Ormerod, Paul - In: Physica A: Statistical Mechanics and its Applications 370 (2006) 1, pp. 60-63
The standard socio-economic model (SSSM) postulates very considerable cognitive powers on the part of its agents. They are able to gather all relevant information in any given situation, and to take the optimal decision on the basis of it, given their tastes and preferences. This behavioural...