Routledge Handbook of Bounded Rationality

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ABC Research Group
Adaptive Toolbox
advanced rationality research
Bayesian Rationality
behavioural phenomena
Belief Bias
Bounded Rationality
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Choice Overload
Choice Sets
cognitive science
Cumulative Prospect Theory
De Neys
decision making
decision theory
distributed cognition
dual process models
Dual Process Theories
Eastern Time
Ecological Rationality
economics
Epistemic Rationality
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Error Tendencies
evolutionary psychology
Exchange Traded Funds
frugal heuristics
Herbert Simon
Larger Choice Sets
Libertarian Paternalism
Logical Omniscience
Motivated Inference
neurophilosophy
Priority Heuristic
procedural economics
psychology
risk
Small Choice Sets
Social Decision Strategies
Thog Problem
UK MoD
uncertainty
Vice Versa

Product details

  • ISBN 9780367563943
  • Weight: 1220g
  • Dimensions: 174 x 246mm
  • Publication Date: 01 Aug 2022
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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Herbert Simon’s renowned theory of bounded rationality is principally interested in cognitive constraints and environmental factors and influences which prevent people from thinking or behaving according to formal rationality. Simon’s theory has been expanded in numerous directions and taken up by various disciplines with an interest in how humans think and behave. This includes philosophy, psychology, neurocognitive sciences, economics, political science, sociology, management, and organization studies.

The Routledge Handbook of Bounded Rationality draws together an international team of leading experts to survey the recent literature and the latest developments in these related fields. The chapters feature entries on key behavioural phenomena, including reasoning, judgement, decision making, uncertainty, risk, heuristics and biases, and fast and frugal heuristics. The text also examines current ideas such as fast and slow thinking, nudge, ecological rationality, evolutionary psychology, embodied cognition, and neurophilosophy. Overall, the volume serves to provide the most complete state-of-the-art collection on bounded rationality available.

This book is essential reading for students and scholars of economics, psychology, neurocognitive sciences, political sciences, and philosophy.

Riccardo Viale is Full Professor of Cognitive Economics and Behavioural Sciences in the Department of Economics at the University of Milano-Bicocca, Italy. He is also the founder and General Secretary of the Herbert Simon Society.