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Hayek’s approach to cognitive and social order

Göbel, Jürgen - Volkswirtschaftliche Fakultät, … - 2009

The human being can be regarded as a product of evolution. She has prevailed in the evolutionary process because of her ability to create and to use knowledge. The creation and the use of knowledge depend on the cognitive and on the social order. Both types of order are interdependent. Hayek...

Persistent link: https://www.econbiz.de/10005836162

Should Political Scientists Use the Self-Confirming Equilibrium Concept? Explaining the Choices of Cognitively Limited Actors

Lupia, Arthur; Zharinova, Natasha; Levine, Adam Seth - Volkswirtschaftliche Fakultät, … - 2007

Many claims about political behavior are based on implicit assumptions about human reasoning. One such assumption, that political actors think in complex and similar ways when assessing strategies, is nested within widely used game theoretic equilibrium concepts. Empirical research casts doubt...

Persistent link: https://www.econbiz.de/10005836867

Institutions as game theory outcomes: toward a cognitive-experimental inquiry

Ambrosino, Angela - Volkswirtschaftliche Fakultät, … - 2009

The paper investigates two different approaches to the analysis of institutions using game theory and discusses their methodological and theoretical implications for further research. Starting from von Neumann and Morgenstern’s theory, we investigate how game theory has been applied to the...

Persistent link: https://www.econbiz.de/10011257784

Cognitive load and strategic sophistication

Allred, Sarah; Duffy, Sean; Smith, John - Volkswirtschaftliche Fakultät, … - 2014

cognitive load tend to exhibit behavior consistent with the reduced ability to compute the optimal decision. Second, the …

Persistent link: https://www.econbiz.de/10011107460

The transition to market-based economic education: evaluating program effectiveness in Kazakhstan

Grimes, Paul W.; Millea, Meghan J.; Campbell, Randall C. - Volkswirtschaftliche Fakultät, … - 2009

This article presents an analysis of a program designed to enhance economic literacy through teacher training in the former Soviet Republic of Kazakhstan. The cognitive and affective outcomes for high school students who were taught by teachers trained through the National Council on Economic...

Persistent link: https://www.econbiz.de/10011112097

A Life-Course Perspective on Gender Differences in Cognitive Functioning in India

Velamuri, Malathi; Onur, Ilke - Volkswirtschaftliche Fakultät, … - 2014

indicate that circumstances in childhood have an impact on later-life cognition. A decomposition analysis reveals that the … predicted cognition gap is driven by differences in characteristics between men and women, as well as the asymmetric returns to … sufficient to close the gender gaps in cognition. In turn, this has serious implications for a rapidly aging society like India. …

Persistent link: https://www.econbiz.de/10011114507

The One Savior Paradigm

Zeps, Dainis - Volkswirtschaftliche Fakultät, … - 2009

The one savior paradigm is discussed not only as doctrinal aspect of religious teachings but as one of mostly manifested aspect of our psychic that should be adequately investigated. We suggest simple idea that could serve as starting cognitive model for the one savior paradigm, that might give...

Persistent link: https://www.econbiz.de/10008565439

Organizations as congitive systems :what do they process and deliver?

Biggiero, Lucio - Volkswirtschaftliche Fakultät, … - 2007

nature of cognition and the other the famous mind-body problem. Cognition can be associated with the capability of … organizational cognition. Applied to the study of organizations, the mind-body problem concerns the possibility (if any) and the …

Persistent link: https://www.econbiz.de/10005260342

Is bounded rationality a capacity, enabling learning?

Novarese, Marco - Volkswirtschaftliche Fakultät, … - 2009

This papers contributes to the stream of research on rule based behavior, and rationality. A bounded rational agent can deal just with a reduced number of variables, neglecting part of the overall complexity. This is usually taken as just a limitation: agents cannot deal with all relevant...

Persistent link: https://www.econbiz.de/10005616822

Investment decisions, equivalent risk and bounded rationality

Magni, Carlo Alberto - Volkswirtschaftliche Fakultät, … - 2007

cognitive analysis of the decision-making process implied by the maximization problem. The model may be conveniently rescued if … ‘mixed strategy’, currently in use by many real-life decision makers, opens up terrain to a fruitful cooperation between …

Persistent link: https://www.econbiz.de/10005619621