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Decision Making Under Pressure and Constraints: Bounded Rationality

1 citations0/0 files storedWiley Encyclopedia of Operations Research and Management Science

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Decision-Making and Behavioral Economics Complex Systems and Decision Making Leadership, Behavior, and Decision-Making Studies

Abstract

Abstract The origins of bounded rationality in the pioneering research of Herbert A. Simon are presented, and the influence of these original ideas are traced forward to examine how they have influenced a wide variety of contemporary lines of psychological research on both, the capabilities and mechanisms of human judgment and decision making.

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References

1979Prospect Theory: An Analysis of Decision under Risk 1988Prospect theory: An analysis of decision under risk 1974Judgment under Uncertainty: Heuristics and Biases 1975Judgment under Uncertainty: Heuristics and Biases 1959Models of Man.1956Perception and the Representative Design of Psychological Experiments 1979The robust beauty of improper linear models in decision making.1990Invariants Of Human Behavior

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