A Boundedly Rational Decision Algorithm - Gabaix, Xavier; Laibson, David (The American economic review, 2000)
Keywords: Algorithms; Cognition; Cognition & reasoning; Cognitive models; Decision making; Decision trees; Discounting; Economic models; Economic theory; Expected values; Experimental data; Game theory; Heuristic; Heuristics; Modeling; Preferences, Behavior, and Welfare; Rationality; Studies