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Optimally Irrational

Optimally Irrational
The Hidden Benefits of Bad Instincts

by Lionel Page

  • Publisher : Academic Press
  • Release : 2021-01-15
  • Pages : 432
  • ISBN : 9780128144794
  • Language : En, Es, Fr & De
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Optimally Irrational: The Hidden Benefits of Bad Instincts provides economists, social scientists and researchers in behavioral economics with a clear view of the frontier of research in economics and other behavioral sciences, including how the different biases unveiled by behavioral economics make sense when we try to optimize problems. The book evaluates the role of bias in human economic behavior, considers the human decision-making processes as the product of natural selection, and explores why we behave the way we do. Discusses how we think about, and adopt, apparently irrational behaviors and biases in empirical research Explains how biases may be adaptive solutions to well-posed optimization problems under constraints Unites advances in behavioral economics with those from other behavioral sciences and evolutionary biology

Hatred

Hatred
Understanding Our Most Dangerous Emotion

by Berit Brogaard

  • Publisher : Oxford University Press
  • Release : 2020-10-20
  • Pages : 296
  • ISBN : 0190084456
  • Language : En, Es, Fr & De
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Hatred is often considered the opposite of love, but in many ways is much more complicated. It also may be considered one of the dominant emotions of our time, as individuals, groups, and even nations express or enact hatred to varying degrees. What is hatred? Where does it come from and what does it reveal about the hater? And is hatred always a bad thing? Brogaard makes a deep dive into the moral psychology of one of our most complex, and vivid emotions. She explores how hatred arises between people and among groups. She also shows how hate, like anger, can sometimes be appropriate and fitting. Other other questions she addresses are, how does hate differ from anger, disgust, fear, and other related emotions? Is fear an essential part of hatred? How does hatred affect what happens inside the brain? How did hate evolve in human history? Is hatred ever morally justified? Can you hate and love at the same time? Can one hate oneself? How do implicit biases trigger hatred of groups? This accessible, timely, and novel look at an underexplored emotion will employ examples from current events as well as art and literature and popular culture.

Resources in Education

Resources in Education
A Book

by Anonim

  • Publisher : Unknown Publisher
  • Release : 1998
  • Pages : 329
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Fuzzy Rationality

Fuzzy Rationality
A Critique and Methodological Unity of Classical, Bounded and Other Rationalities

by Kofi Kissi Dompere

  • Publisher : Springer
  • Release : 2009-07-22
  • Pages : 283
  • ISBN : 3540880836
  • Language : En, Es, Fr & De
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Philosophy involves a criticism of scientific knowledge, not from a point of view ultimately different from that of science, but from a point of view less concerned with details and more concerned with the h- mony of the body of special sciences. Here as elsewhere, while the older logic shut out possibilities and imprisoned imagination within the walls of the familiar, the newer logic shows rather what may happen, and refuses to decide as to what must happen. Bertrand Russell At any particular stage in the development of humanity knowledge comes up against limits set by the necessarily limited character of the experience available and the existing means of obtaining knowledge. But humanity advances by overcoming such limits. New experience throws down the limits of old experience; new techniques, new means of obtaining knowledge throw down the limits of old techniques and old means of obtaining knowledge. New limits then once again appear. But there is no more reason to suppose these new limits absolute and final than there was to suppose the old ones absolute and final.

The Future of the Philosophy of Economics

The Future of the Philosophy of Economics
A Book

by Constanze Binder,Conrad Heilmann,Jack J Vromen

  • Publisher : Routledge
  • Release : 2018-04-19
  • Pages : 154
  • ISBN : 1315462036
  • Language : En, Es, Fr & De
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Originating from the International Network for Economic Method conference, hosted by the Erasmus Institute for Economics and Philosophy (EIPE) at the Erasmus University Rotterdam in 2013, this book chooses key themes that reflect on fascinating new developments in the philosophy of economics. Contributions discuss new avenues and debates in important and upcoming areas, such as the philosophy of economic policy making, decision theory, ethics, and new questions in economic methodology. The book offers an excellent insight into cutting edge research in these fields that are about to shape the future of the philosophy of economics. This book was originally published as a special issue of The Journal of Economic Methodology.

