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Related Experiment Video

Updated: Dec 26, 2025

The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies

The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies

Published on: August 25, 2023

Multiple conceptions of resource rationality.

Wei Ji Ma¹, Michael Woodford²

¹New York University, New York, NY10003http://www.cns.nyu.edu/malab.

The Behavioral and Brain Sciences

|March 12, 2020

Summary

This summary is machine-generated.

Resource rationality offers a unified framework for neuroscience, cognitive science, and economics. However, this paper reveals greater diversity in resource-rational models than previously suggested.

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Area of Science:

Neuroscience
Cognitive Science
Economics

Background:

Resource rationality is proposed as a unifying principle across multiple scientific disciplines.
The target article highlights the potential for unifying diverse theories under resource rationality.
Existing resource-rational models exhibit more diversity than initially apparent.

Purpose of the Study:

To explore the diversity within resource-rational models.
To provide a more nuanced understanding of resource rationality's applicability.

Main Methods:

Analysis of existing resource-rational models.
Comparative study of model diversity.

Main Results:

Resource-rational models are more varied than suggested by the target article.
Significant diversity exists within the framework of resource rationality.

Conclusions:

The unification potential of resource rationality requires acknowledging model diversity.
Further research is needed to reconcile the diversity within resource-rational models.