bounded rationality

Bounded Rationality Updated

Special issue of Mind & Society. (H/T to Francesco Di Iorio) From April 8th to 10th 2013, the Herbert Simon Society held its first General Conference in New York. About fifty…

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Elinor Ostrom

Somehow the passing of Elinor did not come to my attention. Here is IU’s remembrance page. Economist obituary Tell me about some of the key people and publications that have…

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Is Behavioral Economics Doomed?

Here is a skeptical take on the insights supposedly offered by the rise of behavioral economics as represented by Daniel Kahneman and others. Since I’m in the process of reviewing…

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Hayek and Behavioral Economics: Mindscapes and Landscapes: Hayek and Simon on Cognitive Extension

I see that the publisher now has a fully detailed page up for a volume that I’ve been privileged to be a part of. The Foreword is by a very nice chappie…

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Remembering Herbert Simon

Simon died this day in 2001. Check out these two books – Models of a Man (as with most edited books this is uneven, but there is still much to recommend…

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Hayek and the “Use of Knowledge in Society”

Here is a draft of my entry for the SAGE Encyclopedia of Philosophy and the Social Sciences.

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Daniel Kahneman on Cognitive Traps

Daniel Kahneman’s recently released book Thinking, Fast and Slow aimed at a popular audience is certainly generating a great deal of press, so far as I can tell, most of it…

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