Transcription of Bounded Rationality - Die Off
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Bounded Rationality - Die Off
February 2001 ISBN 0-262-07214-9 377 pp. (CLOTH) Out Of Print Other Editions Paper (2002) Series Dahlem Workshop Reports Related Links Dahlem Workshop Homepage Contributor List < BACK Bounded Rationality The Adaptive Toolbox Edited by Gerd Gigerenzer and Reinhard Selten List of Participants 1 Rethinking Rationality 2 What is Bounded Rationality ? 3 The Adaptive Toolbox 4 Fast and Frugal Heuristics for Environmentally Bounded Minds 5 Evolutionary Adaptation and the Economic Concept of Bounded Rationality -- A Dialogue 6 Group Report: Is there Evidence for an Adaptive Toolbox? 7 The Fiction of Optimization 8 Preferential Choice and Adaptive Strategy Use 9 Comparing Fast and Frugal Heuristics and Optimal Models 10 Group Report: Why and When Do Simple Heuristics Work?
Rethinking Rationality 3 utility) and that this utility depends on the amount of money a person already has (Bernoulli 1738/1954). The St. Petersburg paradox was the first in a series of monetary gam
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