In this Book
- Bounded Rationality and Politics
- Book
- 2010
- Published by: University of California Press
- Series: Wildavsky Forum Series
summary
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.
Table of Contents
Download Full Book
- List of Figures
- pp. ix-12
- 1. Introduction
- pp. 1-10
- 4. A Model of Muddling Through
- pp. 61-92
- 6. Garbage Can Theory
- pp. 119-162
- 7. Institutions and Individuals
- pp. 163-182
- References
- pp. 207-224
- Production Notes
- pp. 231-249
Additional Information
ISBN
9780520945517
Related ISBN(s)
9780520259461
MARC Record
OCLC
643326996
Pages
248
Launched on MUSE
2014-01-01
Language
English
Open Access
No