Cognition and Extended Rational Choice

Cognition and Extended Rational Choice
Author: Howard Margolis
Publisher: Routledge
Total Pages: 252
Release: 2007-10-17
Genre: Business & Economics
ISBN: 1135990522

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.

The Limits of Rationality

The Limits of Rationality
Author: Karen Schweers Cook
Publisher: University of Chicago Press
Total Pages: 436
Release: 2008-10-03
Genre: Political Science
ISBN: 0226742415

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.

Choice Computing: Machine Learning and Systemic Economics for Choosing

Choice Computing: Machine Learning and Systemic Economics for Choosing
Author: Parag Kulkarni
Publisher: Springer Nature
Total Pages: 254
Release: 2022-08-28
Genre: Technology & Engineering
ISBN: 9811940592

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.

The Rationality Of Political Protest

The Rationality Of Political Protest
Author: Karl-dieter Opp
Publisher: Routledge
Total Pages: 272
Release: 2019-09-16
Genre: Political Science
ISBN: 1000305066

The authors systematically apply rational choice theory in order to suggest hypotheses about political protest. They test these hypotheses by means of surveys and compare their rational choice hypotheses with competing hypotheses.

The Economics of Hate

The Economics of Hate
Author: Samuel Cameron
Publisher: Edward Elgar Publishing
Total Pages: 201
Release: 2009-01-01
Genre: Psychology
ISBN: 1848445970

A very timely treatment of one of mankind s most important topics. Tyler Cowen, George Mason University, US This important and highly original book explores the application of economics to the subject of hate via such diverse topics as war, terrorism, road rage, witchcraft mania, marriage and divorce, and bullying and harassment. As yet there is no overall economic approach to hate; Samuel Cameron pioneers this work by using standard neo-classical economics concepts of the utility-maximizing consumer and the entrepreneur. He examines emotions as a form of personal capital and hate as a form of negative social capital , and investigates the idea of a modular matrix of hatred as the appropriate means of examining the subject. The likely form and scope of future effects of hate on government policy are also discussed. Seeking to explore the dimensions of hate as a commodity from a wider economic perspective, this exceptional book will prove a fascinating read for those with an interest in the economic value of hatred in particular, and the economics of the unusual more generally.

Handbook of Behavioral and Cognitive Geography

Handbook of Behavioral and Cognitive Geography
Author: Daniel R. Montello
Publisher: Edward Elgar Publishing
Total Pages: 429
Release: 2018-04-27
Genre: Political Science
ISBN: 1784717541

This comprehensive Handbook summarizes existing work and presents new concepts and empirical results from leading scholars in the multidisciplinary field of behavioral and cognitive geography, the study of the human mind, and activity in and concerning space, place, and environment. It provides the broadest and most inclusive coverage of the field so far, including work relevant to human geography, cartography, and geographic information science.

Rational Choice in an Uncertain World

Rational Choice in an Uncertain World
Author: Reid Hastie
Publisher: SAGE
Total Pages: 393
Release: 2010
Genre: Business & Economics
ISBN: 1412959039

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.

Affect and Cognition in Criminal Decision Making

Affect and Cognition in Criminal Decision Making
Author: Jean-Louis van Gelder
Publisher: Routledge
Total Pages: 265
Release: 2013-11-26
Genre: Psychology
ISBN: 1135123101

Research and theorizing on criminal decision making has not kept pace with recent developments in other fields of human decision making. Whereas criminal decision making theory is still largely dominated by cognitive approaches such as rational choice-based models, psychologists, behavioral economists and neuroscientists have found affect (i.e., emotions, moods) and visceral factors such as sexual arousal and drug craving, to play a fundamental role in human decision processes. This book examines alternative approaches to incorporating affect into criminal decision making and testing its influence on such decisions. In so doing it generalizes extant cognitive theories of criminal decision making by incorporating affect into the decision process. In two conceptual and ten empirical chapters it is carefully argued how affect influences criminal decisions alongside rational and cognitive considerations. The empirical studies use a wide variety of methods ranging from interviews and observations to experimental approaches and questionnaires, and treat crimes as diverse as street robbery, pilfering, and sex offences. It will be of interest to criminologists, social psychologists, judgment and decision making researchers, behavioral economists and sociologists alike.

The Handbook of Rational Choice Social Research

The Handbook of Rational Choice Social Research
Author: Rafael Wittek
Publisher: Stanford University Press
Total Pages: 625
Release: 2013-06-05
Genre: Social Science
ISBN: 0804785503

The Handbook of Rational Choice Social Research offers the first comprehensive overview of how the rational choice paradigm can inform empirical research within the social sciences. This landmark collection highlights successful empirical applications across a broad array of disciplines, including sociology, political science, economics, history, and psychology. Taking on issues ranging from financial markets and terrorism to immigration, race relations, and emotions, and a huge variety of other phenomena, rational choice proves a useful tool for theory- driven social research. Each chapter uses a rational choice framework to elaborate on testable hypotheses and then apply this to empirical research, including experimental research, survey studies, ethnographies, and historical investigations. Useful to students and scholars across the social sciences, this handbook will reinvigorate discussions about the utility and versatility of the rational choice approach, its key assumptions, and tools.