Modeling Bounded Rationality
Ariel Rubinstein
Sold by Mesquite Booksellers, Tucson, AZ, U.S.A.
AbeBooks Seller since 4 December 2025
Used - Soft cover
Condition: Used - Fine
Ships within U.S.A.
Quantity: 1 available
Add to basketSold by Mesquite Booksellers, Tucson, AZ, U.S.A.
AbeBooks Seller since 4 December 2025
Condition: Used - Fine
Quantity: 1 available
Add to basketxii,208. This is a special sale item which will be shipped in an envelope, not a box. If you order this from outside the United States, we will almost certainly request an additional payment to help cover the postage. Every order includes tracking and originates in Tucson, AZ. ~Mesquite Booksellers.
Seller Inventory # 1018
The notion of bounded rationality was initiated in the 1950s by Herbert Simon; only recently has it influenced mainstream economics. In this book, Ariel Rubinstein defines models of bounded rationality as those in which elements of the process of choice are explicitly embedded. The book focuses on the challenges of modeling bounded rationality, rather than on substantial economic implications.
In the first part of the book, the author considers the modeling of choice. After discussing some psychological findings, he proceeds to the modeling of procedural rationality, knowledge, memory, the choice of what to know, and group decisions.In the second part, he discusses the fundamental difficulties of modeling bounded rationality in games. He begins with the modeling of a game with procedural rational players and then surveys repeated games with complexity considerations. He ends with a discussion of computability constraints in games. The final chapter includes a critique by Herbert Simon of the author's methodology and the author's response.
The Zeuthen Lecture Book series is sponsored by the Institute of Economics at the University of Copenhagen.
"About this title" may belong to another edition of this title.
We carefully evaluate each title listed for sale. If you are unsatisfied with the condition of any book, you may return it (in the same condition as you received it) for a full refund within 30 days.
Payment may only be made via AbeBooks.
If you are a consumer you can cancel the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.
INFORMATION REGARDING THE RIGHT OF CANCELLATION
Statutory Right to cancel
You have the right to cancel this contract within 14 days for any reason.
The cancellation period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the the last good or the last lot or piece.
To exercise the right to cancel, you must inform us, Mesquite Booksellers, P.O. Box 42842, 85733, Tucson, Arizona, U.S.A., of your decision to cancel this contract by a clear statement (e.g. a letter sent by post, fax or e-mail). You may use the attached model cancellation form, but it is not obligatory. You can also electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". If you use this option, we will communicate to you an acknowledgement of receipt of such a cancellation on a durable medium (e.g. by e-mail) without delay.
To meet the cancellation deadline, it is sufficient for you to send your communication concerning your exercise of the right to cancel before the cancellation period has expired.
Effects of cancellation
If you cancel this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).
We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.
We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to cancel with contract.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.
We may withhold reimbursement until we have received the goods back or you have supplied evidence of having sent back the goods, whichever is the earliest.
You shall send back the goods or hand them over to us or Mesquite Booksellers, P.O. Box 42842, 85733, Tucson, Arizona, U.S.A., without undue delay and in any event not later than 14 days from the day on which you communicate your cancellation from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.
Exceptions to the right of cancellation
The right of cancellation does not apply to:
Model withdrawal form
(complete and return this form only if you wish to withdraw from the contract)
To: (Mesquite Booksellers, P.O. Box 42842, 85733, Tucson, Arizona, U.S.A.)
I/We (*) hereby give notice that I/We (*) withdraw from my/our (*) contract of sale of the following goods (*)/for the provision of the following goods (*)/for the provision of the following service (*),
Ordered on (*)/received on (*)
Name of consumer(s)
Address of consumer(s)
Signature of consumer(s) (only if this form is notified on paper)
Date
* Delete as appropriate.
All shipments will originate in Tucson, Arizona, USA. Orders placed Sunday-Friday will be processed and shipped by 5pm the next day. Should you order on a Saturday or a holiday, we will ship on the next available business day.
All books are carefully and robustly packaged.
We do not drop ship. All titles are in our possession and immediately accessible.
Shipping within the United States will be conducted by USPS Media Mail.
International shipments will be sent via the United States Postal Service (USPS). This means that when the parcel arrives in your country, it will be handled and delivered by your country's national postal service (not a private courier). We are likely to request an additional payment to help cover the cost of an international shipment.
Important Notice to International Buyers: Import duties, taxes and other charges by your country's authorities are not included in the item price or shipping charges. Check with your local customs office to determine what these additional costs may be. Once a parcel arrives in your country, your country's authorities and postal service may process and deliver that parcel quite quickly, or quite slowly. Once the parcel arrives in your country, neither Mesquite Booksellers nor the United States Postal Service is responsible for a slow processing and delivery. Shipping time estimates concern the speed with which the parcel arrives to your country, not how quickly it arrives at your door. Some of the best (fastest) performers in this regard: Switzerland, Sweden, United Kingdom, Australia, Slovakia, Hungary, Israel. Some of the worst performers: Italy, Spain, France, Mexico.
| Order quantity | 5 to 14 business days | 3 to 6 business days |
|---|---|---|
| First item | £ 2.24 | £ 4.10 |
Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.