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Beyond “pardonable errors by subjects and unpardonable ones by psychologists”

Published online by Cambridge University Press:  09 April 2001

X. T. Wang
X. T. Wang
Affiliation:
Psychology Department, University of South Dakota, Vermillion, SD 57069 [email protected]
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Abstract

Violations and biases relative to normative principles of rationality tend to occur when the structure of task environments is novel or the decision goals are in conflict. The two blades of bounded rationality, the structure of task environments and the computational capacities of the actor, can sharpen the conceptual distinctions between the sources of the normative and descriptive gap.

Type
Open Peer Commentary
Information
Behavioral and Brain Sciences , Volume 23 , Issue 5 , October 2000 , pp. 699 - 700
Copyright
© 2000 Cambridge University Press

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