Download or read book Bounded Thinking written by Adam Morton and published by Oxford University Press. This book was released on 2012-11-08 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bounded Thinking offers a new account of the virtues of limitation management: intellectual virtues of adapting to the fact that we cannot solve many problems that we can easily describe. Adam Morton argues that we do give one another guidance on managing our limitations, but that this has to be in terms of virtues and not of rules, and in terms of success—knowledge and accomplishment—rather than rationality. He establishes a taxonomy of intellectual virtues, which includes 'paradoxical virtues' that sound like vices, such as the virtue of ignoring evidence and the virtue of not thinking too hard. There are also virtues of not planning ahead, in that some forms of such planning require present knowledge of one's future knowledge that is arguably impossible. A person's best response to many problems depends not on the most rationally promising solution to solving them but on the most likely route to success given the profile of intellectual virtues that the person has and lacks. Morton illustrates his argument with discussions of several paradoxes and conundra. He closes the book with a discussion of intelligence and rationality, and argues that both have very limited usefulness in the evaluation of who will make progress on which problems.
Download or read book Bounded Thinking written by Adam Morton and published by OUP Oxford. This book was released on 2012-11-08 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bounded Thinking offers a new account of the virtues of limitation management: intellectual virtues of adapting to the fact that we cannot solve many problems that we can easily describe. Adam Morton argues that we do give one another guidance on managing our limitations, but that this has to be in terms of virtues and not of rules, and in terms of success—knowledge and accomplishment—rather than rationality. He establishes a taxonomy of intellectual virtues, which includes 'paradoxical virtues' that sound like vices, such as the virtue of ignoring evidence and the virtue of not thinking too hard. There are also virtues of not planning ahead, in that some forms of such planning require present knowledge of one's future knowledge that is arguably impossible. A person's best response to many problems depends not on the most rationally promising solution to solving them but on the most likely route to success given the profile of intellectual virtues that the person has and lacks. Morton illustrates his argument with discussions of several paradoxes and conundra. He closes the book with a discussion of intelligence and rationality, and argues that both have very limited usefulness in the evaluation of who will make progress on which problems.
Download or read book Economics Bounded Rationality and the Cognitive Revolution written by The late Herbert A. Simon and published by Edward Elgar Publishing. This book was released on with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to publish the ideas of the late Herbert Simon and sympathetic economists, on the subject of bounded rationality, economics, cognitive science and related disciplines, and to reprint some of Professor Simon's classic papers which have appeared in journals not widely read by economists. Not only on account of his Nobel Prize in Economics, but also because of the widespread applications of his ideas and theories, it is especially valuable to readers to have a book of this kind at the present time. Currently in this whole field, there is increasing emphasis on computer-related theory building. Herbert Simon, beginning from the time when microcomputers did not exist, was a pioneer of this approach. The book begins with an edited transcript of a colloquium, held between Herbert Simon and a group of Italian economists in Italy in 1988. It continues with the reprinted Simon papers and papers by three scholars, Raymond Boudon, Massimo Egidi and Riccardo Viale coming from different disciplines but holding a common interest in bounded rationality and ends with a response by a sympathetic economist, Robin Marris.
Download or read book Bounded Rationality written by Gerd Gigerenzer and published by MIT Press. This book was released on 2002-07-26 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a complex and uncertain world, humans and animals make decisions under the constraints of limited knowledge, resources, and time. Yet models of rational decision making in economics, cognitive science, biology, and other fields largely ignore these real constraints and instead assume agents with perfect information and unlimited time. About forty years ago, Herbert Simon challenged this view with his notion of "bounded rationality." Today, bounded rationality has become a fashionable term used for disparate views of reasoning. This book promotes bounded rationality as the key to understanding how real people make decisions. Using the concept of an "adaptive toolbox," a repertoire of fast and frugal rules for decision making under uncertainty, it attempts to impose more order and coherence on the idea of bounded rationality. The contributors view bounded rationality neither as optimization under constraints nor as the study of people's reasoning fallacies. The strategies in the adaptive toolbox dispense with optimization and, for the most part, with calculations of probabilities and utilities. The book extends the concept of bounded rationality from cognitive tools to emotions; it analyzes social norms, imitation, and other cultural tools as rational strategies; and it shows how smart heuristics can exploit the structure of environments.
