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220916 r ||| eng |
| 020 |
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|a 1788213483
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| 020 |
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|a 9781788212595
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|a 9781788213486
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| 020 |
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|a 1788212592
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| 050 |
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4 |
|a HD30.23
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| 100 |
1 |
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|a Mallard, Graham
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| 245 |
0 |
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|a Bounded rationality
|h Elektronische Ressource
|c Graham Mallard
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| 260 |
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|a Newcastle Helix, Newcastle upon Tyne
|b Agenda Publishing
|c 2020, 2020©2020
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| 300 |
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|a vii, 112 pages
|b illustrations
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| 505 |
0 |
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|a Includes bibliographical references and index
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| 505 |
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|a Acknowledgements -- 1. Different conceptions of decision-making. The schism ; Rationality: complete and bounded ; Causes of bounded rationality ; Bounded rationality and behavioural economics ; The structure of what follows -- 2. A brief history of bounded rationality. The marginal revolution ; Growing discontent in economics ; A widening interest in bounded rationality ; A deepening interest in bounded rationality -- 3. Approaches of non-optimization. Satisficing search ; Heuristic use ; Probability responding ; Applications of finite automata -- 4. Approaches of optimization with additional constraints. Constraining information ; Constraining processing ; Constraining responses -- 5. Concluding thoughts. The value of bounded rationality ; The limitations of bounded rationality ; The future of bounded rationality ; The message of bounded rationality -- Glossary -- Index
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| 653 |
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|a Decision making
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| 653 |
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|a Economics / Mathematical models
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b JSTOR
|a JSTOR Books
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| 490 |
0 |
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|a The economy / key ideas
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| 015 |
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|a GBC275181
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| 015 |
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|a GBC230172
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| 776 |
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|z 1788212576
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| 776 |
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|z 9781788212571
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| 776 |
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|z 1788212584
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| 776 |
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|z 9781788212588
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| 856 |
4 |
0 |
|u https://www.jstor.org/stable/10.2307/j.ctv13840d1
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 658.403
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| 520 |
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|a This short book introduces the field of bounded rationality to a beginning readership in economics. It is intended to be a tour of the key concepts involved in the modelling of bounded rationality, the approaches that have been adopted and some of the most revealing, and at times surprising, findings that have been generated. The book explores how bounded rationality has been used in economic models to shed light on real life behaviour and how doing so has led to specific policy implications that would otherwise have gone unappreciated. The exposition is intended to be non-technical and free from any mathematical expressions and workings and the focus throughout is primarily on the behaviour of individuals or organisations within given situations rather than on macroeconomic concerns. How the field has evolved since the 1950s and the strengths and weaknesses of its current research programme, including its relationship with behavioural economics, are assessed
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