Mechanisms for decisions about the future

Research output: Chapter in Book/Report/Conference proceedingChapter

6 Scopus citations

Abstract

Evolutionary and psychological perspectives on decision making remain largely separate endeavors. The bounded rationality approach integrates these two perspectives by focusing on simple, plausible mechanisms of decision making and the cognitive capacities needed to implement these mechanisms. Decisions about the future provide a class of decisions that lend themselves to a bounded rationality approach. Though many different mechanisms may exist for making decisions about the future, only a subset of these mechanisms actually require a representation of the future. The bounded rationality approach helps focus on the cognitive capacities and decision mechanisms that are necessary for a full understanding of decision making about the future.

Original languageEnglish (US)
Title of host publicationAnimal Thinking
Subtitle of host publicationContemporary Issues in Comparative Cognition
PublisherThe MIT Press
Pages93-104
Number of pages12
ISBN (Print)9780262016636
StatePublished - 2011
Externally publishedYes

ASJC Scopus subject areas

  • Arts and Humanities(all)

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