||7 of 8 people found the following review helpful.| Thoughts on optimization in human affairs|By Jordan Bell|The first chapter presents the idea that in making optimal decisions we should take the costs of making decision into account, and that therefore in making decisions what we actually do is not optimize taking everything in existence and for all eternity into account, but only a small number of variables. This leads to a
What can reason (or more broadly, thinking) do for us and what can't it do? This is the question examined by Herbert A. Simon, who received the 1978 Nobel Prize in Economic Sciences "for his pioneering work on decision-making processes in economic organizations."
The ability to apply reason to the choice of actions is supposed to be one of the defining characteristics of our species. In the first two chapters, the author explores the nature and limits of... [PDF.tw31] Reason in Human Affairs Rating: 3.83 (629 Votes)
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