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.

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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.

The Sciences of the Artificial notableConcept Models of Bounded Rationality
this entity surface form: bounded rationality
Ariel Rubinstein notableWork Models of Bounded Rationality
this entity surface form: Modeling Bounded Rationality
Herbert Simon notableWork Models of Bounded Rationality
subject surface form: Herbert A. Simon