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Bounded Rationality and Beyond
News on the effects of bounded rationality in economics and business, relationships and politics
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Rescooped by Alessandro Cerboni from Complex systems and projects
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Punching Clouds; Or, Complexity Science Meets Public Decision Making

Punching Clouds; Or, Complexity Science Meets Public Decision Making | Bounded Rationality and Beyond | Scoop.it

the complexities associated with public policy and public decision making are beyond quick fixes or final solutions.  But, if we are to make some progress with them, then understanding correctly their complex nature is the first and most important new step.


Via Philippe Vallat
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Rescooped by Alessandro Cerboni from Intuition
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New Evidence for Intuition - May Not Be What You Think

New Evidence for Intuition - May Not Be What You Think | Bounded Rationality and Beyond | Scoop.it

According to Lehrer, when we try to be logical, we consciously engage a powerful area of the brain, the pre-frontal cortex. This is the area that associates perceptions and relates cause-and-effect information to create meaning. Conscious attention is limited, however. We can only pay attention to a handful of variables at the same time. Also, being consciously logical is a slow process.


Via Thomas Menk
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Rescooped by Alessandro Cerboni from Mindful Decision Making
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A Behavioral Perspective of Decision Making Under Risk and Uncertainty

A Behavioral Perspective of Decision Making Under Risk and Uncertainty | Bounded Rationality and Beyond | Scoop.it

The global financial crisis that began in 2007 was not predicted by standard economic theory which assumes rational actors, efficient markets and equilibrium. Alternative explanations of economic behavior that are based on psychological regularities which are observed in human behavior were until recently relegated to the fringes of the discourse regarding economic phenomena. It will be argued that this has proven to have been a mistake.


Via Philippe Vallat
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Rescooped by Alessandro Cerboni from Complex systems and projects
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Management de la complexité: une application concrète

Management de la complexité: une application concrète | Bounded Rationality and Beyond | Scoop.it

Via Philippe Vallat
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Philippe Vallat's curator insight, March 12, 2013 10:07 AM

Publication par l'OFEV de notre travail sur les projets d'assainissement de sites contaminés complexes.

Juan Pablo F.'s curator insight, March 22, 2013 7:31 PM

La dimensión del aprendizaje es transversal e integrada en todas las otras... revisar en donde se refleja lo ambiental...

Rescooped by Alessandro Cerboni from Black swans, risks and crisis
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What You Don't Know Can Kill You | Memory, Emotions, & Decisions

What You Don't Know Can Kill You | Memory, Emotions, & Decisions | Bounded Rationality and Beyond | Scoop.it
Humans have a perplexing tendency to fear rare threats such as shark attacks while blithely ignoring far greater risks like unsafe sex and an unhealthy diet. Those illusions are not just silly—they make the world a more dangerous place. .

Via Philippe Vallat
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