This work challenges the very notion of bounded rationality as dangerously too near to some "unbounded rationality" used as a benchmark. Should we assume that there is an "unbounded" rationality as a benchmark? Should one start, in order to describe and interpret human behaviour, from a model...

How do interacting decision-makers make strategic choices? If they're rational and can somehow predict each other's behavior, they may find themselves in a Nash equilibrium. However, humans display pervasive and systematic departures from rationality. They oft􀀵en do not conform to the...

If we reassess the rationality question under the assumption that the uncertainty of the natural world is largely unquantifiable, where do we end up? In this article the author argues that we arrive at a statistical, normative, and cognitive theory of ecological rationality. The main casualty of...

Introduction: Why cognitive operations? -- Chapter 1: Approaches to cognitive modelling -- Chapter 2: Decisions under risk -- Chapter 3: Strategic interactions -- Chapter 4: Newsvendor problems -- Chapter 5: Decisions under uncertainty -- Chapter 6: Conclusions: The future of cognitive modelling...