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bounded rationality, Herbert Simon

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 researchers from different countries and working in different areas attended the event. The conference focused on three topics which were identified as particularly relevant in…

bounded rationality

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 influenced you over the years Herbert Simon and Douglass North have both been very influential on my work: Herbert Simon for his work on rational…

behavioral economics, bounded rationality, cognition, cognitive systems, complexity, computational psychology, david levine, neuroeconomics, neuromania, neurophilosophy, neuroscience, philosophy of mind, philosophy of social science, rationality, situated cognition, social cognition, social connectionism, social epistemology, social ontology, social psychology

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 Kahneman it will be interesting to see if Levine’s take on behavioral economics jibes with my take on Kahneman in particular and behavioral economics in…

behavioral economics, bounded rationality, cognitive closure, Deirdre McCloskey, extended cognitive systems, extended mind, externalism, hayek, herb gintis, Pete Boettke, self organizing systems, self-referentiality, situated cognition, social cognition, social connectionism, social epistemology, social ontology, social psychology, spontaneous order, spontaneous orders, stigmergic, stigmergic cognition, stigmergy, vernon smith

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 going by the name of V.Smith and includes luminaries such as McCloskey, Boettke, Gintis, Steel and others. My abstract: Mindscapes and Landscapes: Hayek and Simon on Cognitive Extension Hayek’s…

bounded rationality, cognitive closure, cognitive science, complex adaptive systems, complexity, computational intelligence, consciousness, Deirdre McCloskey, distributed cognition, distributed knowledge, Embedded, embodied cognition, extended cognitive systems, extended mind, externalism, herb gintis, Herbert Simon, stigmergic, stigmergic cognition, stigmergy, swarm, swarm behavior, swarm intelligence

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 it) and Herbert A. Simon: The Bounds of Reason in Modern America, an excellent intellectual biography. Speaking of Simon, I have a paper coming out entitled…

austrian economics, bounded rationality, cognition, cognitive closure, cognitive ecology, cognitive science, cognitive systems, Colin McGinn, collective intentionality, collective knowledge, complex adaptive systems, complexity, connectionism, cybernetics, distributed cognition, distributed knowledge, Economics, Embedded, embodied cognition, embodiment, emergence, enactivism, epistemic systems, epistemology, evolutionary psychology, extended cognitive systems, extended mind, externalism, freedom, individualism, philosophy of mind, philosophy of psychology, philosophy of social science, self organizing systems, self-referentiality, self-synchronizing systems, situated cognition, social cognition, social connectionism, social epistemology, social networking, social ontology, social psychology, socialism, sociocognition, sociology, spontaneous order, spontaneous orders

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. Hayekuse of knowledge in society

Amos Tversky, behavioral economics, bounded rationality, brain science, cognition, cognitive science, complexity, Daniel Kahneman, experiencing self, happiness, hayek, Herbert Simon, memory, neurophilosophy, personal identity, rationality, reflective self, remembering self, self, self-deception, self-referentiality, thinking fast and slow, well-being

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 very positive. Here he is outlining his experimental work in a Ted Talk. As a behavioral economist much of what he says about rationality will have…