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Ecological Rationality: The Normative Study of Heuristics

Gerd Gigerenzer and Peter M. Todd

in Ecological Rationality: Intelligence in the World

Published in print:
2012
Published Online:
May 2012
ISBN:
9780195315448
eISBN:
9780199932429
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195315448.003.0142
Subject:
Psychology, Cognitive Psychology, Human-Technology Interaction

Logic and probability theory have been the traditional arbiters of the normative question of how to make good decisions, while psychology has been relegated to studying the descriptive question of ... More


Simple Heuristics in a Social Game

Ralph Hertwig, Urs Fischbacher, and Adrian Bruhin

in Simple Heuristics in a Social World

Published in print:
2012
Published Online:
January 2013
ISBN:
9780195388435
eISBN:
9780199950089
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195388435.003.0002
Subject:
Psychology, Social Psychology

The dominant behavior observed in social games such as the ultimatum game, the dictator game, and public good games violates the classical assumption in economics of purely selfish preferences. To ... More


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