Bounded rationality in social science: Today and tomorrow [Book Review]

Mind and Society 1 (1):25-39 (2000)
With the discovery of voluminous discordant empirical evidence, maximizing expected utility is rapidly disappearing as the core of the theory of human rationality, and a theory of bounded rationality, embracing both the processes and products of choice, is replacing it. There remains a large task of organizing our picture of economic and social processes and adding the new facts needed to shape the theory in an empirically sound way. It is also urgent that new tools now available for conducting empirical inquiry and constructing models be incorporated in social science graduate education
Keywords rationality  economic  rationality  psychological  rationality  bounded  rationality under uncertainty  utility theory  decision theory  scientific discovery  game theory
Categories (categorize this paper)
DOI 10.1007/BF02512227
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history Request removal from index
Download options
PhilPapers Archive

Upload a copy of this paper     Check publisher's policy on self-archival     Papers currently archived: 15,831
External links
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library
References found in this work BETA
Plato (1894). The Republic. Courier Dover Publications.

Add more references

Citations of this work BETA
Till Grüne-Yanoff (2007). Bounded Rationality. Philosophy Compass 2 (3):534–563.

Add more citations

Similar books and articles

Monthly downloads

Added to index


Total downloads

41 ( #80,558 of 1,724,888 )

Recent downloads (6 months)

6 ( #110,372 of 1,724,888 )

How can I increase my downloads?

My notes
Sign in to use this feature

Start a new thread
There  are no threads in this forum
Nothing in this forum yet.