1.

Record Nr.

UNINA9910784956603321

Autore

Bendor Jonathan

Titolo

Bounded rationality and politics [[electronic resource] /] / by Jonathan Bendor ... [et al.]

Pubbl/distr/stampa

Berkeley, : University of California Press, c2010

ISBN

1-282-77274-0

9786612772740

0-520-94551-4

Descrizione fisica

1 online resource (248 p.)

Collana

The Aaron Wildavsky forum for public policy ; ; 6

Altri autori (Persone)

BendorJonathan B

Disciplina

320.01/9

Soggetti

Decision making - Political aspects

Organizational behavior - Political aspects

Social sciences - Philosophy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Frontmatter -- Contents -- Figures -- Preface -- 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 -- Notes -- References -- Index

Sommario/riassunto

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.