It is helpful to consider the mind and the computer as two separate information domains. Each has a separate system of rules that guide behavior. The interaction between the two is characterized as an interplay between rule systems. In this view, there should be interactions which are optimal...

In accordance with recent research results provided by the neurobiologist Damasio and the psychologist Gigerenzer it is the aim of this paper to point out the limits of solely cognitive explanations and rational approaches to decision-making and problem-solving in the context of business and...

The literature has profusely acknowledged the significant impact of cognitive ability on the economic decision-making. We employ non-student participants and examine whether cognitive ability affects cooperative behavior in repeated prisoner's dilemma (PD) experiments.The results show that,...