Cognition And Extended Rational Choice
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Cognition And Extended Rational Choice
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Author : Howard Margolis
language : en
Publisher: Routledge
Release Date : 2007-10-17
Cognition And Extended Rational Choice written by Howard Margolis and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-10-17 with Business & Economics categories.
One of the most exciting recent innovations in the social sciences has been the emergence of 'behaviour economics', which extends the notion of rational choice to allow for both motivation beyond self-interest and intuitions that cannot be reduced to the logic of a situation. This new book by Howard Margolis demonstrates how an account of widely-discussed topics, from tipping points in social choice to cognitive illusions and experimental anomalies, can be brought within a coherent framework. Starting from Darwin's own comments on the origins of moral concerns and from a review of notorious cognitive illusions, Margolis shows how rational choice theory can be extended to incorporate social as well as self-interested motivation, but allowing for the cognitive complications that can be expected in domains well-outside familiar experience. This yields a coherent account of many otherwise mystifying results from cooperation experiments. This book will be of great interest not only to students and researchers in behavioral and experimental economics but across the social sciences.
Elements Of Reason
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Author : Arthur Lupia
language : en
Publisher: Cambridge University Press
Release Date : 2000-10-09
Elements Of Reason written by Arthur Lupia and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-10-09 with Philosophy categories.
Advances in the social sciences are used to uncover cognitive foundations of social decision making.
The Limits Of Rationality
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Author : Karen Schweers Cook
language : en
Publisher: University of Chicago Press
Release Date : 2008-10-03
The Limits Of Rationality written by Karen Schweers Cook and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-10-03 with Political Science categories.
Prevailing economic theory presumes that agents act rationally when they make decisions, striving to maximize the efficient use of their resources. Psychology has repeatedly challenged the rational choice paradigm with persuasive evidence that people do not always make the optimal choice. Yet the paradigm has proven so successful a predictor that its use continues to flourish, fueled by debate across the social sciences over why it works so well. Intended to introduce novices to rational choice theory, this accessible, interdisciplinary book collects writings by leading researchers. The Limits of Rationality illuminates the rational choice paradigm of social and political behavior itself, identifies its limitations, clarifies the nature of current controversies, and offers suggestions for improving current models. In the first section of the book, contributors consider the theoretical foundations of rational choice. Models of rational choice play an important role in providing a standard of human action and the bases for constitutional design, but do they also succeed as explanatory models of behavior? Do empirical failures of these explanatory models constitute a telling condemnation of rational choice theory or do they open new avenues of investigation and theorizing? Emphasizing analyses of norms and institutions, the second and third sections of the book investigate areas in which rational choice theory might be extended in order to provide better models. The contributors evaluate the adequacy of analyses based on neoclassical economics, the potential contributions of game theory and cognitive science, and the consequences for the basic framework when unequal bargaining power and hierarchy are introduced.
Routledge Handbook Of Bounded Rationality
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Author : Riccardo Viale
language : en
Publisher: Routledge
Release Date : 2020-12-02
Routledge Handbook Of Bounded Rationality written by Riccardo Viale and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-02 with Business & Economics categories.
Herbert Simon’s renowned theory of bounded rationality is principally interested in cognitive constraints and environmental factors and influences which prevent people from thinking or behaving according to formal rationality. Simon’s theory has been expanded in numerous directions and taken up by various disciplines with an interest in how humans think and behave. This includes philosophy, psychology, neurocognitive sciences, economics, political science, sociology, management, and organization studies. The Routledge Handbook of Bounded Rationality draws together an international team of leading experts to survey the recent literature and the latest developments in these related fields. The chapters feature entries on key behavioural phenomena, including reasoning, judgement, decision making, uncertainty, risk, heuristics and biases, and fast and frugal heuristics. The text also examines current ideas such as fast and slow thinking, nudge, ecological rationality, evolutionary psychology, embodied cognition, and neurophilosophy. Overall, the volume serves to provide the most complete state-of-the-art collection on bounded rationality available. This book is essential reading for students and scholars of economics, psychology, neurocognitive sciences, political sciences, and philosophy.
Better Than Conscious
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Author : Christoph Engel
language : en
Publisher: MIT Press
Release Date : 2008
Better Than Conscious written by Christoph Engel and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Cognitive neuroscience categories.
