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Bounded Rationality

- Heuristics, Judgment, and Public Policy
Af: Sanjit Dhami, Cass R. Sunstein Engelsk Paperback

Bounded Rationality

- Heuristics, Judgment, and Public Policy
Af: Sanjit Dhami, Cass R. Sunstein Engelsk Paperback
Tjek vores konkurrenters priser
Two leaders in the field explore the foundations of bounded rationality and its effects on choices by individuals, firms, and the government.

Bounded rationality recognizes that human behavior departs from the perfect rationality assumed by neoclassical economics. In this book, Sanjit Dhami and Cass R. Sunstein explore the foundations of bounded rationality and consider the implications of this approach for public policy and law, in particular for questions about choice, welfare, and freedom. The authors, both recognized as experts in the field, cover a wide range of empirical findings and assess theoretical work that attempts to explain those findings. Their presentation is comprehensive, coherent, and lucid, with even the most technical material explained accessibly. They not only offer observations and commentary on the existing literature but also explore new insights, ideas, and connections.
 
After examining the traditional neoclassical framework, which they refer to as the Bayesian rationality approach (BRA), and its empirical issues, Dhami and Sunstein offer a detailed account of bounded rationality and how it can be incorporated into the social and behavioral sciences. They also discuss a set of models of heuristics-based choice and the philosophical foundations of behavioral economics. Finally, they examine libertarian paternalism and its strategies of “nudges.” 
 
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Two leaders in the field explore the foundations of bounded rationality and its effects on choices by individuals, firms, and the government.

Bounded rationality recognizes that human behavior departs from the perfect rationality assumed by neoclassical economics. In this book, Sanjit Dhami and Cass R. Sunstein explore the foundations of bounded rationality and consider the implications of this approach for public policy and law, in particular for questions about choice, welfare, and freedom. The authors, both recognized as experts in the field, cover a wide range of empirical findings and assess theoretical work that attempts to explain those findings. Their presentation is comprehensive, coherent, and lucid, with even the most technical material explained accessibly. They not only offer observations and commentary on the existing literature but also explore new insights, ideas, and connections.
 
After examining the traditional neoclassical framework, which they refer to as the Bayesian rationality approach (BRA), and its empirical issues, Dhami and Sunstein offer a detailed account of bounded rationality and how it can be incorporated into the social and behavioral sciences. They also discuss a set of models of heuristics-based choice and the philosophical foundations of behavioral economics. Finally, they examine libertarian paternalism and its strategies of “nudges.” 
 
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Produktdetaljer
Sprog: Engelsk
Sider: 640
ISBN-13: 9780262543705
Indbinding: Paperback
Udgave:
ISBN-10: 0262543702
Kategori: Politisk forskning og teori
Udg. Dato: 12 jul 2022
Længde: 48mm
Bredde: 228mm
Højde: 153mm
Forlag: MIT Press Ltd
Oplagsdato: 12 jul 2022
Forfatter(e): Sanjit Dhami, Cass R. Sunstein
Forfatter(e) Sanjit Dhami, Cass R. Sunstein

Kategori Politisk forskning og teori

ISBN-13 9780262543705

Sprog Engelsk

Indbinding Paperback

Sider 640

Udgave

Længde 48mm

Bredde 228mm

Højde 153mm

Udg. Dato 12 jul 2022

Oplagsdato 12 jul 2022

Forlag MIT Press Ltd

Kategori sammenhænge