A Framework For Cognitive Economics
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A Framework For Cognitive Economics
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Author : Roger Mccain
language : en
Publisher: Praeger
Release Date : 1992-08-21
A Framework For Cognitive Economics written by Roger Mccain and has been published by Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-08-21 with Business & Economics categories.
This is the first book-length work to integrate the insights of cognitive science fully into economics. It reviews a wide range of related work in both fields and proposes new approaches to choice theory, rationality, and interaction (equilibrium) that are consistent with the limited cognitive capacity of real human beings. While joining with neoclassical economics in supporting the validity of supply-and-demand theory where it is literally applicable, McCain challenges most neoclassical theory, especially monopoly, oligopoly, and general equilibrium theory and welfare economics. His work aims to further and unite recent notions of behavioral and social economics. This important work will be of interest to behavioral, social, and Keynesian economists, as well as other social scientists and philosophers interested in economic phenomena.
Cognitive Economics
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Author : Bernard Walliser
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-10-25
Cognitive Economics written by Bernard Walliser and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-10-25 with Business & Economics categories.
Written in an informal way, this book is addressed to philosophers or cognitive scientists curious of how economics deals with cognition and to graduate students in economics eager to discover how economics evolves. It aims at extending the framework of game theory in order to better fit with the results of rapidly increasing laboratory experiments concerned with individual choices and collective interactions.
Cognitive Economics
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Author : Paul Bourgine
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-20
Cognitive Economics written by Paul Bourgine and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-20 with Business & Economics categories.
The social sciences study knowing subjects and their interactions. A "cog nitive turn", based on cognitive science, has the potential to enrich these sciences considerably. Cognitive economics belongs within this movement of the social sciences. It aims to take into account the cognitive processes of individuals in economic theory, both on the level of the agent and on the level of their dynamic interactions and the resulting collective phenomena. This is an ambitious research programme that aims to link two levels of com plexity: the level of cognitive phenomena as studied and tested by cognitive science, and the level of collective phenomena produced by the economic in teractions between agents. Such an objective requires cooperation, not only between economists and cognitive scientists but also with mathematicians, physicists and computer scientists, in order to renew, study and simulate models of dynamical systems involving economic agents and their cognitive mechanisms. The hard core of classical economics is the General Equilibrium Theory, based on the optimising rationality of the agent and on static concepts of equilibrium, following a point of view systemised in the framework of Game Theory. The agent is considered "rational" if everything takes place as if he was maximising a function representing his preferences, his utility function.
Cognitive Processes And Economic Behaviour
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Author : Marcello Basili
language : en
Publisher: Routledge
Release Date : 2012-12-06
Cognitive Processes And Economic Behaviour written by Marcello Basili and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
In recent years the understanding of the cognitive foundations of economic behavior has become increasingly important. This volume contains contributions from such leading scholars as Adam Brandenburger, Michael Bacharach and Patrick Suppes. It will be of great interest to academics and researchers involved in the field of economics and psychology as well as those interested in political economy more generally.
The Cognitive Basis Of Institutions
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Author : Shinji Teraji
language : en
Publisher: Academic Press
Release Date : 2018-02-16
The Cognitive Basis Of Institutions written by Shinji Teraji and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-02-16 with Business & Economics categories.
The Cognitive Basis of Institutions: A Synthesis of Behavioral and Institutional Economics synthesizes modern research in behavioral economics with traditional institutional economics. This work emphasizes that institution and agent are inextricably linked, and that both cognitive and institutional processes coalesce to influence human decision-making. It integrates cognition and institution through the behavioral economics theoretical lens of bounded rationality. Methodologically, it develops game-theoretical, complexity and neuroeconomic solutions to unite study of the two areas. The work concludes by proposing general implications for the economic study of decisions using the cognitive-institutional approach, also providing specific recommendations for public policy. Reveals how institutional structures and individual actions interact and coevolve cognitively Connects individual decision-making, decision-making processes and institutional formation Unites our understanding of cooperative ‘prosocial’ behavior with the institutional dynamics that may create it Discusses the implications of the behavioral-institutional paradigm for paternalism and libertarianism in public policy
Evolving Norms
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Author : Shinji Teraji
language : en
Publisher: Springer
Release Date : 2016-06-07
Evolving Norms written by Shinji Teraji and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-07 with Business & Economics categories.
