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Rationality the fast and frugal way
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UNSPECIFIED (1997) Rationality the fast and frugal way. In: 19th Annual Conference of the Cognitive-Science-Society, STANFORD UNIV, Stanford, CA, AUG 07-10, 1997. Published in: PROCEEDINGS OF THE NINETEENTH ANNUAL CONFERENCE OF THE COGNITIVE SCIENCE SOCIETY pp. 96-101. ISBN 0-8058-2941-5.
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Abstract
In a major theoretical paper, Gigerenzer and Goldstein (1996a) argue that classical rationality should be rejected as a norm of good reasoning, and that this thesis undermines both rational models of human thought and the alternative heuristics-and-biases program. They illustrate their argument by proposing that a specific cognitive estimation problem may be carried out by the "Take the Best" algorithm, which is "fast and frugal," but not rational. We argue: (1) that "fast and frugal" cognitive algorithms may approximate rational norms, and only in this way can their success be explained; and (2) that new computer simulations, and considerations of speed and generality, suggest that other algorithms are at least as psychologically plausible as Take the Best.
Item Type: | Conference Item (UNSPECIFIED) | ||||
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Subjects: | B Philosophy. Psychology. Religion > BF Psychology | ||||
Journal or Publication Title: | PROCEEDINGS OF THE NINETEENTH ANNUAL CONFERENCE OF THE COGNITIVE SCIENCE SOCIETY | ||||
Publisher: | LAWRENCE ERLBAUM ASSOC PUBL | ||||
ISBN: | 0-8058-2941-5 | ||||
Editor: | Shafto, MG and Langley, P | ||||
Official Date: | 1997 | ||||
Dates: |
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Number of Pages: | 6 | ||||
Page Range: | pp. 96-101 | ||||
Publication Status: | Published | ||||
Title of Event: | 19th Annual Conference of the Cognitive-Science-Society | ||||
Location of Event: | STANFORD UNIV, Stanford, CA | ||||
Date(s) of Event: | AUG 07-10, 1997 |
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