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We claim that understanding human decisions requires that both automatic and deliberate processes be considered. First, we sketch the qualitative differences between two hypothetical processing systems, an automatic and a deliberate system. Second, we show the potential that connectionism offers...
Persistent link: https://www.econbiz.de/10010264831
We claim that understanding human decisions requires that both automatic and deliberate processes be considered. First, we sketch the qualitative differences between two hypothetical processing systems, an automatic and a deliberate system. Second, we show the potential that connectionism offers...
Persistent link: https://www.econbiz.de/10003730509
Persistent link: https://www.econbiz.de/10008797065
Persistent link: https://www.econbiz.de/10008797803
Persistent link: https://www.econbiz.de/10003591246
Persistent link: https://www.econbiz.de/10010532783
This paper extends choice theory by allowing for the interaction between cognitive costs and imitative dynamics. The authors experimentally investigate the role of imitation when participants face a task which is costly in cognitive terms. In order to disentangle different choice dynamics, they...
Persistent link: https://www.econbiz.de/10010425055
Psychological biases represent new paradigms that complement traditional behavioral finance theory while introducing "behaviorist" aspects to the decision-making process. The aim of this paper is to examine the mental models of actors in Tunisian firms with respect to the behavioral approach to...
Persistent link: https://www.econbiz.de/10010414803
Persistent link: https://www.econbiz.de/10001887072
This article features an interdisciplinary debate and dialogue about the nature of mind, perception, and rationality. Scholars from a range of disciplines — cognitive science, applied and experimental psychology, behavioral economics, and biology — offer critiques and commentaries of a...
Persistent link: https://www.econbiz.de/10012945787