Dictionary
Allocation Decision: Principles & Practice
An allocation decision is the process of distributing scarce resources across competing priorities to optimize...
# Bounded Rationality
15 results
Scales
Switching Cost (Information Search Burden) (SCISB)
A comprehensive psychometric analysis of the Switching Cost (Information Search Burden) (SCISB) scale by Burnham,...
September 16, 2026
•
Dr. Mohammed Looti
Theories
Administrative Behavior Theory – Herbert A. Simon
A comprehensive academic analysis of Herbert A. Simon's Administrative Behavior Theory, bounded rationality, satisficing, and...
September 12, 2026
•
Dr. Mohammed Looti
Experiments
The Quantal Response Equilibrium Experiments – Richard McKelvey and Thomas
A comprehensive academic analysis of Richard McKelvey and Thomas Palfrey's Quantal Response Equilibrium framework and...
September 12, 2026
•
Dr. Mohammed Looti
Experiments
Thinking Experiments – Miguel Costa-Gomes, Vincent Crawford, and Bruno Broseta
A comprehensive academic analysis of the groundbreaking experimental game theory research by Miguel Costa-Gomes, Vincent...
September 12, 2026
•
Dr. Mohammed Looti
Experiments
Experiment – Vernon Smith, Gerry Suchanek, and Arlington Williams The Level-k
A comprehensive academic analysis of the Smith, Suchanek, and Williams asset market experiment through the...
September 12, 2026
•
Dr. Mohammed Looti
Experiments
Studies – Tali Sharot The Recognition Heuristic Experiment – Gerd Gigerenzer and
A comprehensive academic analysis of cognitive judgment, contrasting Tali Sharot's optimism bias experiments with Gerd...
September 12, 2026
•
Dr. Mohammed Looti
Experiments
Rationality Experiments – Herbert Simon The Satisficing vs. Maximizing Studies
A comprehensive analysis of Herbert Simon's bounded rationality, satisficing versus maximizing paradigms, empirical experiments, and...
September 12, 2026
•
Dr. Mohammed Looti
Experiments
Robert Axelrod The Paradox of Choice (The Jam Study) – Sheena Iyengar and Mark
A comprehensive academic analysis of choice overload, examining Sheena Iyengar and Mark Lepper's Jam Study...
September 12, 2026
•
Dr. Mohammed Looti
Experiments
Guessing Game – Rosemarie Nagel The Centipede Game Experiment – Richard
A comprehensive analysis of Rosemarie Nagel's guessing game and Richard Rosenthal's centipede game, exploring bounded...
September 12, 2026
•
Dr. Mohammed Looti
Experiments
Game Experiments – Ernst Fehr and Simon Gächter The Beauty Contest Game
A comprehensive academic analysis of Ernst Fehr and Simon Gächter's experimental contributions to strategic thinking...
September 12, 2026
•
Dr. Mohammed Looti
Scales
Maximization Scale
A comprehensive psychometric review of the Maximization Scale (MAX) by Schwartz et al. (2002) and...
September 7, 2026
•
Dr. Mohammed Looti