Bounded Rationality

Concept

A concept introduced by Herbert Simon, suggesting that human decision-making is rational but subject to limitations in information, cognitive ability, and time.

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Videos Mentioning Bounded Rationality

MIT AGI: Cognitive Architecture (Nate Derbinsky)

MIT AGI: Cognitive Architecture (Nate Derbinsky)

Lex Fridman

A concept introduced by Herbert Simon, suggesting that human decision-making is rational but subject to limitations in information, cognitive ability, and time.