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Rationality And Coordination
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Book Synopsis Rationality and Coordination by : Cristina Bicchieri
Download or read book Rationality and Coordination written by Cristina Bicchieri and published by CUP Archive. This book was released on 1997-03-28 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: . This major new book will be of particular interest not only to philosophers but to decision theorists, political scientists, economists, and researchers in artificial intelligence.
Book Synopsis Rational Ritual by : Michael Suk-Young Chwe
Download or read book Rational Ritual written by Michael Suk-Young Chwe and published by Princeton University Press. This book was released on 2013-04-28 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Why do beer commercials dominate Super Bowl advertising? How do political ceremonies establish authority? Why were circular forms favored for public festivals during the French Revolution? This book answers these questions using a single concept: common knowledge. Game theory shows that in order to coordinate its actions, a group of people must form "common knowledge." Each person wants to participate only if others also participate. Members must have knowledge of each other, knowledge of that knowledge, and so on. Michael Chwe applies this insight, with striking erudition, to analyze a range of rituals across history and cultures. He shows that public ceremonies are powerful not simply because they transmit meaning from a central source to each audience member but because they let audience members know what other members know. In a new afterword, Chwe delves into new applications of common knowledge, both in the real world and in experiments, and considers how generating common knowledge has become easier in the digital age." -- From the jacket.
Book Synopsis Collective Rationality and Collective Reasoning by : Christopher McMahon
Download or read book Collective Rationality and Collective Reasoning written by Christopher McMahon and published by Cambridge University Press. This book was released on 2001-08-06 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book examines the issue of rational cooperation, especially cooperation between people with conflicting moral commitments. The first part considers how the two main aspects of cooperation - the choice by a group of a particular cooperative scheme and the decision by each member to contribute to that scheme - can be understood as guided by reason. The second part explores how the activity of reasoning itself can take a cooperative form. The book is distinctive in offering an account of what people can accomplish by reasoning together, of the role of deliberation in democratic decision making, and of the negotiation of the proper use of concepts. Presenting for the first time a detailed analysis of the general problem of cooperation and collective reasoning between people with different moral commitments, this book will be of particular interest to philosophers of the social sciences and to students in political science, sociology and economics." --Cambridge Press.
Download or read book Complex Economics written by Alan Kirman and published by Routledge. This book was released on 2010-09-13 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic crisis is also a crisis for economic theory. Most analyses of the evolution of the crisis invoke three themes, contagion, networks and trust, yet none of these play a major role in standard macroeconomic models. What is needed is a theory in which these aspects are central. The direct interaction between individuals, firms and banks does not simply produce imperfections in the functioning of the economy but is the very basis of the functioning of a modern economy. This book suggests a way of analysing the economy which takes this point of view. The economy should be considered as a complex adaptive system in which the agents constantly react to, influence and are influenced by, the other individuals in the economy. In such systems which are familiar from statistical physics and biology for example, the behaviour of the aggregate cannot be deduced from the behaviour of the average, or "representative" individual. Just as the organised activity of an ants’ nest cannot be understood from the behaviour of a "representative ant" so macroeconomic phenomena should not be assimilated to those associated with the "representative agent". This book provides examples where this can clearly be seen. The examples range from Schelling’s model of segregation, to contributions to public goods, the evolution of buyer seller relations in fish markets, to financial models based on the foraging behaviour of ants. The message of the book is that coordination rather than efficiency is the central problem in economics. How do the myriads of individual choices and decisions come to be coordinated? How does the economy or a market, "self organise" and how does this sometimes result in major upheavals, or to use the phrase from physics, "phase transitions"? The sort of system described in this book is not in equilibrium in the standard sense, it is constantly changing and moving from state to state and its very structure is always being modified. The economy is not a ship sailing on a well-defined trajectory which occasionally gets knocked off course. It is more like the slime described in the book "emergence", constantly reorganising itself so as to slide collectively in directions which are neither understood nor necessarily desired by its components.
Book Synopsis Modern Political Economy by : Jeffrey S. Banks
Download or read book Modern Political Economy written by Jeffrey S. Banks and published by Cambridge University Press. This book was released on 1995-08-25 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political economy has been an essential realm of inquiry and has attracted myriad intellectual adherents for much of the period of modern scholarship. The discipline's formal split into the distinct studies of political science and economics in the nineteenth-century, while advantageous for certain scientific developments, has biased the way economists and political scientists think about many issues, and has placed artificial constraints on the study of many important social issues. This volume calls for a reaffirmation of the importance of the unified study of political economy, and explores the frontiers of the interaction between politics and markets. This volume brings together intellectual leaders of various areas, drawing upon state-of-the-art theoretical and empirical analysis from each of the underlying disciplines. Each chapter, while beginning with a survey of existing work, focuses on profitable lines of inquiry for future developments. Particular attention is devoted to fields of active current development.
