Extendable Rationality

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Release : 2010-10-20
Genre : Business & Economics
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Book Rating : 42X/5 ( reviews)

Extendable Rationality - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Extendable Rationality write by Davide Secchi. This book was released on 2010-10-20. Extendable Rationality available in PDF, EPUB and Kindle. “How do people make decisions in organizations?” is the question at the core of this book. Do people act rationally? Under what conditions can information and knowledge be shared to improve decision making? Davide Secchi applies concepts and theories from cognitive science, organizational behavior, and social psychology to explore the dynamics of decision making. In particular, he integrates “bounded rationality” (people are only partly rational; they have (a) limited computational capabilities and (b) limited access to information) and “distributed cognition” (knowledge is not confined to an individual, but is distributed across the members of a group) to build upon the pioneering work of Herbert Simon (1916-2001) on rational decision making and contribute fresh insights. This book is divided into two parts. The first part (Chapters 2 to 5) explores how recent studies on biases, prospect theory, heuristics, and emotions provide the so-called “map” of bounded rationality. The second part (Chapter 6 to 8) presents the idea of extendable rationality. In this section, Secchi identifies the limitations of bounded rationality and focuses more heavily on socially-based decision processes and the role of “docility” in teaching, managing, and executing decisions in organizations. The practical implications extend broadly to issues relating to change and innovation, as organizations adapt to evolving market conditions, implementing new systems, and effectively managing limited resources. The final chapter outlines an agenda for future research to help understand the decision making characteristics and capabilities of an organization.

The Social Construction of Rationality

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Release : 2017-03-16
Genre : Business & Economics
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Book Rating : 764/5 ( reviews)

The Social Construction of Rationality - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Social Construction of Rationality write by Onno Bouwmeester. This book was released on 2017-03-16. The Social Construction of Rationality available in PDF, EPUB and Kindle. There are many different forms of rationality. In current economic discourse the main focus is on instrumental rationality and optimizing, while organization scholars, behavioural economists and policy scientists focus more on bounded rationality and satisficing. The interplay with value rationality or expressive rationality is mainly discussed in philosophy and sociology, but never in an empirical way. This book shows that not one, but three different forms of rationality (subjective, social and instrumental) determine the final outcomes of strategic decisions executed by major organizations. Based on an argumentation analysis of six high-profile public debates, this book adds nuance to the concept of bounded rationality. The chapters show how it is socially constructed, and thus dependent on shared beliefs or knowledge, institutional context and personal interests. Three double case studies investigating the three rationalities illustrate how decision makers and stakeholders discuss the appropriateness of these rationalities for making decisions in different practice contexts. The first touches more on personal concerns, like wearing a niqab or looking at obscene art exposed in a public environment; the second investigates debates on improving the rights and position of specific minorities; and the third is based on the agreement on instrumental reasons for two kinds of investments, but the cost arguments are regarded less relevant when social norms or personal interests are violated. The Social Construction of Rationality is for those who study political economy, economic psychology and public policy, as well as economic theory and philosophy.

Extending Mechanics to Minds

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Release : 2006-05-22
Genre : Computers
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Book Rating : 15X/5 ( reviews)

Extending Mechanics to Minds - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Extending Mechanics to Minds write by Jon Doyle. This book was released on 2006-05-22. Extending Mechanics to Minds available in PDF, EPUB and Kindle. This book deploys the mathematical axioms of modern rational mechanics to understand minds as mechanical systems that exhibit actual, not metaphorical, forces, inertia, and motion. Using precise mental models developed in artificial intelligence the author analyzes motivation, attention, reasoning, learning, and communication in mechanical terms. These analyses provide psychology and economics with new characterizations of bounded rationality; provide mechanics with new types of materials exhibiting the constitutive kinematic and dynamic properties characteristic of different kinds of minds; and provide philosophy with a rigorous theory of hybrid systems combining discrete and continuous mechanical quantities. The resulting mechanical reintegration of the physical sciences that characterize human bodies and the mental sciences that characterize human minds opens traditional philosophical and modern computational questions to new paths of technical analysis.

Routledge Handbook of Bounded Rationality

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Release : 2020-12-02
Genre : Business & Economics
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Book Rating : 79X/5 ( reviews)

Routledge Handbook of Bounded Rationality - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Routledge Handbook of Bounded Rationality write by Riccardo Viale. This book was released on 2020-12-02. Routledge Handbook of Bounded Rationality available in PDF, EPUB and Kindle. Herbert Simon’s renowned theory of bounded rationality is principally interested in cognitive constraints and environmental factors and influences which prevent people from thinking or behaving according to formal rationality. Simon’s theory has been expanded in numerous directions and taken up by various disciplines with an interest in how humans think and behave. This includes philosophy, psychology, neurocognitive sciences, economics, political science, sociology, management, and organization studies. The Routledge Handbook of Bounded Rationality draws together an international team of leading experts to survey the recent literature and the latest developments in these related fields. The chapters feature entries on key behavioural phenomena, including reasoning, judgement, decision making, uncertainty, risk, heuristics and biases, and fast and frugal heuristics. The text also examines current ideas such as fast and slow thinking, nudge, ecological rationality, evolutionary psychology, embodied cognition, and neurophilosophy. Overall, the volume serves to provide the most complete state-of-the-art collection on bounded rationality available. This book is essential reading for students and scholars of economics, psychology, neurocognitive sciences, political sciences, and philosophy.

Logic, Rationality, and Interaction

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Release : 2019-10-09
Genre : Mathematics
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Book Rating : 92X/5 ( reviews)

Logic, Rationality, and Interaction - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Logic, Rationality, and Interaction write by Patrick Blackburn. This book was released on 2019-10-09. Logic, Rationality, and Interaction available in PDF, EPUB and Kindle. This LNCS book is part of the FOLLI book series and constitutes the proceedings of the 7th International Workshop on Logic, Rationality, and Interaction, LORI 2019, held in Chongqing, China, in October 2019. The 31 papers presented in this book were carefully reviewed and selected from 56 submissions. They focus on the following topics: agency; argumentation and agreement; belief revision and belief merging; belief representation; cooperation; decision making and planning; natural language; philosophy and philosophical logic; and strategic reasoning.