Models of Bounded Rationality
E54410
Models of Bounded Rationality is a collection of Herbert A. Simon’s influential works that develop the concept of bounded rationality, explaining how real-world decision-making is constrained by limited information, cognitive capacity, and time.
Observed surface forms (2)
| Surface form | Occurrences |
|---|---|
| Modeling Bounded Rationality | 1 |
| bounded rationality | 1 |
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
book
ⓘ
essay collection ⓘ |
| author |
Herbert Simon
ⓘ
surface form:
Herbert A. Simon
|
| contrastsWith |
perfect rationality
ⓘ
unbounded rationality ⓘ |
| describes |
decision-making under limited information
ⓘ
decision-making under time pressure ⓘ decision-making with bounded computational capacity ⓘ |
| emphasizes |
adaptation to environment in decision-making
ⓘ
procedural aspects of rationality ⓘ use of heuristics under constraints ⓘ |
| field |
behavioral economics
ⓘ
cognitive science ⓘ decision sciences ⓘ economics ⓘ management science ⓘ organizational theory ⓘ psychology ⓘ |
| focusesOn |
limitations of human cognition
ⓘ
organizational constraints on decisions ⓘ real-world decision processes ⓘ search processes in decision-making ⓘ |
| hasPart |
Volume 1
ⓘ
Volume 2 ⓘ |
| influenced |
artificial intelligence research
ⓘ
behavioral economics literature ⓘ cognitive science models of decision-making ⓘ economic theory of the firm ⓘ organizational decision-making research ⓘ |
| influencedBy |
administrative behavior research
ⓘ
cognitive psychology ⓘ |
| language | English ⓘ |
| mainSubject |
administrative behavior
ⓘ
behavioral economics ⓘ bounded rationality ⓘ cognitive limitations ⓘ decision theory ⓘ decision-making ⓘ economic decision-making ⓘ economic psychology ⓘ heuristics ⓘ information constraints ⓘ limited rationality ⓘ organizational decision-making ⓘ procedural rationality ⓘ satisficing ⓘ time constraints ⓘ |
| proposesConcept | satisficing ⓘ |
| theoreticalFramework | bounded rationality ⓘ |
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
bounded rationality
this entity surface form:
Modeling Bounded Rationality
subject surface form:
Herbert A. Simon