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Cognitive Economics

An Interdisciplinary Approach

  • Book
  • © 2004

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Editors:
  1. Paul Bourgine

    1. École Polytechnique, CNRS CREA, Paris, France

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  2. Jean-Pierre Nadal

    1. École Normale Supérieure, LPS (CNRS UMR8550) and CENECC, Paris CEDEX 05, France

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Table of contents (27 chapters)

  1. Front Matter

    Pages I-XIV
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  2. What is Cognitive Economics?

    1. What is Cognitive Economics?

      • Paul Bourgine
      Pages 1-12

  3. Conceptual and Theoretical Bases

    1. Front Matter

      Pages 13-13
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    2. Economics

      1. Rational Choice under Uncertainty
        • Mohammed Abdellaoui
        Pages 15-32
      2. General Equilibrium
        • Alan Kirman
        Pages 33-53
      3. The Principles of Game Theory
        • Bernard Walliser
        Pages 55-78

    3. Cognitive Science

      1. Rationality and the Experimental Study of Reasoning
        • Guy Politzer
        Pages 79-93
      2. Supraclassical Inference without Probability
        • David Makinson
        Pages 95-111
      3. From Natural to Artificial Intelligence: Numerical Processing for Cognitive Tasks
        • Frédéric Alexandre, Hervé Frezza-Buet
        Pages 113-130

    4. Statistical Physics

      1. An Introduction to Statistical Mechanics
        • Mirta B. Gordon
        Pages 131-156
      2. Spontaneous Symmetry Breaking and the Transition to Disorder in Physics
        • Serge Galam
        Pages 157-168
      3. Co-Evolutionist Stochastic Dynamics: Emergence of Power Laws
        • Sorin Solomon, Peter Richmond, Ofer Biham, Ofer Malcai
        Pages 169-180

  4. Research Areas

    1. Front Matter

      Pages 181-181
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    2. Beliefs

      1. Topics of Cognitive Economics
        • Bernard Walliser
        Pages 183-197
      2. What is a Collective Belief?
        • André Orléan
        Pages 199-212
      3. Conditional Statements and Directives
        • David Makinson
        Pages 213-227
      4. Choice Axioms for a Positive Value of Information
        • Jean-Marc Tallon, Jean-Christophe Vergnaud
        Pages 229-243

    3. Evolution and Dynamics

      1. Elements of Viability Theory for the Analysis of Dynamic Economics
        • Jean-Pierre Aubin
        Pages 245-266
      2. Stochastic Evolutionary Game Theory
        • Richard Baron, Jacques Durieu, Hans Haller, Philippe Solal
        Pages 267-279
      3. The Evolutionary Analysis of Signal Games
        • Jean-François Laslier
        Pages 281-291
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Keywords

About this book

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.

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)

Editors and Affiliations

  • École Polytechnique, CNRS CREA, Paris, France

    Paul Bourgine

  • École Normale Supérieure, LPS (CNRS UMR8550) and CENECC, Paris CEDEX 05, France

    Jean-Pierre Nadal

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

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin Heidelberg 2004

  • Hardcover ISBN: 978-3-540-40468-2Published: 08 January 2004

  • Softcover ISBN: 978-3-642-07336-6Published: 30 November 2010

  • eBook ISBN: 978-3-540-24708-1Published: 20 March 2013

  • Edition Number: 1

  • Number of Pages: XIV, 479

  • Topics: Economic Theory/Quantitative Economics/Mathematical Methods

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