Seminar paragraph. Define Ecological Rationality and Its Relationship with Bounded Rationality (Essay Sample)
After reading the chapter from Gigerenzer, please write a paragraph or two answering for each of the following questions:
Define ecological rationality and its relationship with bounded rationality:
What are the differences between ecological rationality and other normative models of rationality?
Define Ecological Rationality and Its Relationship with Bounded Rationality
Ecological rationality is a premise that claims a decision’s rationality is dependent on the conditions that formed its occurrence so as to accomplish an individual’s goals in the specified context. Conversely, the “rational choice theory” claims that rationality that is practical involves decision-making processes that adhere to some rigid rules. The theory disregards the context that ecological rationality supports (Gigerenzer, 2016).
You Might Also Like Other Topics Related to relationship:
- Relationship between Inflation and Unemployment. Economics Essay Description: Inflation and unemployment rate are the most important indicators in an economy and the key determinants of underdevelopment. The two elements have socio-economic impacts on the population of the country where the process occurs. Unemployment is the significant waste or underutilization...4 pages/≈1100 words | APA | Mathematics & Economics | Essay |
- Ethical and Clinical Challenges in Responding to Psychotherapy PatientsDescription: Psychotherapists often deal with people who are mentally facing challenges ranging from mental health problems, emotional challenges as well as psychiatric disorders....1 page/≈275 words | APA | Psychology | Essay |
- Social Media Use Increases Depression And LonelinessDescription: The news article reports the relationship between social media usage and depression and loneliness in people. The article reports that spending too much time in social media makes people compare their lives with those of others which make them feel that their life is not worthy increasing depression...3 pages/≈825 words | 1 Source | APA | Literature & Language | Research Paper |