Cognitive Economics

In this book, cognitive economics is understood either in a broad sense as the influence exerted by some achievements of cognitive science on economics, or in a more restricted sense as the study of mental and adaptation processes implemented by economic agents in their interactions. In response to some critics addressed to the rationality and equilibrium principles in classical economics, cognitive economics associates an epistemic program grounded on individual beliefs and reasoning and an evolutionist program concerned with learning processes in a social context. The book, which is the result of the first Conference about Cognitive Economics held in Europe, gives an overview of various recent achievements of cognitive economics and is intended to better define its motivations and its boundaries. The proposed articles deal with the individual deliberation process of a single decision-maker, the conjoint learning process of several players in a game, the coordination of heterogenous economic agents through beliefs as well as with applications to entrepreneurial behavior, consumer interactions or knowledge economics. These articles also illustrate the different tools and methods which are currently used in the domain and enlarge those traditionally used in economics, from analytical work to model simulations, from conceptual work to laboratory experiments. "Contributions to Economic Analysis" was established in 1952. The series purpose is to stimulate the international exchange of scientific information. The series includes books from all areas of macroeconomics and microeconomics.

ISBN 0444522425   Pages 278 ISBN13 9780444522429 (What's this?)   Volumes 1 Publisher Emerald Group Publishing Limited   Published in Kidlington Imprint Elsevier Science Ltd   Series ISSN 0573-855 Format Hardback   Series title Contributions to Economic Analysis Publication date 01 Dec 2006   Height (mm) 229 Library of Congress 2006050294   Width (mm) 152 DEWEY 330.019   Academic level Professional / Scholarly DEWEY edition DC22

Pt. I		Decision and beliefs		13
Ch. 1		Decomposition patterns in problem solving by Massimo Egidi		15
Ch. 2		Impossible states at work : logical omniscience and rational choice by Mikael Cozie		47
Ch. 3		Reference-dependent preferences : an axiomatic approach to the underlying cognitive process by Raphael Giraud		69
Ch. 4		A cognitive approach to context effects on individual decision making under risk by Boicho Kokinov and Daniela Raeva		99
Pt. II		Games and evolution		117
Ch. 5		On boundedly rational rules for playing normal form games by Fabrizio Germano		119
Ch. 6		Contagion and dominating sets by Jacques Durieu and Hans Haller and Philippe Solal		135
Ch. 7		Selective interaction with reinforcing preference by Akira Namatame		153
Pt. III		Economic applications		175
Ch. 8		Choice under social influence : effects of learning behaviours on the collective dynamics by Viktoriya Semeshenko and Mirta B. Gordon and Jean-Pierre Nadal and Denis Phan		177
Ch. 9		Cognition, types of "tacit knowledge" and technology transfer by Andrea Pozzali and Riccardo Viale		205
Ch. 10		Overconfidence, trading and entrepreneurship : cognitive and cultural processes in risk-taking by Denis Hilton		225

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