As Blaug (1992) demonstrates, anomalies arising from such evidence were initially rejected as random micro-level perturbations, though the mainstream has increasingly sought to theorise such deviations from the predictions of hyper-rational
behaviour and the pertinence of socioeconomic institutions in shaping this behaviour and aggregate outcomes, as examined below (Wolff and Resnick 2012).
The author tells a first-person story of his own transformation from someone who, thanks to his own powerful Judge and Hyper-Rational
saboteurs, was ruining his own prospects for success.
Max Weber's well known thesis about rationalization processes is turned upside down: Western corporations promote rather traditional values, countered by Chinese managers with hyper-rational
MIT Press (Cambridge, MA) has published "Heuristics and the Law," a clothbound book that accepts that neither lawbreakers nor law officers behave as the "hyper-rational
beings postulated by rational choice," MIT said, and that our environment is fundamentally uncertain and characterized by an unmanageable degree of complexity.
A selective reading of sources also leads to problems in chapter six, where Weitzman expresses a hyper-rational
attitude toward magical practice that is unlikely to reflect the more matter-of-fact approach that most ancients would have taken toward such ritual technologies.
It's so wonderful to see these hyper-rational
people go spiraling off into what sounds exactly like mysticism.
While this model has facilitated educators' attempts to address the logistical and efficiency issues associated with the mandate of educating the masses (a diverse group indeed), it often falls short of facilitating the work done by teachers in classrooms by perpetuating a hyper-rational
view of teaching.
Arrow goes on to cite two well-documented heuristics that, as alternatives to the hyper-rational
expectations hypothesis, go a long way toward explaining the existence of occasional asset-pricing bubbles.
But because the strongest case for liberalism does not rest on the assumption that people are hyper-rational
, discovering and cataloging the many ways that individuals deviate from hyper-rationality does surprisingly little damage to liberalism's rationale.
In this sense, this book represents a different course of action, agents are not assumed to be hyper-rational
, but on the other hand they are not devoid of rationality: they adapt.
The film's poetry--because it remains deeply poetic, through its faults--lies in the realization by the hyper-rational
Alice that not all aspects of life can be easily, factually explained.
Very well, such a hyper-rational
agent cannot obey the desire-as-belief thesis.