Gerd Gigerenzer & Reinhard Selten (2001)
MIT Press.
Abstract. Gigerenzer and Selten's edited volume formalising bounded rationality as a set of fast-and-frugal heuristics adapted to specific decision environments. The counterweight to the heuristics-and-biases tradition — heuristics as competent adaptations rather than systematic errors.
Tags: decision-making heuristics foundational