Herbert Simon's renowned theory of bounded rationality is principally interested in cognitive constraints and environmental factors and influences which prevent people from thinking or behaving according to formal rationality. Simon's theory has been expanded in numerous directions and taken up by various disciplines with an interest in how humans think and behave. This includes philosophy, psychology, neurocognitive sciences, economics, political science, sociology, management, and organization studies.

The Routledge Handbook of Bounded Rationality draws together an international team of leading experts to survey the recent literature and the latest developments in these related fields. The chapters feature entries on key behavioural phenomena, including reasoning, judgement, decision making, uncertainty, risk, heuristics and biases, and fast and frugal heuristics. The text also examines current ideas such as fast and slow thinking, nudge, ecological rationality, evolutionary psychology, embodied cognition, and neurophilosophy. Overall, the volume serves to provide the most complete state-of-the-art collection on bounded rationality available.

This book is essential reading for students and scholars of economics, psychology, neurocognitive sciences, political sciences, and philosophy.

About the Author

Riccardo Viale is Full Professor of Cognitive Economics and Behavioural Sciences in the Department of Economics at the University of Milano-Bicocca, Italy. He is also the founder and General Secretary of the Herbert Simon Society.

Reviews

"From the studies and exchanges that lead Viale to conduct his research and teach in the most advanced universities in the world, the network of scholars was born who, on the basis of each person's skills, he drew on to compose the Handbook of Bounded Rationality...[This] network made up of over seventy scholars helps to enter into what remains one of the great mysteries of the human mind: how and why we make a decision rather than another." -Corriere della Sera

Book Information
ISBN 9780367563943
Author Riccardo Viale
Format Paperback
Page Count 664
Imprint Routledge
Publisher Taylor & Francis Ltd
Weight(grams) 1220g