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Better Than Conscious?: Decision Making, the Human Mind, and Implications for Institutions (Strngmann Forum Reports)

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Better Than Conscious?: Decision Making, the Human Mind, and Implications for Institutions (Strngmann Forum Reports) Cover

 

Synopses & Reviews

Publisher Comments:

Conscious control enables human decision makers to override routines, to exercise willpower, to find innovative solutions, to learn by instruction, to decide collectively, and to justify their choices. These and many more advantages, however, come at a price: the ability to process information consciously is severely limited and conscious decision makers are liable to hundreds of biases. Measured against the norms of rational choice theory, conscious decision makers perform poorly. But if people forego conscious control, in appropriate tasks, they perform surprisingly better: they handle vast amounts of information; they update prior information; they find appropriate solutions to ill-defined problems.

This inaugural Strüngmann Forum Report explores the human ability to make decisions, consciously as well as without conscious control. It explores decision-making strategies, including deliberate and intuitive; explicit and implicit; processing information serially and in parallel, with a general-purpose apparatus, or with task-specific neural subsystems. The analysis is at four levels — neural, psychological, evolutionary, and institutional — and the discussion is extended to the definition of social problems and the design of better institutional interventions. The results presented differ greatly from what could be expected under standard rational choice theory and deviate even more from the alternate behavioral view of institutions. New challenges emerge (for example, the issue of free will) and some purported social problems almost disappear if one adopts a more adequate model of human decision making.

Synopsis:

Experts discuss the implications of the ways humans reach decisions through the conscious and subconscious processing of information.

Synopsis:

Conscious control enables human decision makers to override routines, to exercise willpower, to find innovative solutions, to learn by instruction, to decide collectively, and to justify their choices. These and many more advantages, however, come at a price: the ability to process information consciously is severely limited and conscious decision makers are liable to hundreds of biases. Measured against the norms of rational choice theory, conscious decision makers perform poorly. But if people forgo conscious control, in appropriate tasks, they perform surprisingly better: they handle vast amounts of information; they update prior information; they find appropriate solutions to ill-defined problems.

About the Author

Christoph Engel is Director of the Max Planck Institute for Research on Collective Goods, Bonn, and a member of the Faculty of Law and Economics at the University of Bonn. He is the author of Generating Predictability: Institutional Analysis and Design and other books.Wolf Singer is Director at the Max Planck Institute for Brain Research in Frankfurt and Founding Director of both the Frankfurt Institute for Advanced Studies and the Ernst Strüngmann Institute for Brain Research.

Product Details

ISBN:
9780262195805
Subtitle:
DECISION MAKING, the HUMAN MIND, and IMPLICATIONS FOR INSTITUTIONS
Author:
Engel, Christoph
Other:
Glimcher, Paul W.
Editor:
Singer, Wolf
Author:
Glimcher, Paul W.
Author:
Boyd, Robert
Author:
ristoph
Author:
Kurzban, Robert
Author:
Richerson, Peter J.
Author:
Cohen, Jonathan
Author:
Hanks, Tim
Author:
McElreath, Richard
Author:
Kiani, Roozbeh
Author:
Massachusetts Institute of Technology
Author:
Engel, Ch
Author:
Singer, Wolf
Author:
Keysers, Christian
Author:
Dehaene, Stanislas
Author:
Singer, Tania
Author:
Lubell, Mark
Author:
Hastie, Reid
Author:
Changeux, Jean-Pierre
Author:
McCabe, Kevin
Author:
Studies
Author:
Schooler, Lael J.
Author:
Ratcliff, Roger
Author:
Shadlen, Michael
Author:
Dayan, Peter
Author:
Churchland, Anne
Author:
Platt, Michael
Author:
Donald, Merlin
Author:
McKoon, Gail
Author:
Stevens, Jeffrey R.
Author:
Glöckner, Andreas
Publisher:
The MIT Press
Location:
Cambridge
Subject:
Cognitive Psychology
Subject:
Neuroscience
Subject:
Brain
Subject:
Cognitive neuroscience
Subject:
Brain -- Physiology.
Subject:
Mental Processes
Subject:
Psychology-Cognitive Science
Copyright:
Series:
#252;ngmann Forum Reports
Publication Date:
20080509
Binding:
Hardback
Grade Level:
from 17
Language:
English
Illustrations:
Y
Pages:
464
Dimensions:
9 x 6 in

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Related Subjects

Business » Accounting and Finance
Health and Self-Help » Health and Medicine » Medical Specialties
Health and Self-Help » Psychology » Cognitive Science

Better Than Conscious?: Decision Making, the Human Mind, and Implications for Institutions (Strngmann Forum Reports) New Hardcover
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Product details 464 pages Mit Press - English 9780262195805 Reviews:
"Synopsis" by , Experts discuss the implications of the ways humans reach decisions through the conscious and subconscious processing of information.
"Synopsis" by , Conscious control enables human decision makers to override routines, to exercise willpower, to find innovative solutions, to learn by instruction, to decide collectively, and to justify their choices. These and many more advantages, however, come at a price: the ability to process information consciously is severely limited and conscious decision makers are liable to hundreds of biases. Measured against the norms of rational choice theory, conscious decision makers perform poorly. But if people forgo conscious control, in appropriate tasks, they perform surprisingly better: they handle vast amounts of information; they update prior information; they find appropriate solutions to ill-defined problems.
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