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Description for Two Minds
Paperback. Explores the analytical mind and the intuitive mind. This title presents the leading theories on intuition. It considers the presumably analytic and logical nature of economics and then demonstrates the many ways in which economists from Adam Smith to Herbert Simon have relied on intuition as a fruitful mental activity. Num Pages: 188 pages, biography. BIC Classification: JFCX; KCA; KCZ. Category: (UP) Postgraduate, Research & Scholarly. Dimension: 235 x 155 x 12. Weight in Grams: 302.
As everyone knows, intuition is warm and fuzzy, qualitative, not measurable. Economics, on the other hand, is quantitative, and if it is not a hard science, at least it is the "queen of the social sciences." It is, therefore, intuitively obvious, that intuition and economics are as if oil and water. The problem is, what is intuitively obvious is not always correct. And, there are two major reasons why intuition and economics are not like oil and water. First, economics concerns itself with decision making, and decisions are made in the brain. The human brain is the size of a ... Read more
As everyone knows, intuition is warm and fuzzy, qualitative, not measurable. Economics, on the other hand, is quantitative, and if it is not a hard science, at least it is the "queen of the social sciences." It is, therefore, intuitively obvious, that intuition and economics are as if oil and water. The problem is, what is intuitively obvious is not always correct. And, there are two major reasons why intuition and economics are not like oil and water. First, economics concerns itself with decision making, and decisions are made in the brain. The human brain is the size of a ... Read more
Product Details
Format
Paperback
Publication date
2005
Publisher
Springer-Verlag New York Inc. United States
Number of pages
188
Condition
New
Number of Pages
178
Place of Publication
New York, NY, United States
ISBN
9780387232560
SKU
V9780387232560
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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