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Organizational Decisions in the Lab

The eleventh in a series of excerpts from Minds, Models and Milieux: Commemorating the Centennial of the Birth of Herbert Simon. Massimo Egidi “Bounded Rationality” is a label that gathers the most important advancements of Herbert Simon’s scientific production. His fundamental contributions to cognitive psychology and to the theory of problem solving were developed jointly, each…

The artwork for Theology and Geometry

The most excellent illustrator, Matt Dawson, who did the cover for Theology and Geometry discusses and shows his process for this labour of love. Matt is someone who has impeccable artistic instincts — always far exceeding my highest expectations. The book is now available via Amazon.com — Amazon.ca — Amazon.co.uk — Barnes  & Noble — Indigo.ca —…

. . . but our brain can’t understand the picture

Hayek already wrote in The Sensory Order (1952) that “An apparatus of classification cannot explain anything more complex than itself” and that “The whole idea of the mind explaining itself is a logical contradiction’’. Hayek takes this incompleteness — the constitutional inability of mind to explain itself — to be a generalized case of Gödel’s Incompleteness Theorem. See…

Multiple Equilibria, Bounded Rationality, and the Indeterminacy of Economic Outcomes: Closing the System with Institutional Parameters

The tenth in a series of excerpts from Minds, Models and Milieux: Commemorating the Centennial of the Birth of Herbert Simon. Morris Altman A critical point made by behavioral economists from a wide set of methodological perspectives is that individuals typically do not make decisions that are consistent with conventional economic theoretical norms of rational…

Mr. Toole

Surprisingly enough, I hadn’t come across this before. Apparently the playwright was a student of Toole’s. If you are a Confederacy fan catch the show here. a confederacy of duncesJohn Kennedy Toolenew orleansVivian Neuwirth