Rationality the fast and frugal way
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.Full text not available from this repository.
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)|
|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|
|Editor:||Shafto, MG and Langley, P|
|Number of Pages:||6|
|Page Range:||pp. 96-101|
|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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