Book Synopsis Reason's Neglect by : Barbara Townley
Download or read book Reason's Neglect written by Barbara Townley and published by OUP Oxford. This book was released on 2008-07-24 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reason, and the need to Be Rational, are essential dimensions of society and the organizations we live and work in. Yet the 'rationalization' of working and administrative processes, or the 'rationality' studied in social sciences, is all too often, used, understood, and interpreted in an extremely narrow sense. Reason's Neglect does three things. Firstly, it argues that rationality is a leitmotif of organization studies, but one that has often been neglected. Secondly, it deploys Foucault's work to recover the neglected dimensions of rationality. In doing this, it allows for a revisionary exploration of key subjects in organization studies: organization theory, bureaucracy, technology, culture, practice, etc. Finally, the book presents the case of new rational management techniques being introduced in an organization, allowing individuals to 'speak for themselves', and examining how they respond to these innovations, and how they make sense of them. Arguing that rationality should be seen as disembedded, embedded, or embodied, each chapter goes on to explore a different aspect of reason, such as economic, bureaucratic, technocratic, institutional, or contextual. Clearly written and structured, yet an engaged and challenging approach to the study of organizations in society, Reason's Neglect is an iconoclastic book.
Book Synopsis Rationality and Co-ordination by : Cristina Bicchieri
Download or read book Rationality and Co-ordination written by Cristina Bicchieri and published by . This book was released on 1993 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Rational Herds by : Christophe Chamley
Download or read book Rational Herds written by Christophe Chamley and published by Cambridge University Press. This book was released on 2004 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher Description
Book Synopsis The Rationality of Emotion by : Ronald De Sousa
Download or read book The Rationality of Emotion written by Ronald De Sousa and published by MIT Press. This book was released on 1990-03-14 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this urbane and witty book, Ronald de Sousa disputes the widespread notion that reason and emotion are natural antagonists. He argues that emotions are a kind of perception, that their roots in the paradigm scenarios in which they are learned give them an essentially dramatic structure, and that they have a crucial role to-play in rational beliefs, desires, and decisions by breaking the deadlocks of pure reason.The book's twelve chapters take up the following topics: alternative models of mind and emotion; the relation between evolutionary, physiological, and social factors in emotions; a taxonomy of objects of emotions; assessments of emotions for correctness and rationality; the regulation by emotions of logical and practical reasoning; emotion and time; the mechanism of emotional self-deception; the ethics of laughter; and the roles of emotions in the conduct of life. There is also an illustrative interlude, in the form of a lively dialogue about the ideology of love, jealousy, and sexual exclusiveness. A Bradford Book.
Book Synopsis How Reason Almost Lost Its Mind by : Paul Erickson
Download or read book How Reason Almost Lost Its Mind written by Paul Erickson and published by University of Chicago Press. This book was released on 2013-11-22 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States at the height of the Cold War, roughly between the end of World War II and the early 1980s, a new project of redefining rationality commanded the attention of sharp minds, powerful politicians, wealthy foundations, and top military brass. Its home was the human sciences—psychology, sociology, political science, and economics, among others—and its participants enlisted in an intellectual campaign to figure out what rationality should mean and how it could be deployed. How Reason Almost Lost Its Mind brings to life the people—Herbert Simon, Oskar Morgenstern, Herman Kahn, Anatol Rapoport, Thomas Schelling, and many others—and places, including the RAND Corporation, the Center for Advanced Study in the Behavioral Sciences, the Cowles Commission for Research and Economics, and the Council on Foreign Relations, that played a key role in putting forth a “Cold War rationality.” Decision makers harnessed this picture of rationality—optimizing, formal, algorithmic, and mechanical—in their quest to understand phenomena as diverse as economic transactions, biological evolution, political elections, international relations, and military strategy. The authors chronicle and illuminate what it meant to be rational in the age of nuclear brinkmanship.
Book Synopsis The Oxford Handbook of Rationality by : Alfred R. Mele
Download or read book The Oxford Handbook of Rationality written by Alfred R. Mele and published by Oxford University Press. This book was released on 2004-01-08 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rationality has long been a central topic in philosophy, crossing standard divisions and categories. It continues to attract much attention in published research and teaching by philosophers as well as scholars in other disciplines, including economics, psychology, and law. The Oxford Handbook of Rationality is an indispensable reference to the current state of play in this vital and interdisciplinary area of study. Twenty-two newly commissioned chapters by a roster of distinguished philosophers provide an overview of the prominent views on rationality, with each author also developing a unique and distinctive argument.
