An Evolutionary Model of Bounded Rationality and Intelligence
Background: Most economic theories are based on the premise that individuals maximize their own self-interest and correctly incorporate the structure of their environment into all decisions, thanks to human intelligence. The influence of this paradigm goes far beyond academia–it underlies current ma...
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Format: | Article |
Language: | en_US |
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Public Library of Science
2013
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Online Access: | http://hdl.handle.net/1721.1/77205 https://orcid.org/0000-0003-2944-7773 |