The World Development Report 2015 is based on three main ideas: bounded rationality, which limit individuals’ ability to process information and lead them to rely on rules of thumb; social interdependence, which leads people to care about other people as we... view more
The World Development Report 2015 is based on three main ideas: bounded rationality, which limit individuals’ ability to process information and lead them to rely on rules of thumb; social interdependence, which leads people to care about other people as well as the social norms of their communities; and culture, which provides mental models that influence what individuals pay attention to, perceive, and understand.
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- Jan 29, 2021Joy Mildred Adhiambo
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