Bounded Rationality and Politics / Jonathan Bendor.
- Berkeley, CA : University of California Press, 
- Aaron Wildavsky forum for public policy ; 6.
Wildavsky Forum Series ; 6
1 online resource (248 p.)
- Social sciences -- Philosophy.
Organizational behavior -- Political aspects.
Decision making -- Political aspects.
Simon, Herbert A. (Herbert Alexander), 1916-2001.
- Electronic books.
- In Bounded Rationality and Politics, Jonathan Bendor considers two schools of behavioral economics-the first guided by Tversky and Kahneman's work on heuristics and biases, which focuses on the mistakes people make in judgment and choice; the second as described by Gerd Gigerenzer's program on fast and frugal heuristics, which emphasizes the effectiveness of simple rules of thumb. Finding each of these radically incomplete, Bendor's illuminating analysis proposes Herbert Simon's pathbreaking work on bounded rationality as a way to reconcile the inconsistencies between the two camps. Bendor shows that Simon's theory turns on the interplay between the cognitive constraints of decision makers and the complexity of their tasks.
Chapter 1. Introduction
Chapter 2. Herbert A. Simon
Chapter 3. Satisficing
Chapter 4. A Model of Muddling Through
Chapter 5. The Perfect Is the Enemy of the Best
Chapter 6. Garbage Can Theory
Chapter 7. Institutions and Individuals
- Description based upon print version of record.
Includes bibliographical references and index.
Description based on online resource; title from PDF title page (publisher's Web site, viewed 24. Apr 2020)
- Publisher Number:
- 10.1525/9780520945517 doi
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