Experts discuss the implications of the ways humans reach decisions through the conscious and subconscious processing of information.
Rational Choice In An Uncertain World
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Author : Reid Hastie
language : en
Publisher: SAGE
Release Date : 2010
Rational Choice In An Uncertain World written by Reid Hastie and has been published by SAGE this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Psychology categories.
In the Second Edition of Rational Choice in an Uncertain World the authors compare the basic principles of rationality with actual behaviour in making decisions. They describe theories and research findings from the field of judgment and decision making in a non-technical manner, using anecdotes as a teaching device. Intended as an introductory textbook for advanced undergraduate and graduate students, the material not only is of scholarly interest but is practical as well. The Second Edition includes: - more coverage on the role of emotions, happiness, and general well-being in decisions - a summary of the new research on the neuroscience of decision processes - more discussion of the adaptive value of (non-rational heuristics) - expansion of the graphics for decision trees, probability trees, and Venn diagrams.
Thinking About Acting
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Author : John L. Pollock
language : en
Publisher: Oxford University Press
Release Date : 2006-07-27
Thinking About Acting written by John L. Pollock and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-07-27 with Business & Economics categories.
This work aims to construct a theory of rational decision making for real, resource-bounded, agents. Such decision making must be based on objective probabilities rather than subjective probabilities, and can't be done by choosing single action with maxmimal expected values.
Thinking And Deciding
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Author : Jonathan Baron
language : en
Publisher: Cambridge University Press
Release Date : 2006-10-22
Thinking And Deciding written by Jonathan Baron and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-10-22 with Psychology categories.
Beginning with its first edition and through subsequent editions, Thinking and Deciding has established itself as the required text and important reference work for students and scholars of human cognition and rationality. In this fourth edition, first published in 2007, Jonathan Baron retains the comprehensive attention to the key questions addressed in the previous editions - how should we think? What, if anything, keeps us from thinking that way? How can we improve our thinking and decision making? - and his expanded treatment of topics such as risk, utilitarianism, Baye's theorem, and moral thinking. With the student in mind, the fourth edition emphasises the development of an understanding of the fundamental concepts in judgement and decision making. This book is essential reading for students and scholars in judgement and decision making and related fields, including psychology, economics, law, medicine, and business.
Who Is Rational
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Author : Keith E. Stanovich
language : en
Publisher: Psychology Press
Release Date : 1999-04-01
Who Is Rational written by Keith E. Stanovich and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-04-01 with Psychology categories.
Integrating a decade-long program of empirical research with current cognitive theory, this book demonstrates that psychological research has profound implications for current debates about what it means to be rational. The author brings new evidence to bear on these issues by demonstrating that patterns of individual differences--largely ignored in disputes about human rationality--have strong implications for explanations of the gap between normative and descriptive models of human behavior. Separate chapters show how patterns of individual differences have implications for all of the major critiques of purported demonstrations of human irrationality in the heuristics and biases literature. In these critiques, it has been posited that experimenters have observed performance errors rather than systematically irrational responses; the tasks have required computational operations that exceed human cognitive capacity; experimenters have applied the wrong normative model to the task; and participants have misinterpreted the tasks. In a comprehensive set of studies, Stanovich demonstrates that gaps between normative and descriptive models of performance on some tasks can be accounted for by positing these alternative explanations, but that not all discrepancies from normative models can be so explained. Individual differences in rational thought can in part be predicted by psychological dispositions that are interpreted as characteristic biases in people's intentional-level psychologies. Presenting the most comprehensive examination of individual differences in the heuristics and biases literature that has yet been published, experiments and theoretical insights in this volume contextualize the heuristics and biases literature exemplified in the work of various investigators.
Cognitive Systems And The Extended Mind
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Author : Robert D. Rupert
language : en
Publisher: Oxford University Press
Release Date : 2009-08-19
Cognitive Systems And The Extended Mind written by Robert D. Rupert and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-08-19 with Philosophy categories.
Cognitive Systems and the Extended Mind surveys philosophical issues raised by the situated movement in cognitive science, that is, the treatment of cognitive phenomena as the joint products of brain, body, and environment.