Dynamic Strategies

Dynamic Strategies
Generation, Properties, and Forecasting Returns

by Dmitriy Vyacheslavovich Levchenkov

  • Publisher : Unknown Publisher
  • Release : 2007
  • Pages : 306
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Witness to Revolution

Witness to Revolution
The Advocate Reports on Gay and Lesbian Politics, 1967-1999

by Advocate (Los Angeles, Calif.).

  • Publisher : Alyson Publications
  • Release : 1999
  • Pages : 429
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Culled from the pages of America's most popular gay magazine, The Advocate, this collection of stories chronicles the best reporting on topics that define the gay and lesbian political and social movement. Coverage ranges from Stonewall and the birth of gay rights via AIDS and sexuality, to interviews with leading politicians and cultural icons. Sometimes tragic, often controversial, these are the stories that defined a generation.

The Law and Economics of Irrational Behavior

The Law and Economics of Irrational Behavior
A Book

by Francesco Parisi,Vernon L. Smith

  • Publisher : Stanford University Press
  • Release : 2005
  • Pages : 613
  • ISBN : 9780804751445
  • Language : En, Es, Fr & De
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This collection of essays explores the most relevant developments at the interface of economics and psychology, giving special attention to models of irrational behavior, and draws the relevant implications of such models for the design of legal rules and institutions. The application of economic models of irrational behavior to law is especially challenging because specific departures from rational behavior differ markedly from one another. Furthermore, the analytical and deductive instruments of economic theory have to be reshaped to deal with the fragmented and heterogeneous findings of psychological research, turning towards a more experimental and inductive methodology. This volume brings together pioneering scholars in this area, along with some of the most exciting developments in the field of legal and economic theory. Areas of application include criminal law and sentencing, tort law, contract law, corporate law, and financial markets.

The Physiology of Emotional and Irrational Investing

The Physiology of Emotional and Irrational Investing
Causes and Solutions

by Elesa Zehndorfer

  • Publisher : Routledge
  • Release : 2018-02-13
  • Pages : 164
  • ISBN : 1351978810
  • Language : En, Es, Fr & De
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The financial markets are a rollercoaster and this book follows the same theme the seduction of money, our ruinous, heady and high stakes pursuit of it, the incredible fortunes and calamitous losses that have been made in its name, the new and significant threat of retail (armchair) investors wanting their piece of the pie, and the perpetual and foolish mismatch that has always existed and will always exist between our evolutionary programming and the design of the financial markets. The dominant theme that runs throughout the book ('Working out Wall Street') is actually a play on words, and relates both to the need to work out why Wall Street traders act so irrationally (e.g. using behavioural finance and evolutionary design to explain herding and panic selling), and the need to use physiological and sport science-related approaches to explain why working out (i.e. adopting exercise and diet-related practices usually applied to athletes) can significantly counter these behaviours. The phrase 'animal spirits' utilised in the concluding chapter title ('Taming Animal Spirits') refers to the seminal work of John Maynard Keynes in his 1936 classic work The General Theory of Employment, Interest and Money and the idea that human emotions-animal spirits- remain a significant driver in (irrational and emotional) investing. The rationale for this book is clear; behavioural finance and neurofinance have opened the floodgates in terms of recognising the role of emotional investing in cyclical boom-and-bust scenarios but what is still missing is an answer to the question So what do we do about it? This book seeks, in as compelling and entertaining a fashion as possible, to provide that answer.

The Straight Line

The Straight Line
How the Fringe Science of Ex-Gay Therapy Reoriented Sexuality

by Tom Waidzunas

  • Publisher : U of Minnesota Press
  • Release : 2015-11-20
  • Pages : 336
  • ISBN : 1452945527
  • Language : En, Es, Fr & De
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To be taken seriously, therapies that claim to “cure” homosexuality wrap themselves in lab coats. Even though the fit is bad, and such therapies and their theorists now inhabit the scientific fringe, the science of sexuality has made some adjustments, too, Tom Waidzunas tells us in this provocative work. Intervening in the politics of sexuality and science, The Straight Line argues that scientific definitions of sexual orientation do not merely reflect the results of investigations into human nature, but rather emerge through a process of social negotiation between opposing groups. The demedicalization of homosexuality and the discrediting of reparative therapies, ex-gay ministries, and reorientation research have, Waidzunas contends, required scientists to enforce key boundaries around scientific expertise and research methods. Drawing on extensive participant observation at conferences for ex-gays, reorientation therapists, mainstream psychologists, and survivors of ex-gay therapy, as well as interviews with experts and activists, The Straight Line traces reorientation debates in the United States from the 1950s to the present, following homosexuality therapies from the mainstream to the margins. As the ex-gay movement has become increasingly transnational in recent years, Waidzunas turns to Uganda, where ideas about the scientific nature of homosexuality influenced the passage of the Anti-Homosexuality Act of 2014. While most studies treat the ex-gay movement as a religious phenomenon, this book looks at how the movement, in its attempts to establish legitimacy, has engaged with scientific institutions, shaping virulent anti-gay public policy.

