Why Bounded Rationality

By Shinji Teraji. 2018

417 citations recorded by the source corpus.

Subfields: General Decision Sciences, History and Philosophy of Science, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/8a7f5aff8529c2b192890df324d801833c7ee6c6

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In General Decision Sciences

1. Gerd Gigerenzer
2. Ralph Hertwig
3. Arch G. Woodside
4. A. Glöckner
5. T. Betsch
6. Robin M. Hogarth
7. Jonathan Evans
8. Daniel G. Goldstein

In History and Philosophy of Science

1. Gerd Gigerenzer
2. Robin M. Hogarth
3. Peter M. Todd
4. Matthew T. Hora
5. Adair Morse
6. Marianne Bertrand

In Management Science and Operations Research

1. E. Milner‐Gulland
2. D. Squires
3. Gerd Gigerenzer
4. Ralph Hertwig
5. Robin M. Hogarth
6. Markus Raab
7. Stefan M. Herzog
8. T. Betsch

Citations in the corpus

• The Bias Bias in Behavioral Economics (2018, background): “According to Conlisk (1996), people display intransitivity; misunderstand statistical independence; mistake random data for patterned data and vice versa; fail to appreciate law of large number effects; fail to recognize statistical dominance; make errors in updating probabilities on the basis of…”
• The neglected complexities of shark fisheries, and priorities for holistic risk-based management (2019, background): “This is because economic models 471 of how people make decisions are unrealistic – “Individuals may have bounded rationality, limited by 472 cognitive resources, and employ a variety of heuristic procedures to achieve outcomes that are ‘good 473 enough’ rather than truly optimal” (Conlisk 1996).”