Beyond “pardonable errors by subjects and unpardonable ones by psychologists”
Behavioral and Brain Sciences 23 (5):699-700 (2000)
| Abstract | Violations and biases relative to normative principles of rationality tend to occur when the structure of task environments is novel or the decision goals are in conflict. The two blades of bounded rationality, the structure of task environments and the computational capacities of the actor, can sharpen the conceptual distinctions between the sources of the normative and descriptive gap. | |||||||||
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