| 1. | These internal costs are the background to the study of bounded rationality.
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| 2. | Household decision-taking may be represented using techniques from bounded rationality and agent-based behavior.
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| 3. | These models presume either no rationality or bounded rationality on the part of players.
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| 4. | Theories of bounded rationality relax one or more assumptions of standard expected utility theory.
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| 5. | Theories of bounded rationality relax one or more assumptions of standard expected utility theory .
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| 6. | Bounded rationality is a central theme in behavioral economics.
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| 7. | Sunstein and Thaler recommend that choice architectures are modified in light of human agents'bounded rationality.
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| 8. | Some have argued that a kind of bounded rationality makes more sense for such models.
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| 9. | 11 ) Issues stemming from bounded rationality not discussed.
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| 10. | As an example, he coined the concept of bounded optimality, a decision-theoretic approach to bounded rationality.
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