Assuming its
hyperrationality as given, BE does not seek to investigate the psychology of this subject; instead continuing to assert that '[t]here is basically only one way to be rational' (Laibson 2002: 22).
poem combats
hyperrationality by implying that a lack of comprehension
Hopkins's fluctuation between scientific precision and artistic description reflected his belief in the rationality of hyper-observation through the keen eye and the rejection of the notion of "
hyperrationality," understanding it as the "hazardous thing." Keeping with this notion, in "Revaluing Nature: Toward an Ecological Criticism," Glen A.
I begin the analysis with some highly unrealistic assumptions about the
hyperrationality of savers and then relax them after the mechanics of the model are clear.
Several scholars have tracked the intellectual traditions affecting the presidency (e.g., Berkowitz 1999) or the changing nature of political ideologies (e.g., Gerring 1998), while others (e.g., Jamieson 1988) have lionized logical coherence and
hyperrationality in politics.
In the view of the three thinkers under discussion, human beings are not repositories of
hyperrationality. They are error prone, often short-sighted, and frequently in need of guidance by the knowledge of others.
First, as I have been at some pain to emphasize, one should avoid the postulate of
hyperrationality. Collective action, iterated games, and credibility are simple ideas that can be and have been refined to yield rococo (or baroque?) constructions that no longer bear any relation to observable behavior.
The ostensible
hyperrationality of bond traders, for instance, relies on a set of cognitive biases to edit continuous information flows from electronic, print, and interpersonal sources (pp.
Rejecting the
hyperrationality assumption of individuals preferred by many economists, Williamson draws on the work of March and Simon (1958) in adopting a bounded rationality view of human decision-making processes.
Indeed, it was the scientific
hyperrationality of someone like Szilard that Roald Hoffman had in mind when he wrote "Why Scientists Shouldn't Run the World" (Issues, Winter 1990-91).
Sass explores the
hyperrationality of modern philosophical and artistic self-reflexiveness in its affinities with schizophrenia (disavowing any attempt at influence or causality).
