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Modeling Bounded Rationality

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Location: Go to Material
Material Type: Open Textbook
Technical Format: PDF
Date Added to MERLOT: June 15, 2011
Date Modified in MERLOT: June 15, 2011
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Author:

The MIT Press
Submitter : Cathy Swift

Description:

"The notion of bounded rationality was initiated in the 1950s by Herbert Simon; only recently has it influenced mainstream economics. In this book, Ariel Rubinstein defines models of bounded rationality as those in which elements of the process of choice are explicitly embedded. The book focuses on the challenges of modeling bounded rationality, rather than on substantial economic implications."

 


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Primary Audience: College Upper Division, Graduate School
Mobile Compatibility: Not specified at this time
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Language: English
Cost Involved: no
Source Code Available: unsure
Accessiblity Information Available: unsure
Copyright: yes
Creative Commons: unsure

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