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#cognitiveeconomics — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #cognitiveeconomics, aggregated by home.social.

  1. The Cognitive Turn in #BehavioralEconomics benjamin-enke.com/pdf/Cognitiv
    "cognitive simplification strategies can be consolidated into five categories: (i) noisy approximations and resulting behavioral attenuation; (ii) comparative thinking; (iii) reducing cardinality by overweighting what’s salient, gets cued in memory, or is deemed important; (iv) thinking in analogies and categories; and (v) devaluing or shying away from objects one cannot properly evaluate"
    #BoundedRationality
    #CognitiveEconomics