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Bounded Rationality and Politics
Jonathan Bendor
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Description for Bounded Rationality and Politics
Paperback. 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. Series: Wildavsky Forum Series. Num Pages: 248 pages, 15 line illustrations. BIC Classification: GPQ; JMAL; JPA; KCK. Category: (P) Professional & Vocational. Dimension: 229 x 134 x 16. Weight in Grams: 346.
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 ... Read more
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 ... Read more
Product Details
Format
Paperback
Publication date
2010
Publisher
University of California Press
Number of pages
248
Condition
New
Series
Wildavsky Forum Series
Number of Pages
248
Place of Publication
Berkerley, United States
ISBN
9780520259478
SKU
V9780520259478
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Jonathan Bendor
Jonathan Bendor is Walter and Elise Haas Professor of Political Economics at the Graduate School of Business, Stanford University.
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