Visions of rationality

@article{Chase1998VisionsOR,
  title={Visions of rationality},
  author={Valerie M. Chase and Ralph Hertwig and Gerd Gigerenzer},
  journal={Trends in Cognitive Sciences},
  year={1998},
  volume={2},
  pages={206-214}
}
The classical view that equates rationality with adherence to the laws of probability theory and logic has driven much research on inference. Recently, an increasing number of researchers have begun to espouse a view of rationality that takes account of organisms' adaptive goals, natural environments, and cognitive constraints. We argue that inference is carried out using boundedly rational heuristics, that is, heuristics that allow organisms to reach their goals under conditions of limited… Expand
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