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Bounded Rationality and Politics (Hardcover, New) Loot Price: R2,495
Discovery Miles 24 950
Bounded Rationality and Politics (Hardcover, New): Jonathan Bendor

Bounded Rationality and Politics (Hardcover, New)

Jonathan Bendor

Series: Wildavsky Forum Series, 6

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Loot Price R2,495 Discovery Miles 24 950 | Repayment Terms: R234 pm x 12*

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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.

General

Imprint: University of California Press
Country of origin: United States
Series: Wildavsky Forum Series, 6
Release date: June 2010
First published: 2010
Authors: Jonathan Bendor
Dimensions: 229 x 152 x 18mm (L x W x T)
Format: Hardcover - Cloth over boards
Pages: 248
Edition: New
ISBN-13: 978-0-520-25946-1
Categories: Books > Social sciences > Politics & government > Political science & theory
Books > Business & Economics > Economics > General
Books > Reference & Interdisciplinary > Communication studies > Decision theory > General
Books > Social sciences > Psychology > Philosophy & theory of psychology > Behavioural theory (Behaviourism)
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LSN: 0-520-25946-7
Barcode: 9780520259461

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