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Author: Emanuele Bardone
Publisher: Springer Science & Business Media
ISBN: 3642196330
Category : Technology & Engineering
Languages : en
Pages : 182
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Book Description
One of the most distinguishing abilities that human beings display is the ability of turning almost everything into a clue to make a problem affordable in relation to what one knows and, most of all, to what one does not know. That is what characterizes humans as chance seekers. A poor pattern of reasoning and even our ignorance may help us make a decision, and eventually solve a problem. This is the rationale of biased rationality. However, not everything leads us always to a good decision. Some people are not satisfied with weak arguments or it-is-just-so strategies. They want something better. This second attitude points to a different form of rationality that takes advantage of the idea of distributed cognition. Basically, human beings improve their survival strategies by building cognitive niches capable of delivering potentially ever more symptomatic information. It is through various manipulations of the environment that we gain new and more reliable chances which can be used to de-bias our rationality. Through the laborious activity of cognitive niche construction, we come up with situations in which we are better afforded by our environment, and thus biases or fallacies cease to be appealing.
Author: Emanuele Bardone
Publisher: Springer Science & Business Media
ISBN: 3642196330
Category : Technology & Engineering
Languages : en
Pages : 182
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Book Description
One of the most distinguishing abilities that human beings display is the ability of turning almost everything into a clue to make a problem affordable in relation to what one knows and, most of all, to what one does not know. That is what characterizes humans as chance seekers. A poor pattern of reasoning and even our ignorance may help us make a decision, and eventually solve a problem. This is the rationale of biased rationality. However, not everything leads us always to a good decision. Some people are not satisfied with weak arguments or it-is-just-so strategies. They want something better. This second attitude points to a different form of rationality that takes advantage of the idea of distributed cognition. Basically, human beings improve their survival strategies by building cognitive niches capable of delivering potentially ever more symptomatic information. It is through various manipulations of the environment that we gain new and more reliable chances which can be used to de-bias our rationality. Through the laborious activity of cognitive niche construction, we come up with situations in which we are better afforded by our environment, and thus biases or fallacies cease to be appealing.
Author: Kristin Luker
Publisher: Univ of California Press
ISBN: 0520314034
Category : Social Science
Languages : en
Pages : 220
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Book Description
This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1975.
Author: Daniel Kahneman
Publisher: Cambridge University Press
ISBN: 9780521627498
Category : Business & Economics
Languages : en
Pages : 864
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Book Description
This book presents the definitive exposition of 'prospect theory', a compelling alternative to the classical utility theory of choice. Building on the 1982 volume, Judgement Under Uncertainty, this book brings together seminal papers on prospect theory from economists, decision theorists, and psychologists, including the work of the late Amos Tversky, whose contributions are collected here for the first time. While remaining within a rational choice framework, prospect theory delivers more accurate, empirically verified predictions in key test cases, as well as helping to explain many complex, real-world puzzles. In this volume, it is brought to bear on phenomena as diverse as the principles of legal compensation, the equity premium puzzle in financial markets, and the number of hours that New York cab drivers choose to drive on rainy days. Theoretically elegant and empirically robust, this volume shows how prospect theory has matured into a new science of decision making.
Author: Lorenzo Magnani
Publisher: Springer Science & Business Media
ISBN: 3642299288
Category : Science
Languages : en
Pages : 292
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Book Description
The book addresses a number of recent topics at the crossroad of philosophy and cognitive science, taking advantage of both the western and the eastern perspectives and conceptions that emerged and were discussed at the PCS2011 Conference recently held in Guangzhou. The ever growing cultural exchange between academics and intellectual belonging to different cultures is reverberated by the juxtaposition of papers, which aim at investigating new facets of crucial problems in philosophy: the role of models in science and the fictional approach; chance seeking dynamics and how affordances work; abductive cognition; visualization in science; the cognitive structure of scientific theories; scientific representation; mathematical representation in science; model-based reasoning; analogical reasoning; moral cognition; cognitive niches and evolution.
