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A classroom experiment on the causes and forms of bounded rationality in individual choice
The Journal of Economic Education ( IF 1.7 ) Pub Date : 2020-01-25 , DOI: 10.1080/00220485.2019.1687374
Anna Rita Bennato 1 , Adrian Gourlay 1 , Chris M. Wilson 1
Affiliation  

Abstract

Bounded rationality is a key concept with implications across all areas of economics. To help students better understand the nature, causes and forms of bounded rationality in individual choice, the authors present a flexible classroom experiment. Beyond providing students with some first-hand evidence of bounded rationality, the experiment shows how a range of factors can prompt bounded rationality and illustrates how it can manifest itself in the form of different behaviors. The experiment can be conducted with any number of students and takes approximately 30 minutes to conduct, with a further 10 to 20 minutes to reflect and debrief.



中文翻译:

关于个人选择中有限理性的原因和形式的课堂实验

摘要

有限的理性是一个关键概念,在经济学的各个领域都有着影响。为了帮助学生更好地理解个人选择中有限理性的性质,原因和形式,作者提出了一个灵活的课堂实验。除了向学生提供有限理性的第一手证据外,该实验还显示了一系列因素如何促使有限理性,并说明了它如何以不同行为的形式表现出来。该实验可以在任意数量的学生中进行,大约需要30分钟才能进行,还需要10到20分钟来进行反思和汇报。

更新日期:2020-01-25
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