Published March 1998
| Version Submitted
Working Paper
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Bounded Rationality in Individual Decision Making
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Abstract
My goals in this paper are: (i) To give a pithy, opinionated summary of what has been learned about bounded rationality in individual decision making from experiments in economics and psychology (drawing on my 1995 Handbook of Experimental Economics chapter); and (ii) mention some promising new directions for research which would be included if that chapter were written today.
Additional Information
This paper is based on a lecture at the Bonn Conference on Theories of Bounded Rationality, May 1997. Helpful comments were received from Charles Holt, and Angela Hung assisted with research. It was written in the warm incubator of the Center for Advanced Study for Behavioral Sciences, with support from National Science Foundation grant SBR-9601236. Published as Camerer, C. (1998). Bounded rationality in individual decision making. Experimental economics, 1(2), 163-183.Attached Files
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- Eprint ID
- 80326
- Resolver ID
- CaltechAUTHORS:20170811-161943874
Related works
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- http://resolver.caltech.edu/CaltechAUTHORS:20110210-113531946 (URL)
Funding
- NSF
- SBR-9601236
Dates
- Created
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2017-08-11Created from EPrint's datestamp field
- Updated
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2019-10-03Created from EPrint's last_modified field
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- Social Science Working Papers
- Series Name
- Social Science Working Paper