Cognition and Extended Rational Choice

Cognition and Extended Rational Choice

by Howard Margolis
     
 

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ISBN-10: 041570197X

ISBN-13: 9780415701976

Pub. Date: 12/14/2007

Publisher: Taylor & Francis

One of the most exciting recent innovations in the social sciences has been the emergence of 'behaviour economics', which extends the notion of rational choice to allow for both motivation beyond self-interest and intuitions that cannot be reduced to the logic of a situation. This new book by Howard Margolis demonstrates how an account of widely-discussed topics,

Overview

One of the most exciting recent innovations in the social sciences has been the emergence of 'behaviour economics', which extends the notion of rational choice to allow for both motivation beyond self-interest and intuitions that cannot be reduced to the logic of a situation. This new book by Howard Margolis demonstrates how an account of widely-discussed topics, from tipping points in social choice to cognitive illusions and experimental anomalies, can be brought within a coherent framework.

Starting from Darwin's own comments on the origins of moral concerns and from a review of notorious cognitive illusions, Margolis shows how rational choice theory can be extended to incorporate social as well as self-interested motivation, but allowing for the cognitive complications that can be expected in domains well-outside familiar experience. This yields a coherent account of many otherwise mystifying results from cooperation experiments.

This book will be of great interest not only to students and researchers in behavioral and experimental economics but across the social sciences.

Product Details

ISBN-13:
9780415701976
Publisher:
Taylor & Francis
Publication date:
12/14/2007
Pages:
252
Product dimensions:
6.14(w) x 9.21(h) x 0.63(d)

Table of Contents

Introduction. 1. The NSNX Model. 2. Dual-utilities. 3. Norms. 4. The Schelling Diagram. 5. Using the Schelling Diagram. 6. Adverse Defaults. 7. The NSNX Cascade. 8. Public Goods Experiments. 9. Reciprocity Puzzles. 10. Social Illusions. 11. What We See in the World that Looks Like What We See in this Theory: The Case of Terrorism. Appendix: The Data Template.

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