The ADD Myth

The ADD Myth
How to Cultivate the Unique Gifts of Intense Personalities

by Martha Burge

  • Publisher : Mango Media Inc.
  • Release : 2012-09-01
  • Pages : 256
  • ISBN : 1609256395
  • Language : En, Es, Fr & De
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An Alternative Approach to Addressing ADD Despite the millions of people taking medication for attention deficit disorders, there remains no objective method of diagnosis for ADHD. In The ADD Myth, Martha Burge proposes a different understanding and solution for those diagnosed. ADD isn’t what we think it is. Author and ADHD coach Martha Burge introduces a different way of looking at the disorder often associated with boredom and impulsivity in young people. She argues that what is commonly understood as ADHD is actually five intense personality traits: sensual, psychomotor, intellectual, creative, and emotional. Once the supposed ADD symptoms are properly understood for what they are, people with these intense personality traits can develop them into gifts. Finding an alternative solution. After having two sons diagnosed with ADHD, and witnessing their serious reaction to drug treatments, Martha began a search for a different approach and a more natural treatment for ADHD. By looking at all personalities as part of the neurodiversity spectrum, she shows us how we can see where those with “intense” personality traits fit on the spectrum. Once we understand that, we are better able to help people embrace their traits and develop one’s intense nature rather than try to stifle it. This book will change the way you look at ADD for the better—open it up and learn more about: The five intense personality traits and how they apply to individuals diagnosed with ADHD Why the medical profession should seek alternative explanations for ADHD Stories, practical steps, and daily practices for developing one's intense nature with the least amount of suffering Readers of books such as Driven to Distraction, Healing ADD, Delivered from Distraction, or ADHD: Non-Medication Treatments and Skills for Children and Teens will enjoy The ADD Myth.

Irrational Exuberance

Irrational Exuberance
Revised and Expanded Third Edition

by Robert J. Shiller

  • Publisher : Princeton University Press
  • Release : 2016-08-16
  • Pages : 392
  • ISBN : 0691173125
  • Language : En, Es, Fr & De
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In this revised, updated, and expanded edition of his New York Times bestseller, Nobel Prize–winning economist Robert Shiller, who warned of both the tech and housing bubbles, cautions that signs of irrational exuberance among investors have only increased since the 2008–9 financial crisis. With high stock and bond prices and the rising cost of housing, the post-subprime boom may well turn out to be another illustration of Shiller's influential argument that psychologically driven volatility is an inherent characteristic of all asset markets. In other words, Irrational Exuberance is as relevant as ever. Previous editions covered the stock and housing markets—and famously predicted their crashes. This edition expands its coverage to include the bond market, so that the book now addresses all of the major investment markets. It also includes updated data throughout, as well as Shiller's 2013 Nobel Prize lecture, which places the book in broader context. In addition to diagnosing the causes of asset bubbles, Irrational Exuberance recommends urgent policy changes to lessen their likelihood and severity—and suggests ways that individuals can decrease their risk before the next bubble bursts. No one whose future depends on a retirement account, a house, or other investments can afford not to read this book.

Social Norms, Bounded Rationality and Optimal Contracts

Social Norms, Bounded Rationality and Optimal Contracts
A Book

by Suren Basov

  • Publisher : Springer
  • Release : 2016-05-20
  • Pages : 176
  • ISBN : 9811010412
  • Language : En, Es, Fr & De
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This book investigates the ways in which social norms and bounded rationality shape different contracts in the real world. It brings into focus existing research into optimal contracts, draws important lessons from that research, and outlines prospects for future investigation. Bounded rationality has acknowledged effects on the power of incentive provisions, such as deviations from sufficient statistic theorem, the power of optimal incentives, and the effects of optimal contracts in multicultural environments. The introduction of social norms to bounded rationality opens up new avenues of investigation into contracts and mechanism design. This book makes an important contribution to the study of bounded rationality by pulling together many separate strands of research in the area of mechanism design, and providing detailed analysis of the impact of societal values on contracts.