Author: David Abrahams
Publisher: CRC Press
ISBN: 1317172752
Category : Business & Economics
Languages : en
Pages : 225
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Book Description
Brand risk is often narrowly defined as risk to reputation. Yet risk and uncertainty are evident in many aspects of brand performance and marketing operations. Considered and responsible risk-taking is central to effective brand management. Risk literacy is the marketer’s third necessary competence, alongside strategic insight and financial understanding. In Brand Risk, a practical and accessible book for those who hold responsibilities in marketing or risk management, David Abrahams brings together relevant risk thinking and a range of techniques for the evaluation of brand exposures and opportunities - whether in response to the ambitions of a key business project, new market conditions or shareholder concern. A balanced review of the subject is enriched by reference to topics of current interest and is supported by illustrative examples throughout. Presenting the essentials of brand management and risk management side-by-side, Brand Risk offers graduated and complementary approaches to brand risk assessment, from the intuitive to the data-driven.
Author: Andreas Koenig
Publisher: Springer Science & Business Media
ISBN: 3642238629
Category : Computers
Languages : en
Pages : 726
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Book Description
The four-volume set LNAI 6881-LNAI 6884 constitutes the refereed proceedings of the 15th International Conference on Knowledge-Based Intelligent Information and Engineering Systems, KES 2011, held in Kaiserslautern, Germany, in September 2011. Part 2: The total of 244 high-quality papers presented were carefully reviewed and selected from numerous submissions. The 70 papers of Part 2 are organized in topical sections on web intelligence, text and multimedia mining and retrieval, intelligent tutoring systems and e-learning environments, other / misc. intelligent systems topics, methods and techniques of artificial and computational intelligence in economics, finance and decision making, workshop on seamless integration of semantic technologies in computer-supported office work (sistcow), innovations in chance discovery, advanced knowledge-based systems, recent trends in knowledge engineering, smart systems, and their applications.
Author: Rossitza Setchi
Publisher: Springer Science & Business Media
ISBN: 3642153925
Category : Computers
Languages : en
Pages : 695
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Book Description
The four-volume set LNAI 6276--6279 constitutes the refereed proceedings of the 14th International Conference on Knowledge-Based Intelligent Information and Engineering Systems, KES 2010, held in Cardiff, UK, in September 2010. The 272 revised papers presented were carefully reviewed and selected from 360 submissions. They present the results of high-quality research on a broad range of intelligent systems topics.
Author: CFP Board
Publisher: John Wiley & Sons
ISBN: 1119440904
Category : Business & Economics
Languages : en
Pages : 340
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Book Description
A Client-Centered approach to Financial Planning Practice built by Research for Practitioners The second in the CFP Board Center for Financial Planning Series, Client Psychology explores the biases, behaviors, and perceptions that impact client decision-making and overall financial well-being. This book, written for practitioners, researchers, and educators, outlines the theory behind many of these areas while also explicitly stating how these related areas directly impact financial planning practice. Additionally, some chapters build an argument based solely upon theory while others will have exclusively practical applications. Defines an entirely new area of focus within financial planning practice and research: Client Psychology Serves as the essential reference for financial planners on client psychology Builds upon and expands the body of knowledge for financial planning Provides insight regarding the factors that impact client financial decision-making from a multidisciplinary approach If you’re a CFP® professional, researcher, financial advisor, or student pursuing a career in financial planning or financial services, this book deserves a prominent spot on your professional bookshelf.
Author: Ruth Murray-Webster
Publisher: CRC Press
ISBN: 1317101626
Category : Business & Economics
Languages : en
Pages : 189
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Book Description
This book builds on the authors' previous title Understanding and Managing Risk Attitude but this time looks exclusively at the challenges of understanding and managing those attitudes adopted by groups of people when faced with making decisions that they perceive as risky and important. The book makes the link between risk management and decision-making explicit, building on existing work from the economic and risk psychology schools but taking a pragmatic, practitioner-focused approach that is relevant to all decision-making groups in any situation. The insights in Managing Group Risk Attitude are derived from the authors' own applied research. Details of the research methods and findings are included in the book in support of a practical model and steps to manage risk attitude using applied emotional literacy. Ruth Murray-Webster and David Hillson have written a practical book for all decision-makers, supported by actual research by practitioners and underpinned by the seminal research of leading academics.
Author:
Publisher:
ISBN:
Category : Theology, Practical
Languages : en
Pages : 550
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Book Description
