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- W1537224937 abstract "In this work we developed analytical framework for modeling boundedly rational behavior, based on methodological foundations which synthesize decision making with the aspects of complexity theory. We explicitly endogenize preference formation which contributes to introducing bounded preference formation skills. Along with widely recognised aspects of bounded rationality - such as cognitive aspects - suggested framework deals with psychological aspects of bounded rationality, as well. Per se, it allows much richer analysis of decision-making behavior then the traditional microeconomic theory where utility maximizing is the only assumed behaviour." @default.
- W1537224937 created "2016-06-24" @default.
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- W1537224937 date "2003-01-01" @default.
- W1537224937 modified "2023-10-03" @default.
- W1537224937 title "Complexity, Bounded Rationality and Decision Making" @default.
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- W1537224937 doi "https://doi.org/10.2139/ssrn.903943" @default.
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