The Irrational Atheist

The Irrational Atheist
Dissecting the Unholy Trinity of Dawkins, Harris, And Hitchens

by Vox Day

  • Publisher : BenBella Books, Inc.
  • Release : 2008-02-01
  • Pages : 320
  • ISBN : 1935251341
  • Language : En, Es, Fr & De
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On one side of the argument is a collection of godless academics with doctorates from the finest universities in England, France, and the United States. On the other is Irrational Atheist author Vox Day, armed with nothing more than historical and statistical facts. Presenting a compelling argument (but not for the side one might expect), Day strips away the pseudo-scientific pretentions of New Atheism with his intelligent application of logic, history, military science, political economy, and well-documented research. The arguments of Richard Dawkins, Sam Harris, Christopher Hitchens, Daniel Dennett, and Michel Onfray are all methodically exposed and discredited as Day provides extensive evidence proving, among other things, that: More than 93 percent of all the wars in human history had no relation to religion The Spanish Inquisition had no jurisdiction over professing Jews, Muslims, or atheists, and executed fewer people on an annual basis than the state of Texas Atheists are 3.84 times more likely to be imprisoned than Christians "Red" state crime is primarily in "blue" counties Sexually abused girls are 55 times more likely to commit suicide than girls raised Catholic In the twentieth century, atheistic regimes killed three times more people in peacetime than those killed in all the wars and individual crimes combined. The Irrational Atheist provides the rational thinker with empirical proof that atheism's claims against religion are unfounded in logic, fact, and science.

The Irrational Economist

The Irrational Economist
Making Decisions in a Dangerous World

by Erwann Michel-Kerjan,Paul Slovic

  • Publisher : Hachette UK
  • Release : 2010-01-05
  • Pages : 336
  • ISBN : 0786746262
  • Language : En, Es, Fr & De
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Of the twenty most costly catastrophes since 1970, more than half have occurred since 2001. Is this an omen of what the 21st century will be? How might we behave in this new, uncertain and more dangerous environment? Will our actions be rational or irrational? A select group of scholars, innovators, and Nobel Laureates was asked to address challenges to rational decision making both in our day-to-day life and in the face of catastrophic threats such as climate changes, natural disasters, technological hazards, and human malevolence. At the crossroads of decision sciences, behavioral and neuro-economics, psychology, management, insurance, and finance, their contributions aim to introduce readers to the latest thinking and discoveries. The Irrational Economist challenges the conventional wisdom about how to make the right decisions in the new era we have entered. It reveals a profound revolution in thinking as understood by some of the greatest minds in our day, and underscores the growing role and impact of economists and other social scientists as they guide our most important personal and societal decisions.

The Irrational Ape

The Irrational Ape
Why Flawed Logic Puts us all at Risk and How Critical Thinking Can Save the World

by David Robert Grimes

  • Publisher : Simon and Schuster
  • Release : 2019-09-05
  • Pages : 400
  • ISBN : 1471178277
  • Language : En, Es, Fr & De
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THE IRISH TIMES TOP FIVE BESTSELLER 'An unstoppable page-turner. If our leaders were forced to read this book, the world would be a safer place' Richard Dawkins 'A beautifully reasoned book about our own unreasonableness' Robin Ince Why did revolutionary China consider the sparrow an 'animal of capitalism' - and what happened when they tried to wipe them out? With a cast of murderous popes, snake-oil salesmen and superstitious pigeons, find out why flawed logic puts us all at risk, and how critical thinking can save the world. It may seem a big claim, but knowing how to think clearly and critically has literally helped save the world. In September 1983, at the height of the Cold War, the Soviet Union's early warning system showed five US missiles heading towards the country. Stanislaw Petrov knew his duty: he was to inform Moscow that nuclear war had begun, so that they could launch an immediate and devastating response. Instead, he made a call to say the system was faulty. He'd assessed the situation and reasoned that an error was more likely than such a limited attack. We may not have to save the planet from nuclear annihilation, of course, but our ability to think critically has never been more important. In a world where fake news, mistrust of experts, prejudice and ignorance all too often hold sway, we can all too easily be misled over issues such as vaccinations, climate change or conspiracy theories. We live in an era where access to all the knowledge in the world is at our fingertips, yet that also means misinformation and falsehoods can spread further and faster than ever before. In The Irrational Ape, David Robert Grimes shows how we can be lured into making critical mistakes or drawing false conclusions, and how to avoid such errors. Given the power of modern science and the way that movements can unite to protest a cause via social media, we are in dangerous times. But fortunately, we can learn from our mistakes, and by critical thinking and scientific method we can discover how to apply these techniques to everything from deciding what insurance to buy to averting global disaster. This book, packed with fascinating case studies and examples, helps ensure we are ready for the modern world.

