Walliser - Cognitive Economics (Springer, 2008).pdf - Economics - sigebryht

Cognitive Economics

Bernard Walliser

Cognitive Economics

123

Professor Bernard Walliser

Paris School of Economics PSE

48, boulevard Jourdan

75014 Paris

France

ISBN 978-3-540-71346-3

e-ISBN 978-3-540-71347-0

DOI 10.1007/978-3-540-71347-0

Library of Congress Control Number: 2007937634

2008 Springer-Verlag Berlin Heidelberg

Original version in French language published as “L’Economie Cognitive”, c

Odile Jacob, 2000

This work is subject to copyright. All rights are reserved, whether the whole or part of the material is

concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting,

reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication

or parts thereof is permitted only under the provisions of the German Copyright Law of September 9,

1965, in its current version, and permission for use must always be obtained from Springer. Violations

are liable to prosecution under the German Copyright Law.

The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply,

even in the absence of a specific statement, that such names are exempt from the relevant protective laws

and regulations and therefore free for general use.

Production: LE-T E X Jelonek, Schmidt & Vöckler GbR, Leipzig

Coverdesign: WMX Design GmbH, Heidelberg

Printed on acid-free paper

987654321

springer.com

Contents

Introduction......................................... 1

1Structureofindividualbeliefs........................ 9

1.1Syntacticalbeliefs..................................10

1.2Semanticalbeliefs..................................12

1.3Linkbetweensyntaxandsemantics...................14

1.4Probabilisticbeliefs.................................16

1.5Syntacticpropertiesofbeliefs........................18

1.6Semanticpropertiesofbeliefs........................21

1.7Homo-hierarchicalbeliefs............................23

1.8Hetero-hierarchicalbeliefs...........................25

2Changeofindividualbeliefs..........................29

2.1Contextsofbeliefchange............................30

2.2Syntacticchange...................................32

2.3Semanticchange...................................34

2.4Probabilisticchange................................36

2.5Iteratedchange....................................38

2.6Changeofhierarchicalstructures.....................41

2.7Reasoningoperations...............................43

2.8Reasoningandbeliefrevision........................45

3Decision-makingasreasoning........................49

3.1Rationalchoicemodels..............................50

3.2Strongrationalitymodels...........................52

3.3Sourcesofuncertainty..............................54

3.4Choicerulesunderuncertainty.......................56

3.5Cognitivee®ects...................................59

3.6Contextualchoicerules.............................61

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