Description

Book Synopsis
Considers two schools of behavioral economics - the first guided by Tversky and Kahneman's work on heuristics and biases, and the second as described by Gerd Gigerenzer's program on fast and frugal heuristics. This title proposes Herbert Simon's work on bounded rationality as a way to reconcile the inconsistencies between the two camps.

Bounded Rationality and Politics

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    A Paperback by Jonathan Bendor

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      Publisher: University of California Press
      Publication Date: 15/06/2010
      ISBN13: 9780520259478, 978-0520259478
      ISBN10:

      Description

      Book Synopsis
      Considers two schools of behavioral economics - the first guided by Tversky and Kahneman's work on heuristics and biases, and the second as described by Gerd Gigerenzer's program on fast and frugal heuristics. This title proposes Herbert Simon's work on bounded rationality as a way to reconcile the inconsistencies between the two camps.

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