Talk:Bounded rationality

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[edit] Is a system

is a system in which decisions are driven by the desire to identify and select the first acceptable alternative (satisficing).

I believe satisficing is a more specific term. Perhaps it should be mentioned, but I don't think the concept is synonymous with "bounded rationality"


The term was coined by Prof. Herbert Simon in 1981.

Its use in Simon 1957 suggests otherwise. Are we even sure Simon coined the term at all?—The preceding unsigned comment was added by 128.148.115.157 (talk • contribs) 19:49, 9 September 2002.

[edit] Albert Einstein

He gives Albert Einstein as an example of bounded rationality. How is Einstein a better example of bounded rationality than, say, me? In fact, how can Einstein be an example of bounded rationality? He lived his live within the limitations of bounded rationality, but Einstein was not a concept. That Einstein sentence makes no sense.

I agree, need an example.—The preceding unsigned comment was added by 216.158.162.75 (talk • contribs) 20:33, 3 March 2006.

[edit] References before See Also

Do references go before or after see also? The article looks a bit wierd. —The preceding unsigned comment was added by Forwardmeasure (talkcontribs) 22:22, 29 March 2007 (UTC).

See also goes before References read the instructions here: Wikipedia:Guide_to_layout#Standard_appendices_and_descriptions for more information.
Trade2tradewell 08:37, 1 April 2007 (UTC)