Book Synopsis Bounded Rationality and Policy Diffusion by : Kurt Weyland
Download or read book Bounded Rationality and Policy Diffusion written by Kurt Weyland and published by Princeton University Press. This book was released on 2009-02-09 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do very different countries often emulate the same policy model? Two years after Ronald Reagan's income-tax simplification of 1986, Brazil adopted a similar reform even though it threatened to exacerbate income disparity and jeopardize state revenues. And Chile's pension privatization of the early 1980s has spread throughout Latin America and beyond even though many poor countries that have privatized their social security systems, including Bolivia and El Salvador, lack some of the preconditions necessary to do so successfully. In a major step beyond conventional rational-choice accounts of policy decision-making, this book demonstrates that bounded--not full--rationality drives the spread of innovations across countries. When seeking solutions to domestic problems, decision-makers often consider foreign models, sometimes promoted by development institutions like the World Bank. But, as Kurt Weyland argues, policymakers apply inferential shortcuts at the risk of distortions and biases. Through an in-depth analysis of pension and health reform in Bolivia, Brazil, Costa Rica, El Salvador, and Peru, Weyland demonstrates that decision-makers are captivated by neat, bold, cognitively available models. And rather than thoroughly assessing the costs and benefits of external models, they draw excessively firm conclusions from limited data and overextrapolate from spurts of success or failure. Indications of initial success can thus trigger an upsurge of policy diffusion.
Book Synopsis Collective Rationality by : Paul Weirich
Download or read book Collective Rationality written by Paul Weirich and published by OUP USA. This book was released on 2010 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Groups of people perform acts that are subject to standards of rationality. The book's theory of collective rationality explains how to evaluate collective acts. The people engaged in a game of strategy collectively produce an outcome, and the theory reveals what makes some outcomes solutions. It generates new equilibrium standards for solutions to cooperative games.
Book Synopsis The economics of coordination under bounded rationality by : Sohei Kaihatsu
Download or read book The economics of coordination under bounded rationality written by Sohei Kaihatsu and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rational Lives written by Dennis Chong and published by University of Chicago Press. This book was released on 2011-03-15 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Those who study value conflicts have resisted rational choice approaches in the social sciences, contending that political conflict over cultural values is best explained by group loyalties, symbolic motives, and other "nonrational" factors. However, Chong shows that a single model can explain how people make decisions across both social and economic realms. He argues that our preferences result from a combination of psychological dispositions, which are shaped by social influences and developed over the life span. Chong's book yields insights about the circumstances under which preferences, beliefs, values, norms and group identifications are formed. It offers a provocative explanation of how ingrained social norms and values can change over time despite the forces maintaining the status quo. "Going beyond the tired polemics on both sides, [Chong] constructs a new interpretation of human behavior in which culture and individual rationality both matter. The synthesis is a more comprehensive and powerful explanatory framework than either side could have produced, and Chong's creativity should influence subsequent interpretations of our social life in fundamental ways."—Christopher H. Achen, University of Michigan
Book Synopsis The Handbook of Rationality by : Markus Knauff
Download or read book The Handbook of Rationality written by Markus Knauff and published by MIT Press. This book was released on 2021-12-14 with total page 879 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first reference on rationality that integrates accounts from psychology and philosophy, covering descriptive and normative theories from both disciplines. Both analytic philosophy and cognitive psychology have made dramatic advances in understanding rationality, but there has been little interaction between the disciplines. This volume offers the first integrated overview of the state of the art in the psychology and philosophy of rationality. Written by leading experts from both disciplines, The Handbook of Rationality covers the main normative and descriptive theories of rationality—how people ought to think, how they actually think, and why we often deviate from what we can call rational. It also offers insights from other fields such as artificial intelligence, economics, the social sciences, and cognitive neuroscience. The Handbook proposes a novel classification system for researchers in human rationality, and it creates new connections between rationality research in philosophy, psychology, and other disciplines. Following the basic distinction between theoretical and practical rationality, the book first considers the theoretical side, including normative and descriptive theories of logical, probabilistic, causal, and defeasible reasoning. It then turns to the practical side, discussing topics such as decision making, bounded rationality, game theory, deontic and legal reasoning, and the relation between rationality and morality. Finally, it covers topics that arise in both theoretical and practical rationality, including visual and spatial thinking, scientific rationality, how children learn to reason rationally, and the connection between intelligence and rationality.
Book Synopsis Individual Forecasting and Aggregate Outcomes by : Roman Frydman
Download or read book Individual Forecasting and Aggregate Outcomes written by Roman Frydman and published by Cambridge University Press. This book was released on 1986-10-02 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume provide a complex view of market processes.