This book presents institutional evolution and individual choice as codependent results of behavioral patterns. Drawing on F.A. Hayek's concepts of cognition and cultural evolution, Teraji demonstrates how the relationship between the sensory and social orders can allow economists to track social norms and their effects on the global economy. He redirects attention from the conventional focus on what an individual chooses to the changing social order that determines how an individual chooses. Cultural shifts provide the environmental feedback that challenges the mental models governing individual choice, creating a cycle of coevolution. Teraji develops a general framework from which to examine this symbiotic relationship in order to identify predictive patterns. Not just for behavioral economists, this book will also appeal to those who specialize in institutional economics, the philosophy of economics, and economic sociology.
Cognitive Developments In Economics
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Author : Salvatore Rizzello
language : en
Publisher: Routledge
Release Date : 2003-06-26
Cognitive Developments In Economics written by Salvatore Rizzello and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-06-26 with Business & Economics categories.
Cognitive Developments in Economics proposes an interdisciplinary approach to the study of human problem solving, choice, decision-making and change, to explain economic transactions, and the nature and evolution of organisations and institutions. The book contributes to a large spectrum of economic fields such as consumer theory, economics of the
Social Neuroeconomics
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Author : Jens Harbecke
language : en
Publisher: Routledge
Release Date : 2020-09-23
Social Neuroeconomics written by Jens Harbecke and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-23 with Business & Economics categories.
Neuroeconomics has emerged as a paradigmatic field where neuroscience and the social sciences are integrated in one analytical and empirical approach. However, the different disciplines involved often only relate to each other via the shared object of research, and less through the constructing of precise models of integrative mechanisms. Social Neuroeconomics explores the potential of philosophical and methodological reflections in the neurosciences and the social sciences to inform those efforts at cross-disciplinary integration, with a special focus on recent contributions to mechanistic explanations. The collected essays are drawn from the fields of neuroscience, psychology, economics, sociology and philosophy, and examine the ways and methods of constructing unified conceptual frameworks that can guide empirical work and hypothesis building. This is demonstrated in a range of applications, particularly regarding finance and consumer behavior. The concept of the ‘social brain’ is also explored; a multilevel framework in which complex analytical categories such as emotions or socially mediated cognitive processes connect neuronal and social phenomena in specific mechanisms that generate behavior. This book addresses a wide audience across the various disciplines, reaching from the neurosciences to the social sciences and philosophy.
Economics And Cognitive Science
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Author : Paul Bourgine
language : en
Publisher: Elsevier
Release Date : 2014-06-28
Economics And Cognitive Science written by Paul Bourgine and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-28 with Psychology categories.
Economics, dealing with mental processes of decision makers is part of cognitive science; conversely, cognitive science, faced with constraints on information processing, is part of economics. In July 1990, the Cecoia 2 conference was organised in Paris to further explore the connections between the two. The papers presented in this volume illustrate this truly interdisciplinary research intertwining social and cognitive sciences. Three main topics are represented: agent's mental representation when facing complex uncertainty; agent's computational constraints leading to bounded rationality; agent's learning and evolution in an imperfectly known environment.
Work Activity Studies Within The Framework Of Ergonomics Psychology And Economics
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Author : Gregory Z. Bedny
language : en
Publisher: CRC Press
Release Date : 2018-09-21
Work Activity Studies Within The Framework Of Ergonomics Psychology And Economics written by Gregory Z. Bedny and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-21 with Technology & Engineering categories.
Systemic-structural activity theory (SSAT), founded by Gregory Bedny, is a relatively new unified framework for the study of efficiency of human performance, equipment, and software design. This book presents new recently obtained data in the field of SSAT that can be used in the study of efficiency and complexity of human performance. With increased cognitive demands to task performance, psychological methods of study of human activity play an important role. New principles and revised methods for the study of human work are supplemented by practical examples in manufacturing, construction industry, aviation, and human-computer interaction. Features: Presents new SSAT data Offers, for the first time, comparative analysis of studying efficiency and productivity from the perspective of ergonomics, psychology, and economics Includes examples of evaluation of economic efficiency of ergonomic innovations Provides advanced self-regulative models of activity and of all cognitive processes that describe strategies of task performance Introduces a new efficient method of morphological and analytical quantitative analysis Discusses new methods of evaluation of complexity and reliability of highly variable computerized and computer-based tasks Work Activity Studies Within the Framework of Ergonomics, Psychology, and Economics presents a comprehensive unified psychological theory that can be utilized as a general approach to the study of human activity not only for ergonomists and psychologists, but also for economists that study the efficiency of human performance.
