Bounded rationality is rare

DOI10.1016/J.JET.2022.105509MaRDI QIDQ2675409zbMATH OpenOpenAlexFDO

Authors Alfio Giarlotta, Angelo Petralia, Stephen Watson

Publication date 23 September 2022

Published in Journal of Economic Theory (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1016/j.jet.2022.105509

zbMATH Keywords

bounded rationalityhereditary propertynumerical estimatesraritychoice isomorphism

Mathematics Subject Classification ID

Decision theory (91B06)

Recommendations

• Choice functions and bounded rationality
• Bounded rationality. A Simon-like explication
• Bounded rationality: static versus dynamic approaches
• Probabilistic choice and procedurally bounded rationality
• A sparsity-based model of bounded rationality

Cites work

• Bounded rationality and limited data sets
• Choice by lexicographic semiorders
• Choice by sequential procedures
• Choice resolutions
• Congruence relations on a choice space
• List-rationalizable choice
• On a System of Inequalities in Demand Analysis: An Extension of the Classical Method
• Properties of a measure of predictive success
• Rational Selection of Decision Functions
• Rational choice with status quo bias
• Rationalizability of choice functions by game trees
• Rationalization
• Sequential rationalization of multivalued choice
• When more is less: limited consideration

Cited in

(13)

• Internal rationality models and bounded rational decision analysis
• Context-sensitive rationality: choice by salience
• Rationalization of indecisive choice behavior by pluralist ballots
• Bounded arbitrage and nearly rational behavior
• Statistical testing of bounded rationality with applications to the newsvendor model
• Bounded versus unbounded rationality: The tyranny of the weak
• The bounded rationality of probability distortion
• Bounded rationality and limited data sets
• A sparsity-based model of bounded rationality
• Intertemporal bounded rationality as consideration sets with contraction consistency
• Choice functions and bounded rationality
• Bounded rationality: static versus dynamic approaches
• Bounded rationality. A Simon-like explication

This page was built for publication: Bounded rationality is rare

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2675409)