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Advantages of Cognitive Limitations

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  • Yaakov Kareev

Abstract

Being a product of evolutionary pressures, it would not be surprising to find that what seems to be a limitation of the cognitive system is actually a fine-tuned compromise between a set of competing needs. This thesis is demonstrated using the case of the limited capacity of short-term memory, which is often regarded as the prime example of a cognitive limitation.

Suggested Citation

  • Yaakov Kareev, 2012. "Advantages of Cognitive Limitations," Discussion Paper Series dp611, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    • Handle: RePEc:huj:dispap:dp611
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    References listed on IDEAS

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