontent in economics ; A widening interest in bounded rationality ; A deepening interest in bounded rationality -- 3. Approaches of non-optimization. Satisficing search ; Heuristic use ; Probability responding ; Applications of finite automata -- 4. Approaches of optimization with additional constraints. Constraining information ; Constraining processing ; Constraining responses -- 5. Concluding thoughts. The value of bounded rationality ; The limitations of bounded rationality ; The future of bounded rationality ; The message of bounded rationality -- Glossary -- Index. | |
| 506 | 1 | |a Legal Deposit; |c Only available on premises controlled by the deposit library and to one user at any one time; |e The Legal Deposit Libraries (Non-Print Works) Regulations (UK). |5 WlAbNL | |
| 520 | 8 | |a This short book introduces the field of bounded rationality to a beginning readership in economics. It is intended to be a tour of the key concepts involved in the modelling of bounded rationality, the approaches that have been adopted and some of the most revealing, and at times surprising, findings that have been generated. The book explores how bounded rationality has been used in economic models to shed light on real life behaviour and how doing so has led to specific policy implications that would otherwise have gone unappreciated. The exposition is intended to be non-technical and free from any mathematical expressions and workings and the focus throughout is primarily on the behaviour of individuals or organisations within given situations rather than on macroeconomic concerns. How the field has evolved since the 1950s and the strengths and weaknesses of its current research programme, including its relationship with behavioural economics, are assessed. | |
| 588 | 0 | |a Print version record; online resource viewed November 2, 2021. | |
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| 650 | 6 | |a Prise de décision. | |
| 650 | 6 | |a Économie politique |x Modèles mathématiques. | |
| 650 | 7 | |a decision making. |2 aat | |
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| 650 | 7 | |a Economics |x Mathematical models |2 fast | |
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| 830 | 0 | |a Economy, key ideas. |0 http://id.loc.gov/authorities/names/no2018001215 | |
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| author | Mallard, Graham, 1982- |
| author_GND | http://id.loc.gov/authorities/names/n2008024562 |
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| contents | Acknowledgements -- 1. Different conceptions of decision-making. The schism ; Rationality: complete and bounded ; Causes of bounded rationality ; Bounded rationality and behavioural economics ; The structure of what follows -- 2. A brief history of bounded rationality. The marginal revolution ; Growing discontent in economics ; A widening interest in bounded rationality ; A deepening interest in bounded rationality -- 3. Approaches of non-optimization. Satisficing search ; Heuristic use ; Probability responding ; Applications of finite automata -- 4. Approaches of optimization with additional constraints. Constraining information ; Constraining processing ; Constraining responses -- 5. Concluding thoughts. The value of bounded rationality ; The limitations of bounded rationality ; The future of bounded rationality ; The message of bounded rationality -- Glossary -- Index. |
| ctrlnum | (OCoLC)1162478818 |
| dewey-full | 658.403 |
| dewey-hundreds | 600 - Technology (Applied sciences) |
| dewey-ones | 658 - General management |
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| discipline | Wirtschaftswissenschaften |
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| id | ZDB-4-EBU-on1162478818 |
| illustrated | Illustrated |
| indexdate | 2024-11-26T14:49:37Z |
| institution | BVB |
| isbn | 9781788212595 1788212592 9781788213486 1788213483 |
| language | English |
| oclc_num | 1162478818 |
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| owner_facet | MAIN DE-863 DE-BY-FWS |
| physical | 1 online resource (vii, 112 pages) : illustrations |
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| publishDate | 2020 |
| publishDateSearch | 2020 |
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| publisher | Agenda Publishing, |
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| series | Economy, key ideas. |
| series2 | The economy / key ideas |
