Ralph Hertwig and Stefan M. Herzog Homo economicus cannot help but be puzzled by people's baffling array of social behaviors that conflict with economic theory. To accommodate these “deviant” behaviors within the standard view of rationality, defined in terms of probability theory, logic and rational...

Klaus Fiedler and Michaela Wänke The entire discipline of social cognition has been greatly influenced by the heuristics-and-biases research program, which was traditionally based on an internal attribution of bounded rationality to the individual's motives and resource limitations. The cognitive...

Martie G. Haselton , Gregory A. Bryant , Andreas Wilke , David A. Frederick , Andrew Galperin , Willem E. Frankenhuis , Tyler Moore A casual look at the literature in social cognition reveals a vast collection of biases, errors, violations of rational choice, and failures to maximize utility. One is...

Abstract: Current data structures for searching large string collections either fail to achieve minimum space or cause too many cache misses. In this paper we discuss some edge linearizations of the classic trie data structure that are simultaneously cache-friendly and compressed. We provide new insights...

The adaptive toolbox is a Darwinian-inspired theory that conceives of the mind as a modular system that is composed of heuristics, their building blocks, and evolved capacities. The study of the adaptive toolbox is descriptive and analyzes the selection and structure of heuristics in social and physical...

Abstract: Formulating the problem of compound lotteries, which marks the origination of expected utility theory (EUT), has generated a stream of formal work in the field of economics decision making. Where subjective EUT determines the rational choice, exploring the process of choice and observed use...

Wisdom grantees Michael Sargent and Shabnam Mousavi examine the question. Anchoring Judgment in Wise Principles Michael J. Sargent, Bates College, United States I’ve been asked to write a blog entry about a related pair of questions: “Can the unwise recognize wisdom?” and “Can one act wisely without...

I just came back from our first conference of “wisdom scholars” in Chicago, and was fascinated by the topics that the wisdom grant winners are investigating. I thought I would try to blog about a topic that allowed me to mention several of them. Wisdom commonly is thought of as something that one accumulates...