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How Do People Make Decisions When Time Is Limited, Information Unreliable, And The Future Uncertain? This Book Tells How Based On The Work Of Herbert Simon, The Adaptive Behavior And Cognition (abc) Group Has Developed A Research Programme On Simple Heuristics, Also Known As Fast And Frugal Heuristics
How do individuals effectively navigate complex environments when faced with limited time, incomplete information, and high levels of uncertainty? The authors, leading researchers in the field of cognitive psychology and behavioral science, synthesize decades of empirical research from the Adaptive Behavior and Cognition (ABC) group. They argue that simple, rule-based decision strategies—often called fast and frugal heuristics—frequently outperform complex computational models by exploiting the structure of the environment rather than attempting to process all available data.
What You Will Find
Experts recognize this work as a definitive collection of the ABC group's research program on human decision-making. Readers frequently note the technical rigor of the text, which serves as a foundational resource for students and professionals in cognitive science and behavioral economics.
Page Count:
844
Publication Date:
2011-01-01
ISBN-10:
0199894728
ISBN-13:
9780199894727
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