My argument is intended to be both critical and constructive, exploring the claims of the emerging school of behaviouralism associated with Kahneman and Tversky now sweeping the social sciences. Most importantly
Psychological observations are by now well integrated into economics, especially in the theory of finance, as can also be seen in the Nobel Prize awarded to Thaler. On the contrary, Simon’s attempt to reforge economic theory on the paradigm of bounded rationality failed. Starting from the birth...
In his 40-year-long academic career, Thaler has been one of the key contributors to the body of research that spurred the establishment of behavioural economics and behavioural finance as fields of study. The Royal Swedish Academy of Sciences in its press release announcing the 2017 economics pri...
Large language models (LLMs) are increasingly used in applications where they interact with humans and other agents. We propose to use behavioural game theory to study LLMs’ cooperation and coordination behaviour. Here we let different LLMs play finitel
ENTREPRENEURIAL OPTIMISM, THE NATURE OF ENTREPRENEURIAL EXPERIENCE AND DEBT DECISION FOR BUSINESS START-UPBehavioural corporate financestart-upoverconfidencedynamic trade-off theorydeficitexperienceHÉDIA FOURATI and RIHAB BEN ATTITALAH, Int. J. Innov. Mgt. https://doi.org/10.1142/S136391961850024X...
behavioural control(行为控制) Drosophila(果蝇) command-like neurons(命令样神经元) motor circuits(运动回路) neuromodulatory(神经调节) 研究背景 动物,包括人类,能够产生多种行为,从逃避捕食者的刻板动作到在复杂地形上的导航。 这些行为需要脊椎动物脊髓或无脊椎动物腹神经索中的运动回路控制多个关节自由度。 除了...
人工智能先驱Herbert Simon及其著作The Sciences of the Artificial 和Simon的思想一致,我们这样描述一个新兴的交叉学科:这个学科研究智能机器,但是并不是从工程机器的角度去理解它们,而是将其视为一系列有自己行为模式及生态反应的个体。 这个领域与计算机和机器人学科有关联性,但是又相互独立。从经验的角度去解释智能机...
How does management consider biases and behavioural finance in financial decision making? Explain the concept of make-or-buy decisions. What are some of the factors that affect these decisions? What are decision-making styles in business?
The scale of the biodiversity crisis laid bare Mojave Ghost: an emotive journey along the San Andreas Fault Five protein-design questions that still challenge AI COP29: involve the IPCC in defining climate finance A spider’s windproof web India’s US$20-billion fertilizer subsidies could do mor...
By addressing both the depth of the method used and concerns about the generalizability of behavioural research29, the richer perspective of our approach to measuring intertemporal decision-making in a global sample allows us to assess the presence and prevalence of anomalies in local contexts. It ...