Demons versus heuristics in artificial intelligence, behavioral ecology, and economics (1999)

Abstract

chapter: Illustrates the dispute between unbounded and bounded rationality as it pertains to the fields of artificial intelligence, animal behavior, and economics. Each section begins with a brief outline of the state of the dispute in its discipline, and concludes with speculative suggestions of future directions that each field might follow in pursuing fast and frugal strategies. Analyses reveal that in these 3 fields, the idea of simple heuristics is advancing conceptually; however, its quantitative impact remains small in comparison with older ideas of unbounded rationality. (PsycINFO Database Record (c) 2002 APA, all rights reserved):

Bibliographic entry

Goodie, A. S., Ortmann, A., Davis, J. N., Bullock, S., & Werner, G. M. (1999). Demons versus heuristics in artificial intelligence, behavioral ecology, and economics. In G. Gigerenzer, P. M. Todd, & the ABC Research Group., Simple heuristics that make us smart (pp. 327-355). New York: Oxford University Press.

Miscellaneous

Publication year 1999
Document type: In book
Publication status: Published
External URL:
Categories:
Keywords: animal ethology artificial intelligence economics

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