Download or read book Routledge Handbook of Bounded Rationality written by Riccardo Viale and published by Routledge. This book was released on 2020-12-02 with total page 681 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Bounded Choice written by Janja A. Lalich and published by University of California Press. This book was released on 2020-11-30 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Heaven's Gate, a secretive group of celibate "monks" awaiting pickup by a UFO, captured intense public attention in 1997 when its members committed collective suicide. As a way of understanding such perplexing events, many have seen those who join cults as needy, lost souls, unable to think for themselves. This book, a compelling look at the cult phenomenon written for a wide audience, dispels such simple formulations by explaining how normal, intelligent people can give up years of their lives—and sometimes their very lives—to groups and beliefs that appear bizarre and irrational. Looking closely at Heaven's Gate and at the Democratic Workers Party, a radical political group of the 1970s and 1980s, Janja Lalich gives us a rare insider's look at these two cults and advances a new theoretical framework that will reshape our understanding of those who join such groups. Lalich's fascinating discussion includes her in-depth interviews with cult devotees as well as reflections gained from her own experience as a high-ranking member of the Democratic Workers Party. Incorporating classical sociological concepts such as "charisma" and "commitment" with more recent work on the social psychology of influence and control, she develops a new approach for understanding how charismatic cult leaders are able to dominate their devotees. She shows how members are led into a state of "bounded choice," in which they make seemingly irrational decisions within a context that makes perfect sense to them and is, in fact, consistent with their highest aspirations. In addition to illuminating the cult phenomenon in the United States and around the world, this important book also addresses our pressing need to know more about the mentality of those true believers who take extreme or violent measures in the name of a cause.
Download or read book Cognitive Unconscious and Human Rationality written by Laura Macchi and published by MIT Press. This book was released on 2016-03-18 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the role of implicit, unconscious thinking on reasoning, decision making, problem solving, creativity, and its neurocognitive basis, for a genuinely psychological conception of rationality. This volume contributes to a current debate within the psychology of thought that has wide implications for our ideas about creativity, decision making, and economic behavior. The essays focus on the role of implicit, unconscious thinking in creativity and problem solving, the interaction of intuition and analytic thinking, and the relationship between communicative heuristics and thought. The analyses move beyond the conventional conception of mind informed by extra-psychological theoretical models toward a genuinely psychological conception of rationality—a rationality no longer limited to conscious, explicit thought, but able to exploit the intentional implicit level. The contributors consider a new conception of human rationality that must cope with the uncertainty of the real world; the implications of abandoning the normative model of classic logic and adopting a probabilistic approach instead; the argumentative and linguistic aspects of reasoning; and the role of implicit thought in reasoning, creativity, and its neurological base. Contributors Maria Bagassi, Linden J. Ball, Jean Baratgin, Aron K. Barbey, Tilmann Betsch, Eric Billaut, Jean-François Bonnefon, Pierre Bonnier, Shira Elqayam, Keith Frankish, Gerd Gigerenzer, Ken Gilhooly, Denis Hilton, Anna Lang, Stefanie Lindow, Laura Macchi, Hugo Mercier, Giuseppe Mosconi, Ian R. Newman, Mike Oaksford, David Over, Guy Politzer, Johannes Ritter, Steven A. Sloman, Edward J. N. Stupple, Ron Sun, Nicole H. Therriault, Valerie A. Thompson, Emmanuel Trouche-Raymond, Riccardo Viale
Download or read book Modeling Bounded Rationality written by Ariel Rubinstein and published by MIT Press. This book was released on 1998 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: The notion of bounded rationality was initiated in the 1950s by Herbert Simon; only recently has it influenced mainstream economics. In this book, Ariel Rubinstein defines models of bounded rationality as those in which elements of the process of choice are explicitly embedded. The book focuses on the challenges of modeling bounded rationality, rather than on substantial economic implications. In the first part of the book, the author considers the modeling of choice. After discussing some psychological findings, he proceeds to the modeling of procedural rationality, knowledge, memory, the choice of what to know, and group decisions.In the second part, he discusses the fundamental difficulties of modeling bounded rationality in games. He begins with the modeling of a game with procedural rational players and then surveys repeated games with complexity considerations. He ends with a discussion of computability constraints in games. The final chapter includes a critique by Herbert Simon of the author's methodology and the author's response. The Zeuthen Lecture Book series is sponsored by the Institute of Economics at the University of Copenhagen.
