A01=Jonathan Bendor
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Author_Jonathan Bendor
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behavioral economics
bounded rationality
Category1=Non-Fiction
Category=GPQ
Category=JMAL
Category=JPA
Category=KCK
cognitive constraints
combined school of thought
complex decisions
COP=United States
criticism
decision makers
decision making
Delivery_Delivery within 10-20 working days
economic theory
economics
engaging
eq_bestseller
eq_business-finance-law
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eq_nobargain
eq_non-fiction
eq_society-politics
essays
existing scholarship
fast and frugal
gigerenzer
heuristics and biases
human behavior
human condition
judgment and choice
Language_English
mistakes of judgment
nonfiction studies
PA=Available
political
politics
Price_€20 to €50
PS=Active
rules of thumb
softlaunch
textbooks
theoretical
tversky and kahneman
Product details
- ISBN 9780520259478
- Weight: 363g
- Dimensions: 152 x 229mm
- Publication Date: 02 Jun 2010
- Publisher: University of California Press
- Publication City/Country: US
- Product Form: Paperback
- Language: English
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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.
Jonathan Bendor is Walter and Elise Haas Professor of Political Economics at the Graduate School of Business, Stanford University.
