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Thanks to neuroscience, the brain is no longer a black box. It is possible to investigate its basic functioning and see whether its teachings may buttress Keynes's concept of animal spirits. Seven features constitute them: duality of reasoning; automatic analogical assessment; automatic...
Persistent link: https://www.econbiz.de/10010759880
La entrevista que realizan los profesores Gaitán y Ferrer al doctor LuisFernando Medina Sierra, economista colombiano, vinculado a la Universidadde Chicago, permite ir comprendiendo mejor en el medio académico,disciplinar y profesional, la importancia de un trabajo holístico,interdisciplinar,...
Persistent link: https://www.econbiz.de/10010763361
The emergence of enterprise resource planning systems (ERP) has often been presented as one of the main factors of organizational change within companies in the course of the last few years. The neoclassical and socio-rational analyses show that ERP adop
Persistent link: https://www.econbiz.de/10010784865
topic of economic rationality and discusses its strengths and weaknesses within an interdisciplinary perspective … rationality is a powerful tool, within a relational, dynamic, realistic and ‘whole’ anthropology. …
Persistent link: https://www.econbiz.de/10010786776
Making use of and following substantive rationality is a costly and not always feasible option. In games, this option … play an underlying game in which the alternatives are to follow either substantive rationality or a different rule, here … underlying game can have more than one equilibrium. Substantive rationality in the underlying game can justify behaviour which is …
Persistent link: https://www.econbiz.de/10010786828
Completeness and transitivity of preferences go a long way towards detennining what it is rational to do. This risks reducing being free to being rational or to being irrational. It is argued that in fact, preferences, and in particular abilities to perceive and evaluate, are, at least in part,...
Persistent link: https://www.econbiz.de/10010786846
The persistence of the global economic crisis and the rapid geo-political transformations that are under way, in particular those involving the Middle East and North Africa, seem to confirm the intentions of the organisers of this Summer School: a rethinking of our conception of human reason, in...
Persistent link: https://www.econbiz.de/10010786935
For long, economics and sociology have been exploring rationality and decision-making with analytical tools of their …
Persistent link: https://www.econbiz.de/10010787021
The paper proposes a critical analysis, based on consistency criteria, regarding the controversed current state of the informational efficiency theory of the capital market (Efficient Market Hypothesis). Nowadays, after several decades of research and thousands of studies, economists have not...
Persistent link: https://www.econbiz.de/10010632299
Whether they operate in a real or simulated business environment, the success of economic activity undertaken by producers/traders depends on understanding the behavior of current and potential customers, by studying the mechanism by which they take consumer decisions under the influence of...
Persistent link: https://www.econbiz.de/10010632352