Modeling Bounded Rationality
The notion of bounded rationality was initiated in the 1950s by Herbert
Simon; only recently has it influenced mainstream economics. In this
book, Ariel Rubinstein defines models of bounded rationality as those in
which elements of the process of choice are explicitly embedded. The
book focuses on the challenges of modeling bounded rationality, rather
than on substantial economic implications
Post a Comment
Hello
Terms of Service:
1 / not to publish text links
2 / not attacking anyone with bad words