Information Processing and Bounded Rationality: A Survey

Barton Lipman ()

No 872, Working Paper from Economics Department, Queen's University

Abstract: This paper surveys some recent attempts to formulate a plausible and tractable model of bounded rationality. I focus in particular on models which view bounded rationality as stemming from limited information processing. I discuss computability, partitional models (such as automata, perceptrons, and optimal networks), nonpartitional models, and axiomatic approaches

Pages: 40 pages
Date: 1993-01
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Citations: View citations in EconPapers (4)

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http://qed.econ.queensu.ca/working_papers/papers/qed_wp_872.pdf First version 1993 (application/pdf)

Related works:
Journal Article: Information Processing and Bounded Rationality: A Survey (1995)
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Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:872

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