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Multiple conceptions of resource rationality

Published online by Cambridge University Press:  11 March 2020

Wei Ji Ma
Affiliation:
New York University, New York, NY10003http://www.cns.nyu.edu/malab
Michael Woodford
Affiliation:
Department of Economics, Columbia University, New York, NY10027mw2230@columbia.eduhttp://blogs.cuit.columbia.edu/mw2230/

Abstract

Resource rationality holds great promise as a unifying principle across theories in neuroscience, cognitive science, and economics. The target article clearly lays out this potential for unification. However, resource-rational models are more diverse and less easily unified than might appear from the target article. Here, we explore some of that diversity.

Type
Open Peer Commentary
Copyright
Copyright © Cambridge University Press 2020

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