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© 2004

Cognitive Economics

An Interdisciplinary Approach

  • Paul Bourgine
  • Jean-Pierre Nadal
Book

Table of contents

  1. Front Matter
    Pages I-XIV
  2. What is Cognitive Economics?

    1. Paul Bourgine
      Pages 1-12
  3. Conceptual and Theoretical Bases

    1. Front Matter
      Pages 13-13
    2. Economics

      1. Mohammed Abdellaoui
        Pages 15-32
      2. Alan Kirman
        Pages 33-53
      3. Bernard Walliser
        Pages 55-78
    3. Cognitive Science

    4. Statistical Physics

      1. Mirta B. Gordon
        Pages 131-156
      2. Sorin Solomon, Peter Richmond, Ofer Biham, Ofer Malcai
        Pages 169-180
  4. Research Areas

    1. Front Matter
      Pages 181-181
    2. Beliefs

      1. Bernard Walliser
        Pages 183-197
      2. André Orléan
        Pages 199-212
      3. David Makinson
        Pages 213-227
      4. Jean-Marc Tallon, Jean-Christophe Vergnaud
        Pages 229-243
    3. Evolution and Dynamics

      1. Richard Baron, Jacques Durieu, Hans Haller, Philippe Solal
        Pages 267-279
      2. Jean-François Laslier
        Pages 281-291

About this book

Introduction

The social sciences study knowing subjects and their interactions. A "cog­ nitive turn", based on cognitive science, has the potential to enrich these sciences considerably. Cognitive economics belongs within this movement of the social sciences. It aims to take into account the cognitive processes of individuals in economic theory, both on the level of the agent and on the level of their dynamic interactions and the resulting collective phenomena. This is an ambitious research programme that aims to link two levels of com­ plexity: the level of cognitive phenomena as studied and tested by cognitive science, and the level of collective phenomena produced by the economic in­ teractions between agents. Such an objective requires cooperation, not only between economists and cognitive scientists but also with mathematicians, physicists and computer scientists, in order to renew, study and simulate models of dynamical systems involving economic agents and their cognitive mechanisms. The hard core of classical economics is the General Equilibrium Theory, based on the optimising rationality of the agent and on static concepts of equilibrium, following a point of view systemised in the framework of Game Theory. The agent is considered "rational" if everything takes place as if he was maximising a function representing his preferences, his utility function.

Keywords

agents bounded rationality calculus computational economics dynamics economic dynamics economic theory economics efficiency equilibrium game theory general equilibrium rational choice social choice social networks

Editors and affiliations

  • Paul Bourgine
    • 1
  • Jean-Pierre Nadal
    • 2
  1. 1.École PolytechniqueCNRS CREAParisFrance
  2. 2.École Normale SupérieureLPS (CNRS UMR8550) and CENECCParis CEDEX 05France

Bibliographic information

  • Book Title Cognitive Economics
  • Book Subtitle An Interdisciplinary Approach
  • Editors Paul Bourgine
    Jean-Pierre Nadal
  • DOI https://doi.org/10.1007/978-3-540-24708-1
  • Copyright Information Springer-Verlag Berlin Heidelberg 2004
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Hardcover ISBN 978-3-540-40468-2
  • Softcover ISBN 978-3-642-07336-6
  • eBook ISBN 978-3-540-24708-1
  • Edition Number 1
  • Number of Pages XIV, 479
  • Number of Illustrations 0 b/w illustrations, 0 illustrations in colour
  • Topics Economic Theory/Quantitative Economics/Mathematical Methods
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking
Law

Reviews

From the reviews:

"‘Cognitive Economics’ is a newcomer to economic research. … This book, carrying the new subdiscipline’s name as its title, collects 27 articles from fields as diverse as economics, artificial intelligence, logic, psychology and physics. … the book serves both as an introduction to the field … as well as a ‘tool for future research’. The anthology fulfils these two purposes well. … It will be of interest to a wide range of researchers from cognitive science, economics, the social sciences and AI." (Till Grüne-Yanoff, Economics and Philosophy, Vol. 22, 2006)