Information Processing and Bounded Rationality: A Survey
This paper surveys some recent attempts to formulate a plausible and tractable model of bounded rationality. I focus in particular on models which view bounded rationality as stemming from limited information processing. I discuss computability, partitional models (such as automata, perceptrons, and optimal networks), nonpartitional models, and axiomatic approaches
|Date of creation:||Jan 1993|
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