articleMar 19, 2026GREEN OA

The bounded rationality of probabilistic mental models

GGGerd Gigerenzer

University of Chicago

Indexed incrossref

Abstract

Imagine you are a subject in a psychological experiment. In front of you is a text problem, and you begin to read: Linda is 31 years old, single, outspoken and very bright. She majored in philosophy. As a student, she was deeply concerned with issues of discrimination and social justice, and also participated in antinuclear demonstrations. Which of two alternatives is more Linda is a bank teller. Linda is a bank teller and is active in the feminist movement.

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Topics & keywords

Topics
Keywords
  • Bounded rationality
  • Probabilistic logic
  • Bounded function
  • Rationality
  • Mathematics
  • Computer science
  • Mathematical economics
  • Calculus (dental)
UN Sustainable Development Goals
  • Reduced inequalities
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