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Author: Howard Margolis
Publisher: Routledge
Published: 2007-10-17
Total Pages: 252
ISBN-13: 1135990522
DOWNLOAD EBOOK →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.
Author: Arthur Lupia
Publisher: Cambridge University Press
Published: 2000-10-09
Total Pages: 348
ISBN-13: 9780521653329
DOWNLOAD EBOOK →Advances in the social sciences are used to uncover cognitive foundations of social decision making.
Author: Karen Schweers Cook
Publisher: University of Chicago Press
Published: 2008-10-03
Total Pages: 436
ISBN-13: 0226742415
DOWNLOAD EBOOK →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.
Author: Riccardo Viale
Publisher: Routledge
Published: 2020-12-02
Total Pages: 844
ISBN-13: 131733079X
DOWNLOAD EBOOK →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.
Author: Shaun Gallagher
Publisher: Frontiers Media SA
Published: 2023-09-07
Total Pages: 154
ISBN-13: 2832533434
DOWNLOAD EBOOK →Author: Reid Hastie
Publisher: SAGE
Published: 2010
Total Pages: 393
ISBN-13: 1412959039
DOWNLOAD EBOOK →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.
Author: Parag Kulkarni
Publisher: Springer Nature
Published: 2022-08-28
Total Pages: 254
ISBN-13: 9811940592
DOWNLOAD EBOOK →This book presents thoughts and pathways to build revolutionary machine learning models with the new paradigm of machine learning to adapt behaviorism. It focuses on two aspects – one focuses on architecting a choice process to lead users on the certain choice path while the second focuses on developing machine learning models based on choice paradigm. This book is divided in three parts where part one deals with human choice and choice architecting models with stories of choice architects. Second part closely studies human choosing models and deliberates on developing machine learning models based on the human choice paradigm. Third part takes you further to look at machine learning based choice architecture. The proposed pioneering choice-based paradigm for machine learning presented in the book will help readers to develop products – help readers to solve problems in a more humanish way and to negotiate with uncertainty in a more graceful but in an objective way. It will help to create unprecedented value for business and society. Further, it will unveil a new paradigm for modern intelligent businesses to embark on the new journey; the journey of transition from shackled feature rich and choice poor systems to feature flexible and choice rich natural behaviors.
Author: Robert D. Rupert
Publisher: Oxford University Press
Published: 2009-08-19
Total Pages: 288
ISBN-13: 0199888647
DOWNLOAD EBOOK →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.
Author: Richard Dietz
Publisher: Springer Nature
Published: 2019-09-17
Total Pages: 183
ISBN-13: 3030159310
DOWNLOAD EBOOK →This volume presents new conceptual and experimental studies which investigate the connection between vagueness and rationality from various systematic directions, such as philosophy, linguistics, cognitive psychology, computing science, and economics. Vagueness in language use and cognition has traditionally been interpreted in epistemic or semantic terms. The standard view of vagueness specifically suggests that considerations of agency or rationality, broadly conceived, can be left out of the equation. Most recently, new literature on vagueness has been released which suggests that the standard view is inadequate and that considerations of rationality should factor into more comprehensive models of vagueness. The methodological approaches presented here are diverse, ranging from philosophical interpretations of rational credence for vagueness to adaptations of choice theory (dynamic choice theory, revealed preference models, social choice theory), probabilistic models of pragmatic reasoning (Bayesian pragmatics), evolutionary game theory, and conceptual space models of categorisation.
Author: John L. Pollock
Publisher: Oxford University Press
Published: 2006-07-27
Total Pages: 280
ISBN-13: 0195304810
DOWNLOAD EBOOK →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.
