Basel, Jörn; Brühl, Rolf - ESCP Europe Wirtschaftshochschule <Berlin> - 2011
This paper sketches important concepts of rationality. It concentrates on bounded rationalityand provides descriptions of the heuristics and bias program and of the fast and frugalheuristics program by Gerd Gigerenzer and colleagues (Gigerenzer, 2002; Gigerenzer,Todd, & the ABC Research Group, 1999;...