| spelling | Mallard, Graham, 1982- author. https://id.oclc.org/worldcat/entity/E39PCjyYqJkW4FMpRCp3rK4wRX http://id.loc.gov/authorities/names/n2008024562 Bounded rationality / Graham Mallard. Newcastle Helix, Newcastle upon Tyne : Agenda Publishing, 2020. ©2020 1 online resource (vii, 112 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier The economy / key ideas Includes bibliographical references and index. Acknowledgements -- 1. Different conceptions of decision-making. The schism ; Rationality: complete and bounded ; Causes of bounded rationality ; Bounded rationality and behavioural economics ; The structure of what follows -- 2. A brief history of bounded rationality. The marginal revolution ; Growing discontent in economics ; A widening interest in bounded rationality ; A deepening interest in bounded rationality -- 3. Approaches of non-optimization. Satisficing search ; Heuristic use ; Probability responding ; Applications of finite automata -- 4. Approaches of optimization with additional constraints. Constraining information ; Constraining processing ; Constraining responses -- 5. Concluding thoughts. The value of bounded rationality ; The limitations of bounded rationality ; The future of bounded rationality ; The message of bounded rationality -- Glossary -- Index. Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK). WlAbNL This short book introduces the field of bounded rationality to a beginning readership in economics. It is intended to be a tour of the key concepts involved in the modelling of bounded rationality, the approaches that have been adopted and some of the most revealing, and at times surprising, findings that have been generated. The book explores how bounded rationality has been used in economic models to shed light on real life behaviour and how doing so has led to specific policy implications that would otherwise have gone unappreciated. The exposition is intended to be non-technical and free from any mathematical expressions and workings and the focus throughout is primarily on the behaviour of individuals or organisations within given situations rather than on macroeconomic concerns. How the field has evolved since the 1950s and the strengths and weaknesses of its current research programme, including its relationship with behavioural economics, are assessed. Print version record; online resource viewed November 2, 2021. Decision making. http://id.loc.gov/authorities/subjects/sh85036199 Economics Mathematical models. http://id.loc.gov/authorities/subjects/sh85040857 Decision Making https://id.nlm.nih.gov/mesh/D003657 Prise de décision. Économie politique Modèles mathématiques. decision making. aat Decision making fast Economics Mathematical models fast Print version: Mallard, Graham, 1982- Bounded rationality. Newcastle Helix, Newcastle upon Tyne : Agenda Publishing, 2020 1788212576 (DLC) 2020445921 (OCoLC)1122741718 Economy, key ideas. http://id.loc.gov/authorities/names/no2018001215 FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=2708036 Volltext |
| spellingShingle | Mallard, Graham, 1982- Bounded rationality / Economy, key ideas. Acknowledgements -- 1. Different conceptions of decision-making. The schism ; Rationality: complete and bounded ; Causes of bounded rationality ; Bounded rationality and behavioural economics ; The structure of what follows -- 2. A brief history of bounded rationality. The marginal revolution ; Growing discontent in economics ; A widening interest in bounded rationality ; A deepening interest in bounded rationality -- 3. Approaches of non-optimization. Satisficing search ; Heuristic use ; Probability responding ; Applications of finite automata -- 4. Approaches of optimization with additional constraints. Constraining information ; Constraining processing ; Constraining responses -- 5. Concluding thoughts. The value of bounded rationality ; The limitations of bounded rationality ; The future of bounded rationality ; The message of bounded rationality -- Glossary -- Index. Decision making. http://id.loc.gov/authorities/subjects/sh85036199 Economics Mathematical models. http://id.loc.gov/authorities/subjects/sh85040857 Decision Making https://id.nlm.nih.gov/mesh/D003657 Prise de décision. Économie politique Modèles mathématiques. decision making. aat Decision making fast Economics Mathematical models fast |
| subject_GND | http://id.loc.gov/authorities/subjects/sh85036199 http://id.loc.gov/authorities/subjects/sh85040857 https://id.nlm.nih.gov/mesh/D003657 |
| title | Bounded rationality / |
| title_auth | Bounded rationality / |
| title_exact_search | Bounded rationality / |
| title_full | Bounded rationality / Graham Mallard. |
| title_fullStr | Bounded rationality / Graham Mallard. |
| title_full_unstemmed | Bounded rationality / Graham Mallard. |
| title_short | Bounded rationality / |
| title_sort | bounded rationality |
| topic | Decision making. http://id.loc.gov/authorities/subjects/sh85036199 Economics Mathematical models. http://id.loc.gov/authorities/subjects/sh85040857 Decision Making https://id.nlm.nih.gov/mesh/D003657 Prise de décision. Économie politique Modèles mathématiques. decision making. aat Decision making fast Economics Mathematical models fast |
| topic_facet | Decision making. Economics Mathematical models. Decision Making Prise de décision. Économie politique Modèles mathématiques. decision making. Decision making Economics Mathematical models |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=2708036 |
| work_keys_str_mv | AT mallardgraham boundedrationality |