Models of bounded rationality. Volume 3 /

Offering alternative models based on such concepts as satisficing (acceptance of viable choices that may not be the undiscoverable optimum) and bounded rationality (the limited extent to which rational calculation can direct human behavior), Simon shows concretely why more empirical research based o...

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Bibliographic Details

Main Author:	Simon, Herbert A. (Herbert Alexander), 1916-2001 (Author)
Corporate Author:	MITCogNet
Format:	eBook
Language:	English
Published:	Cambridge, Massachusetts : The MIT Press, [1982]
Subjects:	Decision making. Economics > Psychological aspects. Economics. Industrial organization. Social choice. ECONOMICS/Microeconomics Electronic books.
Online Access:	Connect to the full text of this electronic book