Building a New Rationality from the New Cognitive Neuroscience

Game theory is explicitly a theory of how human minds operate. Game theory, however, fails comprehensively as a predictor of human behavior. The failure of game theory is attributable to its mistaken theory of mind. This theory of mind was derived from notions and models of cognitive neuroscience that have since been abandoned and replaced. To build a new theory of choice, we propose a new theory of mind, one drawn from modern cognitive neuroscience. We then outline an alternative notion of rationality, based on this new theory of mind

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Year of publication:	2018
Authors:	McCubbins, Colin H. ; McCubbins, Mathew D. ; Turner, Mark B.
Publisher:	[S.l.] : SSRN
Subject:	Neurowissenschaften \| Neuroscience \| Kognition \| Cognition \| Rationalität \| Rationality

Extent:	1 Online-Ressource (20 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: in Riccardo Viale and Konstantinos Katsikopoulos (eds.) Handbook on Bounded Rationality, Routledge Publishing House Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 9, 2018 erstellt
Classification:	A12 - Relation of Economics to Other Disciplines ; C72 - Noncooperative Games ; D70 - Analysis of Collective Decision-Making. General ; D81 - Criteria for Decision-Making under Risk and Uncertainty ; D83 - Search, Learning, Information and Knowledge ; D87 - Neuroeconomics ; D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014112730