Download or read book Bounded Rationality written by Sanjit Dhami and published by MIT Press. This book was released on 2022-07-12 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two leaders in the field explore the foundations of bounded rationality and its effects on choices by individuals, firms, and the government. Bounded rationality recognizes that human behavior departs from the perfect rationality assumed by neoclassical economics. In this book, Sanjit Dhami and Cass R. Sunstein explore the foundations of bounded rationality and consider the implications of this approach for public policy and law, in particular for questions about choice, welfare, and freedom. The authors, both recognized as experts in the field, cover a wide range of empirical findings and assess theoretical work that attempts to explain those findings. Their presentation is comprehensive, coherent, and lucid, with even the most technical material explained accessibly. They not only offer observations and commentary on the existing literature but also explore new insights, ideas, and connections. After examining the traditional neoclassical framework, which they refer to as the Bayesian rationality approach (BRA), and its empirical issues, Dhami and Sunstein offer a detailed account of bounded rationality and how it can be incorporated into the social and behavioral sciences. They also discuss a set of models of heuristics-based choice and the philosophical foundations of behavioral economics. Finally, they examine libertarian paternalism and its strategies of “nudges.”
Download or read book Cognitive Psychology written by Michael W. Eysenck and published by Psychology Press. This book was released on 2015-02-11 with total page 1005 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rigorously researched and accessibly written, Cognitive Psychology: A Student’s Handbook is widely regarded as the leading undergraduate textbook in the field. The book is clearly organised, and offers comprehensive coverage of all the key areas of cognitive psychology. With a strong focus on considering human cognition in context, the book has been designed to help students develop a thorough understanding of the fundamentals of cognitive psychology, providing them with detailed knowledge of the very latest advances in the field. New to this edition: Thoroughly revised throughout to include the latest research and developments in the field Extended coverage of cognitive neuroscience Additional content on computational cognitive science New and updated case studies demonstrating real life applications of cognitive psychology Fully updated companion website Cognitive Psychology: A Student’s Handbook will be essential reading for all undergraduate students of psychology. Those taking courses in computer science, education, linguistics, physiology, and medicine will also find it an invaluable resource.
Download or read book Cultural Intelligence Youth Family and Culture written by David A. Livermore and published by Baker Academic. This book was released on 2009-02-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twenty-first-century society is diverse, and Christians must be able to understand other cultures and communicate effectively between and among them. Following up on the bestselling Hurt: Inside the World of Today's Teenagers, this new addition to the Youth, Family, and Culture series explores the much-needed skill of Cultural Intelligence (CQ), the ability to work effectively across national, ethnic, and even organizational cultures. While rooted in sound, scholarly research, Cultural Intelligence is highly practical and accessible to general readers. It will benefit students as well as guide ministry leaders interested in increasing their cultural awareness and sensitivity. Packed with assessment tools, simulations, case studies, and exercises, Cultural Intelligence will help transform individuals and organizations into effective intercultural communicators of the gospel. EXCERPT What do you do when you encounter someone who isn't like you? How do you feel? What goes on inside you? How do you relate to him or her? These are the kinds of questions we want to explore in this book. Few things are more basic to life than expressing love and respect for people who look, think, believe, act, and see differently than we do. We want to adapt to the barrage of cultures around us while still remaining true to ourselves. We want to let the world change us so that we can be part of changing the world. And we want to move from the desire to love across the chasm of cultural difference to the ability to express our love for people of difference. Relating lovingly to our fellow human beings is central to what it means to be human. And when it comes down to it, Christian ministry at its core is interacting with all kinds of people in ways that give them glimpses of Jesus in us. The billions of us sharing planet Earth together have so much in common. We're all born. We all die. We're all created in the image of God. We eat, sleep, persevere, and care for our young. We long for meaning and purpose, and we develop societies with those around us. But the way we go about the many things we have in common is deeply rooted in our unique personalities and cultures. So although we have so much in common, we have as much or more about us that's different.
