Archivio per 16 febbraio 2013

16
Feb
13

David Rose on the Moral Foundations of Economic Behavior | EconTalk | Library of Economics and Liberty

See on Scoop.itBounded Rationality and Beyond

David Rose of the University of Missouri, St. Louis and the author of The Moral Foundation of Economic Behavior talks with EconTalk host Russ Roberts about the book and the role morality plays in prosperity. Rose argues that morality plays a crucial role in prosperity and economic development. Knowing that the people you trade with have a principled aversion to exploiting opportunities for cheating in dealing with others allows economic actors to trust one another. That in turn allows for the widespread specialization and interaction through markets with strangers that creates prosperity. In this conversation, Rose explores the nature of the principles that work best to engender trust. The conversation closes with a discussion of the current trend in morality in America and the implications for trust and prosperity.

See on www.econtalk.org

16
Feb
13

David Rose on the Moral Foundations of Economic Behavior | EconTalk | Library of Economics and Liberty

See on Scoop.itBounded Rationality and Beyond

David Rose of the University of Missouri, St. Louis and the author of The Moral Foundation of Economic Behavior talks with EconTalk host Russ Roberts about the book and the role morality plays in prosperity. Rose argues that morality plays a crucial role in prosperity and economic development. Knowing that the people you trade with have a principled aversion to exploiting opportunities for cheating in dealing with others allows economic actors to trust one another. That in turn allows for the widespread specialization and interaction through markets with strangers that creates prosperity. In this conversation, Rose explores the nature of the principles that work best to engender trust. The conversation closes with a discussion of the current trend in morality in America and the implications for trust and prosperity.

See on econtalk.org

16
Feb
13

Applied Chaos Theory: A Paradigm For Complexit Ali Bulent Cambel

See on Scoop.itBounded Rationality and Beyond

These are exciting times for mathematics, science, and technology. One of the fields that has been receiving great attention is Chaos Theory. Actually, this is not a single discipline, but a potpourri of nonlinear dynamics, nonequilibrium thermodynamics, information theory, and fractal geometry. In the less than two decades that Chaos Theory has become a major part of mathematics and physics, it has become evident that the old paradigm of determinism is insufficient if we are to understand – and perhaps solve – real life problems. Curiously, many of these problems are deterministic, but they are intertwined with randomness and chance. Thus the deterministic laws of physics coexist with the laws of probability. Consequently, uncertainty arises and unpredictability occurs, characteristic of complex systems. In its short lifetime Chaos Theory has already helped us gain insights into problems that in the past we found intractable. Examples of such problems include weather, turbulence, cardiological and neurophysiological episodes, economic restructuring, financial transactions, policy analysis, and decision making. Admittedly, we can as yet solve only relatively simple problems, but much progress has been made and we are now able to observe complex problems from new vantage points that provide us with numerous benefits. One such benefit is the universality of Chaos Theory in its applicability to different situations, which enables us to look at communal problems in an interdisciplinary manner, so that persons of different backgrounds can communicate with one another. Chaos Theory also enables us to reason in a holistic manner, rather than being constrained by simplistic reductionism.Finally, it is gratifying that the mathematics is not intimidating, and one can accomplish much with a personal computer or even a handheld calculator.

See on isce-library.net

16
Feb
13

Applied Chaos Theory: A Paradigm For Complexit Ali Bulent Cambel

See on Scoop.itBounded Rationality and Beyond

These are exciting times for mathematics, science, and technology. One of the fields that has been receiving great attention is Chaos Theory. Actually, this is not a single discipline, but a potpourri of nonlinear dynamics, nonequilibrium thermodynamics, information theory, and fractal geometry. In the less than two decades that Chaos Theory has become a major part of mathematics and physics, it has become evident that the old paradigm of determinism is insufficient if we are to understand – and perhaps solve – real life problems. Curiously, many of these problems are deterministic, but they are intertwined with randomness and chance. Thus the deterministic laws of physics coexist with the laws of probability. Consequently, uncertainty arises and unpredictability occurs, characteristic of complex systems. In its short lifetime Chaos Theory has already helped us gain insights into problems that in the past we found intractable. Examples of such problems include weather, turbulence, cardiological and neurophysiological episodes, economic restructuring, financial transactions, policy analysis, and decision making. Admittedly, we can as yet solve only relatively simple problems, but much progress has been made and we are now able to observe complex problems from new vantage points that provide us with numerous benefits. One such benefit is the universality of Chaos Theory in its applicability to different situations, which enables us to look at communal problems in an interdisciplinary manner, so that persons of different backgrounds can communicate with one another. Chaos Theory also enables us to reason in a holistic manner, rather than being constrained by simplistic reductionism.Finally, it is gratifying that the mathematics is not intimidating, and one can accomplish much with a personal computer or even a handheld calculator.

See on isce-library.net

16
Feb
13

Administrative Behavior: A Study Of Decision-Making Processes In Administrative Organisation Herbert A. Simon

See on Scoop.itBounded Rationality and Beyond

 this fourth edition of his ground-breaking work, Herbert A. Simon applies his pioneering theory of human choice and administrative decision-making to concrete organizational problems. To commemorate the fiftieth anniversary of the book’s original publication, Professor Simon enhances his timeless observations on the human decision-making process with commentaries examining new facets of organizational behavior. Investigating the impact of changing social values and modem technology on the operation of organizations, the new ideas featured in this revised edition update a book that has become a worldwide classic.Named by Public Administration Review as ‘Book of the Half Century,’ Administrative Behavior is considered one of the most influential books on social science thinking, and was referred to by the Nobel Committee as ‘epoch-making.’Written for managers and other professionals who wish to understand the decision-making processes at the heart of organization and management, it is also essential reading for students in business and management, economics, sociology, psychology computer science, government, and law.

See on isce-library.net

16
Feb
13

Administrative Behavior: A Study Of Decision-Making Processes In Administrative Organisation Herbert A. Simon

See on Scoop.itBounded Rationality and Beyond

 this fourth edition of his ground-breaking work, Herbert A. Simon applies his pioneering theory of human choice and administrative decision-making to concrete organizational problems. To commemorate the fiftieth anniversary of the book’s original publication, Professor Simon enhances his timeless observations on the human decision-making process with commentaries examining new facets of organizational behavior. Investigating the impact of changing social values and modem technology on the operation of organizations, the new ideas featured in this revised edition update a book that has become a worldwide classic.Named by Public Administration Review as ‘Book of the Half Century,’ Administrative Behavior is considered one of the most influential books on social science thinking, and was referred to by the Nobel Committee as ‘epoch-making.’Written for managers and other professionals who wish to understand the decision-making processes at the heart of organization and management, it is also essential reading for students in business and management, economics, sociology, psychology computer science, government, and law.

See on isce-library.net




Time is real? I think not

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