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Routledge Handbook of Bounded Rationality

Edited by: Riccardo Viale

Print publication date:  October  2020
Online publication date:  October  2020

Print ISBN: 9781138999381
eBook ISBN: 9781315658353
Adobe ISBN:

10.4324/9781315658353
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Book description

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

Prelims Download PDF
Chapter  1:  Why bounded rationality? Download PDF
Chapter  2:  What is bounded rationality? Download PDF
Chapter  3:  Philosophical naturalism and bounded rationality Download PDF
Chapter  4:  Bounded rationality Download PDF
Chapter  5:  Seeking rationality Download PDF
Chapter  6:  Bounded rationality, distributed cognition, and the computational modeling of complex systems Download PDF
Chapter  7:  Bounded rationality and problem solving Download PDF
Chapter  8:  Simon’s legacies for mathematics educators Download PDF
Chapter  9:  Bounded knowledge Download PDF
Chapter  10:  Bounded rationality, reasoning and dual processing Download PDF
Chapter  11:  Why humans are cognitive misers and what it means for the Great Rationality Debate Download PDF
Chapter  12:  Bounded rationality and dual systems Download PDF
Chapter  13:  Models and rational deductions Download PDF
Chapter  14:  Patterns of defeasible inference in causal diagnostic judgment Download PDF
Chapter  15:  Attribute-based choice Download PDF
Chapter  16:  Bounded reason in a social world Download PDF
Chapter  17:  Rationality without optimality Download PDF
Chapter  18:  The winds of change Download PDF
Chapter  19:  Ecological rationality Download PDF
Chapter  20:  Mapping heuristics and prospect theory Download PDF
Chapter  21:  Bounded rationality for artificial intelligence Download PDF
Chapter  22:  Psychopathological irrationality and bounded rationality Download PDF
Chapter  23:  Embodied bounded rationality Download PDF
Chapter  24:  Extending the bounded rationality framework Download PDF
Chapter  25:  How rationality is bounded by the brain Download PDF
Chapter  26:  Building a new rationality from the new cognitive neuroscience Download PDF
Chapter  27:  Modeling Bounded Rationality in Economic Theory Download PDF
Chapter  28:  Bounded rationality, satisficing and the evolution of economic thought Download PDF
Chapter  29:  Beyond economists’ armchairs Download PDF
Chapter  30:  Bounded rationality and expectations in economics Download PDF
Chapter  31:  Less is more for Bayesians, too Download PDF
Chapter  32:  Bounded rationality as the cognitive basis for evolutionary economics Download PDF
Chapter  33:  Beyond “bounded rationality” Download PDF
Chapter  34:  Bounded rationality and organizational decision making Download PDF
Chapter  35:  Attention and organizations Download PDF
Chapter  36:  The bounded rationality of groups and teams Download PDF
Chapter  37:  Cognitive biases and debiasing in intelligence analysis Download PDF
Chapter  38:  “Better off, as judged by themselves” Download PDF
Chapter  39:  An alternative behavioural public policy Download PDF
Chapter  40:  Against nudging Download PDF
Chapter  41:  Bounded rationality in political science Download PDF
Chapter  42:  Layering, expanding, and visualizing Download PDF
Chapter  43:  Cognitive and affective consequences of information and choice overload Download PDF
Chapter  44:  How much choice is “good enough”? Download PDF
Index Download PDF
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