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Decision Making: Nonrational Theories
[chapter]
2001
International Encyclopedia of the Social & Behavioral Sciences
The term "nonrational" denotes a heterogeneous class of theories of decision making designed to overcome problems with traditional "rational" theories. Nonrational theories have been denoted by various terms, including models of bounded rationality, procedural rationality, and satisfi cing. Although there is as yet no agreed-upon defi nition of "nonrational," rational and nonrational theories typically differ on several dimensions, discussed below. The term "decision making" is used broadly
doi:10.1016/b0-08-043076-7/01612-0
fatcat:6j3b4h4ee5bodd27p26aervbcq