Download or read book Thinking about Acting written by John L. Pollock and published by Oxford University Press. This book was released on 2006-07-27 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Pollock aims to construct a theory of rational decision making for real agents--not ideal agents. Real agents have limited cognitive powers, but traditional theories of rationality have applied only to idealized agents that lack such constraints. Pollock argues that theories of ideal rationality are largely irrelevant to the decision making of real agents. Thinking about Acting aims to provide a theory of "real rationality."
Download or read book Adaptive Thinking written by Gerd Gigerenzer and published by Oxford University Press. This book was released on 2002-03-07 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Where do new ideas come from? What is social intelligence? Why do social scientists perform mindless statistical rituals? This vital book is about rethinking rationality as adaptive thinking: to understand how minds cope with their environments, both ecological and social.Gerd Gigerenzer proposes and illustrates a bold new research program that investigates the psychology of rationality, introducing the concepts of ecological, bounded, and social rationality. His path-breaking collection takes research on thinking, social intelligence, creativity, and decision-making out of an ethereal world where the laws of logic and probability reign, and places it into our real world of human behavior and interaction. Adaptive Thinking is accessibly written for general readers with an interest in psychology, cognitive science, economics, sociology, philosophy, artificial intelligence, and animal behavior. It also teaches a practical audience, such as physicians, AIDS counselors, and experts in criminal law, how to understand and communicate uncertainties and risks.
Download or read book Fashion and Utopia in Management Thinking written by René ten Bos and published by John Benjamins Publishing. This book was released on 2000-01-01 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Building upon some rather unusual sources in postmodern theory, the author argues that management fashion might encourage the practitioner to engage in philosophical self-examination and to adopt alternative forms of understanding. However, it is also argued that management fashion often fails to keep up to this promise because it remains paradoxically incapable of laying off its rationalist cloak."--BOOK JACKET.
Download or read book Inquiry Under Bounds written by David Thorstad and published by Oxford University Press. This book was released on 2024-06-27 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a [CC BY-NC-ND 4.0 International] licence. It is free to read on the Oxford Academic platform and offered as a free PDF download from OUP and selected open access locations. Herbert Simon held that the fundamental turn in the study of bounded rationality is the turn from substantive to procedural rationality. Theories of substantive rationality begin with normative questions about attitudes: what should we prefer, intend, or believe? By contrast, theories of procedural rationality begin with normative questions about processes of inquiry: how should we determine what to prefer, intend, or believe? If Simon was right, then the central task for theories of bounded rationality is to develop an account of rational inquiry for bounded agents. We need, that is, a theory of inquiry under bounds. Inquiry Under Bounds takes as its starting point a five-point bounded rationality program inspired by recent work in cognitive science. To elaborate on and defend that program, Thorstad argues we need an account of rational inquiry for bounded agents. Inquiry under bounds develops an account of rational inquiry for bounded agents: the reason-responsiveness consequentialist view. I use this account to clarify and defend key insights from the bounded tradition as well as to shed light on recent controversies in the epistemology of inquiry.
Download or read book Cognitive Integration written by R. Menary and published by Springer. This book was released on 2007-10-24 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that thinking is bounded by neither the brain nor the skin of an organism. Cognitive systems function through integration of neural and bodily functions with the functions of representational vehicles. The integrationist position offers a fresh contribution to the emerging embodied and embedded approach to the study of mind.
Download or read book Cognitive Developments in Economics written by Salvatore Rizzello and published by Routledge. This book was released on 2003-06-26 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book 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.
