Kusev, Petko and van Schaik, Paul (2013) The cognitive economy: The probabilistic turn in psychology and human cognition. Behavioral and Brain Sciences, 36 (3). pp. 294-295. ISSN 0140-525X
Metadata only available from this repository.Abstract
According to the foundations of economic theory, agents have stable and coherent “global” preferences that guide their choices among alternatives. However, people are constrained by information-processing and memory limitations and hence have a propensity to avoid cognitive load. We propose that this in turn will encourage them to respond to “local” preferences and goals influenced by context and memory representations.
Item Type: | Article |
---|---|
Uncontrolled Keywords: | Category membership; Classical probability theory; Conjunction effect; Decision making; Disjunction effect; Interference effects; Judgment; Quantum probability theory; Rationality; Similarity ratings |
Subjects: | Q Science > Q Science (General) |
Schools: | Huddersfield Business School |
Related URLs: | |
Depositing User: | Petko Kusev |
Date Deposited: | 13 Sep 2017 14:27 |
Last Modified: | 28 Aug 2021 12:21 |
URI: | http://eprints.hud.ac.uk/id/eprint/33298 |
Downloads
Downloads per month over past year
Repository Staff Only: item control page
![]() |
View Item |