Cognitively bounded rational analyses and the crucial role of theories of subjective utility

Behav Brain Sci. 2020 Mar 11:43:e14. doi: 10.1017/S0140525X19001729.

Abstract

We agree that combining rational analysis with cognitive bounds, what we previously introduced as Cognitively Bounded Rational Analysis, is a promising and under-used methodology in psychology. We further situate the framework in the literature, and highlight the important issue of a theory of subjective utility, which is not addressed sufficiently clearly in the framework or related previous work.

Publication types

  • Comment

MeSH terms

  • Cognition*
  • Humans