The Routledge International Handbook of Research on Teaching Thinking

The Routledge International Handbook of Research on Teaching Thinking
A Book

by Rupert Wegerif,Li Li,James C. Kaufman

  • Publisher : Routledge
  • Release : 2015-05-22
  • Pages : 488
  • ISBN : 1317752309
  • Language : En, Es, Fr & De
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The Routledge International Handbook of Research on Teaching Thinking is a comprehensive guide to research on teaching thinking. Teaching thinking is key to growing a more successful economy, is needed for increased democratic engagement and is vital for the well-being of individuals faced with the complexity of a globalised world. However, there are questions about what we mean by ‘thinking’, how best to teach it and how best to assess it, and it is these questions that this handbook explores and addresses. Containing surveys and summaries of international, cutting-edge research on every aspect of teaching thinking in a range of contexts, the handbook is thorough in its delivery, examining many different approaches and methods to help readers understand what teaching thinking is and how we can best take this movement forward. Key topics include: • Theoretical perspectives on teaching thinking • Approaches for teaching thinking • Developing creative thinking • Developing critical thinking and metacognition • The assessment of thinking • Teaching thinking in the context of STEM • Collaborative thinking and new technology • Neuro-educational research on teaching thinking This book is an essential guide for policy-makers, teachers and researchers who are interested in teaching thinking

Foundational Principles of Contract Law

Foundational Principles of Contract Law
A Book

by Melvin A. Eisenberg

  • Publisher : Oxford University Press
  • Release : 2018-09-20
  • Pages : 504
  • ISBN : 0199875677
  • Language : En, Es, Fr & De
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Foundational Principles of Contract Law not only sets out the principles and rules of contract law, it places more emphasis on what the principles and rules of contract law should be, based on policy, morality, and experience. A major premise of the book is that the best way to grasp contract law is to understand it from a critical perspective as an organic, dynamic subject. When contract law is approached in this way it is much easier to grasp and learn than when it is presented simply as a static collection of principles and rules. Professor Eisenberg covers almost all areas of contract law, including the enforceability of promises, remedies for breach of contract, problems of assent, form contracts, the effect of mistake and changed circumstances, interpretation, and problems of performance. Although the emphasis of the book is on the principles and rules of contract law, it also covers important theories in contract law, such as the theory of efficient breach, the theory of overreliance, the normative theory of contracts, formalism, and theories of contract interpretation.

Behavioural Finance for Private Banking

Behavioural Finance for Private Banking
A Book

by Thorsten Hens,Kremena Bachmann

  • Publisher : John Wiley & Sons
  • Release : 2011-07-05
  • Pages : 270
  • ISBN : 0470742070
  • Language : En, Es, Fr & De
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A complete framework for applications of behavioral finance in private banking, Behavioural Finance for Private Banking considers client needs specific to private banking like personal circumstances, objectives, and attitude to risk. This book includes the theoretical foundations of investment decision-making, an introduction to behavioral biases, an explanation of cultural differences in global business, a guide to asset allocation over the life cycle of the investment, and several case studies to illustrate how can be applied. A must-read for anyone in private banking, this book demonstrates how to satisfy client needs.

Theory of Decision under Uncertainty

Theory of Decision under Uncertainty
A Book

by Itzhak Gilboa

  • Publisher : Cambridge University Press
  • Release : 2009-03-16
  • Pages : 329
  • ISBN : 1107782511
  • Language : En, Es, Fr & De
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This book describes the classical axiomatic theories of decision under uncertainty, as well as critiques thereof and alternative theories. It focuses on the meaning of probability, discussing some definitions and surveying their scope of applicability. The behavioral definition of subjective probability serves as a way to present the classical theories, culminating in Savage's theorem. The limitations of this result as a definition of probability lead to two directions - first, similar behavioral definitions of more general theories, such as non-additive probabilities and multiple priors, and second, cognitive derivations based on case-based techniques.