E-Book, Englisch, Band 6, 248 Seiten
Reihe: Wildavsky Forum Series
Bendor Bounded Rationality and Politics
1. Auflage 2010
ISBN: 978-0-520-94551-7
Verlag: Church Publishing Incorporated
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
E-Book, Englisch, Band 6, 248 Seiten
Reihe: Wildavsky Forum Series
ISBN: 978-0-520-94551-7
Verlag: Church Publishing Incorporated
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
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.