ABSTRACT
Herbert Simon’s renowned theory of bounded rationality is principally interested in cognitive constraints and environmental factors and influences which prevent people from thinking or behaving according to formal rationality. Simon’s theory has been expanded in numerous directions and taken up by various disciplines with an interest in how humans think and behave. This includes philosophy, psychology, neurocognitive sciences, economics, political science, sociology, management, and organization studies.
The Routledge Handbook of Bounded Rationality draws together an international team of leading experts to survey the recent literature and the latest developments in these related fields. The chapters feature entries on key behavioural phenomena, including reasoning, judgement, decision making, uncertainty, risk, heuristics and biases, and fast and frugal heuristics. The text also examines current ideas such as fast and slow thinking, nudge, ecological rationality, evolutionary psychology, embodied cognition, and neurophilosophy. Overall, the volume serves to provide the most complete state-of-the-art collection on bounded rationality available.
This book is essential reading for students and scholars of economics, psychology, neurocognitive sciences, political sciences, and philosophy.
TABLE OF CONTENTS
part I|112 pages
Naturalizing bounded rationality
part II|71 pages
Cognitive misery and mental dualism
part III|119 pages
Occam's razor
chapter 17|12 pages
Rationality without optimality
chapter 22|25 pages
Psychopathological irrationality and bounded rationality
part IV|45 pages
Embodied bounded rationality
part V|85 pages
Homo Oeconomicus Bundatus
chapter 28|11 pages
Bounded rationality, satisficing and the evolution of economic thought
part VI|54 pages
Cognitive organization
part VII|89 pages
Behavioral public policies