The first habit of highly rational people is that they are sometimes confident in things when others think there is no good ...
In a previous post, we considered three of seven "irrational" habits of highly rational people. Here we consider the remaining four, as well as some suggestions for distinguishing the genuinely ...
Kenneth Payne, The Psychology of Strategy: Exploring Rationality in the Vietnam War (London: Hurst and Company, 2015). Lukas Milevski, "Battle and Its Emotive Effects in War Termination," (Changing ...
Embodied cognition can also inform the normative side of economic psychology, offering a new point of view on the notion of economic rationality. Different cognitive psychology trends have often ...
Examples of these two sorts of argument follow shortly. 1 shall then claim that Hutton accepts the deliverances of empirical psychology too uncritically. The allegedly scientific proofs of human ...
Does bounded rationality make paternalism more attractive? This Essay argues that errors will be larger when suppliers have stronger incentives or lower costs of persuasion and when consumers have ...