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Extendable Rationality pp 27–39Cite as

Maps of Bounded Rationality (I)

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Part of the book series: Organizational Change and Innovation ((OCI,volume 1))

Abstract

In the late 1970s, scholars started to study if and how bounded rationality works in practice. Experiments were set up and there started the ever growing literature on the subject. The first evidences were related to falsifying neoclassical approaches to rationality, e.g., the theory of expected utility (see below), while the latter efforts cover a wider terrain, focusing on heuristics, ethics, cooperation, and altruism (discussed in a later chapter).

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Authors and Affiliations

  1. Department of Management, University of Wisconsin-La Crosse, La Crosse, WI, 54601, USA

    Davide Secchi

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  1. Davide Secchi
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Correspondence to Davide Secchi .

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Secchi, D. (2011). Maps of Bounded Rationality (I). In: Extendable Rationality. Organizational Change and Innovation, vol 1. Springer, New York, NY. https://doi.org/10.1007/978-1-4419-7542-3_4

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