Routledge Handbook of Bounded Rationality

The ongoing process of digitalization seems to be changing our world dramatically. While many of these changes might lead to improvements for human well-being, others might entail profoundly disastrous consequences both for individuals and for societies as a whole. One research program that might be...

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Aineistotyyppi: Online
Kieli:englanti
Julkaistu: Taylor & Francis 2022
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collection Directory of Open Access Books
description The ongoing process of digitalization seems to be changing our world dramatically. While many of these changes might lead to improvements for human well-being, others might entail profoundly disastrous consequences both for individuals and for societies as a whole. One research program that might be particularly suitable for studying environmental changes is the fast-and-frugal heuristics framework. This theoretical framework adopts an ecological perspective on human behavior, cognition, and performance. In an uncertain world, humans, so the argument goes, can adaptively respond to environmental demands by relying on a repertoire of simple decision strategies, called heuristics. Selecting heuristics that fit the environment results in adaptive behavior. This chapter focuses on the possible negative aspects of digitalization to discuss how the science of heuristic decision making under uncertainty might aid reflection on how individuals navigate their way through sudden, disruptive, and thorough environmental changes. Specifically, it sketches out what aversive future digital environments might look like, and which heuristics individuals and societies might rely upon in order to manage those aversive environments. The chapter concludes by (1) pointing to a series of research questions about how digital environments might differ from other environments that we humans have encountered both in our more recent history and over the course of our evolution, as well as (2) turning to questions about children and education.
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spelling doab-20.500.12854ir-773962025-07-30T11:56:25Z Routledge Handbook of Bounded Rationality VIALE, RICCARDO digitalization; heterodox economics; heuristics framework; ecological perspectives on human behaviour; heuristics; economic uncertainty; environmental change; digital environments thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history thema EDItEUR::K Economics, Finance, Business and Management::KC Economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history thema EDItEUR::K Economics, Finance, Business and Management::KC Economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry The ongoing process of digitalization seems to be changing our world dramatically. While many of these changes might lead to improvements for human well-being, others might entail profoundly disastrous consequences both for individuals and for societies as a whole. One research program that might be particularly suitable for studying environmental changes is the fast-and-frugal heuristics framework. This theoretical framework adopts an ecological perspective on human behavior, cognition, and performance. In an uncertain world, humans, so the argument goes, can adaptively respond to environmental demands by relying on a repertoire of simple decision strategies, called heuristics. Selecting heuristics that fit the environment results in adaptive behavior. This chapter focuses on the possible negative aspects of digitalization to discuss how the science of heuristic decision making under uncertainty might aid reflection on how individuals navigate their way through sudden, disruptive, and thorough environmental changes. Specifically, it sketches out what aversive future digital environments might look like, and which heuristics individuals and societies might rely upon in order to manage those aversive environments. The chapter concludes by (1) pointing to a series of research questions about how digital environments might differ from other environments that we humans have encountered both in our more recent history and over the course of our evolution, as well as (2) turning to questions about children and education. 2022-01-19T04:06:19Z 2022-01-19T04:06:19Z 2022-01-18T15:23:15Z 2021 book OCN: 1164818337 https://library.oapen.org/handle/20.500.12657/52499 9781138999381 9780367563943 9781315658353 https://directory.doabooks.org/handle/20.500.12854/77396 eng open access Taylor & Francis Routledge 10.4324/9781315658353 10.4324/9781315658353 fa69b019-f4ee-4979-8d42-c6b6c476b5f0 Chapter 18 The winds of change 9781138999381 9780367563943 9781315658353 Routledge open access
spellingShingle digitalization; heterodox economics; heuristics framework; ecological perspectives on human behaviour; heuristics; economic uncertainty; environmental change; digital environments
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
Routledge Handbook of Bounded Rationality
title Routledge Handbook of Bounded Rationality
title_full Routledge Handbook of Bounded Rationality
title_fullStr Routledge Handbook of Bounded Rationality
title_full_unstemmed Routledge Handbook of Bounded Rationality
title_short Routledge Handbook of Bounded Rationality
title_sort routledge handbook of bounded rationality
topic digitalization; heterodox economics; heuristics framework; ecological perspectives on human behaviour; heuristics; economic uncertainty; environmental change; digital environments
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
topic_facet digitalization; heterodox economics; heuristics framework; ecological perspectives on human behaviour; heuristics; economic uncertainty; environmental change; digital environments
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
url OCN: 1164818337