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[VoxEU.org: Recent Articles] Bounded rationality and the credit crisis | vox - Research-based ...: Intuitively, the current financial environment seems to expose a lack of rationality in market participants. The task for researchers is to find whether specific irrationalities provide evidence to support any particular behavioural models.

[Untitled] Neoclassical, institutional, and marxist approaches to the ...: Intergenerational concerns are included in the form of a discount rate, which is determined by the extent that today’s generation acknowledges and decides to take responsibility for future generations. Technically speaking, if the current generation does not gain utility from imagining the well-being of the next generation, one can predict with the application of a high discount rate and the over-consumption of natural resources by the current generation.

[Untitled] P2P Foundation » Blog Archive » A critique of the market as ...: This limitation has inspired a number of alternative approaches to economics, ranging from Herbert Simon’s early theories of bounded rationality through the more recent work on limited and asymmetric information by Joseph Stiglitz and others. Since no one ever has complete information about what’s available on the market, there is no guarantee that unregulated private markets will reach the ideal outcome.

[Untitled] Information Directory » HEALTH A CIVIC OBLIGATION: _Because the problems of health have to do principally with environment,–home, street, school, business,–it is worth while trying to relate hygiene instruction to industry and government, to preach health from the standpoint of industrial and national efficiency rather than of individual well-being._ Since healthful living requires the coöperation of all persons in a household, in a group, or in a community, we must find some working programme that will make it easy for all the members of the group to observe health standards. A city government that spends taxes inefficiently can produce more sickness, wretchedness, incapacity in one year than pamphlets on health can offset in a generation.

[Untitled] We don't need no thought control | Gristmill: The environmental ...: I've never gotten a dime for the thousands of hours I've spent enforcing environmental laws. Nada. I have had my charming county commissioners spend over $30000 on a disinformation campaign trying to incite violence against me. ...

[Untitled] The Agile Disease « Luke Halliwell’s Weblog: The worst part of Agile/Scrum/fad-of-the-week is the micromanagement and “enforced mediocrity” that often results from it.

[Untitled] Open Source » Blog Archive » Global Warming: Oceans: Allison notes humans are adaptable and resilient and I would argue despite PLNâ€â™s contention to the contrary, they are rational (rationality is a function of oneâ€â™s beliefs, and system of logic – one personâ€â™s rationality may be anotherâ€â™s insanity.) Humans act in a manner consistent with what they believe is beneficial to their situation, even altruism that seems to contravene oneâ€â™s best interest is rational because it is believed that anotherâ€â™s welfare trumps their own cost/benefit calculation.

[Untitled] The blog for EXPELLED: No Intelligence Allowed » Blog Archive ...: When we recognize the self-same humanity and brotherhood in blacks and all people of color, and acknowledge the stamp of divinity in every human, that ALL people are made in the image of God, that we can ALL change and be better today than we were yesterday, that there is faith for the moment and hope for tomorrow, THAT is the truth that grounds us and sets men free. And THAT is what I want to be associated with.

[TheBankAccounts.com WebLog] Strategic Management: bounded rationality, satisfying behaviour, profit sub-optimality. An example of a company that currently operates this way is Google

Reflected tags on Technorati: Blog, Environment, The Green Files