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Fast, frugal, and rational: How rational norms explain behavior

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  • Chater, Nick
  • Oaksford, Mike
  • Nakisa, Ramin
  • Redington, Martin

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  • Chater, Nick & Oaksford, Mike & Nakisa, Ramin & Redington, Martin, 2003. "Fast, frugal, and rational: How rational norms explain behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 90(1), pages 63-86, January.
    • Handle: RePEc:eee:jobhdp:v:90:y:2003:i:1:p:63-86
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    1. John C. Harsanyi & Reinhard Selten, 1988. "A General Theory of Equilibrium Selection in Games," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262582384, December.
    2. Cyert, Richard M & DeGroot, Morris H, 1974. "Rational Expectations and Bayesian Analysis," Journal of Political Economy, University of Chicago Press, vol. 82(3), pages 521-536, May/June.
    3. Chew, Soo Hong, 1983. "A Generalization of the Quasilinear Mean with Applications to the Measurement of Income Inequality and Decision Theory Resolving the Allais Paradox," Econometrica, Econometric Society, vol. 51(4), pages 1065-1092, July.
    4. Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
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    7. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    8. Daniel Ellsberg, 1961. "Risk, Ambiguity, and the Savage Axioms," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 75(4), pages 643-669.
    9. Merrill M. Flood, 1958. "Some Experimental Games," Management Science, INFORMS, vol. 5(1), pages 5-26, October.
    10. Akerlof, George A & Yellen, Janet L, 1985. "Can Small Deviations from Rationality Make Significant Differences to Economic Equilibria?," American Economic Review, American Economic Association, vol. 75(4), pages 708-720, September.
    11. Payne, John W. & Bettman, James R. & Luce, Mary Frances, 1996. "When Time Is Money: Decision Behavior under Opportunity-Cost Time Pressure," Organizational Behavior and Human Decision Processes, Elsevier, vol. 66(2), pages 131-152, May.
    12. Paul A. Samuelson, 1937. "A Note on Measurement of Utility," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 4(2), pages 155-161.
    13. Tversky, Amos & Kahneman, Daniel, 1986. "Rational Choice and the Framing of Decisions," The Journal of Business, University of Chicago Press, vol. 59(4), pages 251-278, October.
    14. Stephen J. DeCanio, 1979. "Rational Expectations and Learning from Experience," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 93(1), pages 47-57.
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    3. Kurani, Kenneth S & Turrentine, Tom, 2004. "Automobile Buyer Decisions about Fuel Economy and Fuel Efficiency," Institute of Transportation Studies, Working Paper Series qt6zq891d1, Institute of Transportation Studies, UC Davis.
    4. Arndt Bröder & Ben Newell, 2008. "Challenging some common beliefs: Empirical work within the adaptive toolbox metaphor," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 3, pages 205-214, March.
    5. Ben Newell & Arndt Bröder, 2008. "Cognitive processes, models and metaphors in decision research," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 3, pages 195-204, March.
    6. repec:cup:judgdm:v:3:y:2008:i::p:205-214 is not listed on IDEAS
    7. Kassie, Girma T. & Zeleke, Fresenbet & Birhanu, Mulugeta Y. & Scarpa, Riccardo, 2020. "Reminder Nudge, Attribute Nonattendance, and Willingness to Pay in a Discrete Choice Experiment," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304208, Agricultural and Applied Economics Association.
    8. Robin M. Hogarth & Natalia Karelaia, 2005. "Simple Models for Multiattribute Choice with Many Alternatives: When It Does and Does Not Pay to Face Trade-offs with Binary Attributes," Management Science, INFORMS, vol. 51(12), pages 1860-1872, December.
    9. Kurani, Ken & Turrentine, Thomas, 2004. "Automobile Buyer Decisions about Fuel Economy and Fuel Efficiency," Institute of Transportation Studies, Working Paper Series qt5hh5k3j3, Institute of Transportation Studies, UC Davis.
    10. repec:cup:judgdm:v:3:y:2008:i:8:p:667-678 is not listed on IDEAS
    11. Brighton, Henry, 2020. "Statistical foundations of ecological rationality," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 14, pages 1-32.
    12. Konstantinos V. Katsikopoulos, 2011. "Psychological Heuristics for Making Inferences: Definition, Performance, and the Emerging Theory and Practice," Decision Analysis, INFORMS, vol. 8(1), pages 10-29, March.
    13. David Leiser & Dov-Ron Schatzberg, 2008. "On the complexity of traffic judges' decisions," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 3(8), pages 667-678, December.

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