The bounded rationality of probabilistic mental models
Gerd Gigerenzer
Abstract
Imagine you are a subject in a psychological experiment. In front of you is a text problem, and you begin to read: Linda is 31 years old, single, outspoken and very bright. She majored in philosophy. As a student, she was deeply concerned with issues of discrimination and social justice, and also participated in antinuclear demonstrations. Which of two alternatives is more Linda is a bank teller. Linda is a bank teller and is active in the feminist movement.
Topics & Concepts
Bounded rationalityProbabilistic logicBounded functionRationalityMathematicsComputer scienceMathematical economicsCalculus (dental)EpistemologyArtificial intelligencePhilosophyMathematical analysisMedicineDentistryCognitive Science and MappingBayesian Modeling and Causal Inference