Article,

A Behavioral Model of Rational Choice

.
Quarterly J. of Economics, 69 (1): 99--118 (1955)
DOI: 10.2307/1884852

Abstract

The ideas embodied in this paper were initially developed in a series of discussions with Herbert Bohnert, Norman Dalkey, Gerald Thompson, and Robert Wolfson during the summer of 1952. These collaborators deserve a large share of the credit for whatever merit this approach to rational choice may possess. A first draft of this paper was prepared in my capacity as a consultant to the RAND Corporation. It has been developed further (including the Appendix) in work with the Cowles Commission for Research in Economics on “Decision Making Under Uncertainty,� under contract with the Office of Naval Research, and has been completed with the aid of a grant from the Ford Foundation.

Tags

Users

  • @krevelen
  • @acslab
  • @maksim

Comments and Reviews