Pubblicazioni

Autori:

Ceschi, A; Fioretti, G

Titolo:

From Bounded Rationality to Collective Behavior

Anno:

2021

Tipologia prodotto:

Articolo in Rivista

Tipologia ANVUR:

Articolo su rivista

Lingua:

Inglese

Referee:

No

Nome rivista:

NONLINEAR DYNAMICS, PSYCHOLOGY AND LIFE SCIENCES

ISSN Rivista:

1090-0578

N° Volume:

25

Numero o Fascicolo:

4

Intervallo pagine:

385-394

Parole chiave:

collective rationality; organizational rationality; information structures

Breve descrizione dei contenuti:

Since the pioneering work of Herbert A. Simon, bounded rationality (BR) constitutes a viable alternative to utility maximization in settings characterized by uncertainty about the possible emergence of novel events, missing information, and limitations to human reasoning. Because of its realism, BR gained consensus in organization and management studies. However, BR is a theory of individual decision-making. Substantial extensions are required in order to turn it into a tool to analyze collective decision processes. Following an intuition by the late Simon himself, we submit that organizations channel information flows in ways that alleviate human BR. Thus, analysis and reconstruction of their structure as well as differential degrees and qualities of individual BR within organizations is key to extend this concept to collective decision-making. In this special issue we collected contributions where instances of BR couple with interaction structures to yield collective behavior. Tools range from mathematical models to experimental settings to computational models, testifying to the value of multiple approaches and perspectives.

Id prodotto:

134274

Handle IRIS:

11562/1095986

ultima modifica:

8 giugno 2023

Citazione bibliografica:

Ceschi, A; Fioretti, G, From Bounded Rationality to Collective Behavior «NONLINEAR DYNAMICS, PSYCHOLOGY AND LIFE SCIENCES» , vol. 25 , n. 4 , 2021 , pp. 385-394

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