The weak rationality principle is not an empirical statement but a heuristic rule of how to proceed in social sciences …-foundation and, therefore, employ the rationality assumption in economic models. Then, with reference to the ‘bounded rationality … a part of the rationality assumption. We conclude with some remarks on handling the problems of ‘free will’ as well as …

helps us understand a variety of phenomena across fields of economics. The theory of rational inattention assumes that …

advantageous and disadvantageous in our understanding of entrepreneurship and where it fits into cognition and rationality. We … rationality structures that relate to these cornerstones in order to establish what constitutes entrepreneurial cognition. We use … these areas to add two new rationality types to Simon's administrative and Spender's creative/design person to build four …