Models of Bounded Rationality are often seen as more realistic than the traditional alternatives based on the fully-rational homo economicus, assumed by Expected Utility Theory (EUT). In his seminal paper on Bounded Rationality Simon (1955) pictured a decision maker as having computational...

The aim of this article is to expose some consequences of the standard theory of rationality, selected by its interest for the methodology. It will begin by the analysis of Popper’s claim of extending the economic rationality to all social sciences –the situational logic. It will continue...