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Bounded Rationality: Cognitive Limitations or Adaptation to the Environment? The Implications of Ecological Rationality for Management Learning

Academy of Management Learning and Education, 2020
We examine why bounded rationality continues to be considered an inferior form of rationallity in the field of management and what this implies for business education and practice.
José Lejarraga   +1 more
exaly   +2 more sources

Individually irrational pruning is essential for ecological rationality in a social context

Cognitive Psychology, 2020
Heuristics, commonly thought to violate the full rationality assumptions, are paradoxically indispensable parts of our decision-making and learning processes.
Sareh Zendehrouh, Majid Nili Ahmadabadi
exaly   +2 more sources

Ecological Rationality

Encyclopedia of Evolutionary Psychological Science, 2021

semanticscholar   +2 more sources

Building the Theory of Ecological Rationality

Minds and Machines, 2016
While theories of rationality and decision making typically adopt either a single-powertool perspective or a bag-of-tricks mentality, the research program of ecological rationality bridges these with a theoretically-driven account of when different heuristic decision mechanisms will work well.
P. Todd, Henry Brighton
semanticscholar   +4 more sources

The Ecological Rationality of the Wisdom of Crowds

Taming Uncertainty, 2019
Stefan M. Herzog   +4 more
semanticscholar   +3 more sources

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