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  • RULES, a conversation with Lorraine Daston on her book “Rules”
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  • A good venue for contributions on “Embodied Bounded Rationality”
Bounded Rationality and Education

Bounded Rationality and Education

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Why do people fear the wrong things? – Gerd Gigerenzer

February 25, 2021February 25, 2021 nw3no37q 0 Comments absolute risk, absolute risk reduction, animation, breast cancer, breast cancer screening, clickbait, evaluate risk, heart attacks, how to evaluate risk, journalism, misleading headlines, misleading health information on the internet, misleading statistics, news, relative risk, relative risk reduction, risk, risk reduction, shark attacks, statistics

A new drug reduces the risk of heart attacks by 40%. Shark attacks are up by a factor of two.

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Links between Bounded Rationality and Education have been particularly strong during the last decades. Indeed, the Enlightenment view of rational human minds reasoning, making decisions and solving problems based on logic and probabilities, was shaken during the second half of the twentieth century. Cognitive psychologists and economists discovered that humans'thoughts and actions often deviate from rules imposed by strict normative theories of inference.

These discoveries have an impact on Education. So called "errors", a fundamental phenomenon in education, should be analysed from this perspective: as the results on Bounded Rationality have demonstrated, many deviations may be either valid heuristics that succeed in the environments in which humans have evolved, or biases that are caused by a lack of adaptation to abstract information formats. Humans, as the cognitive psychologist and economist Herbert Simon claimed, do not usually optimize, but rather satisfice, even when solving problem.

Recent Posts

  • RULES, a conversation with Lorraine Daston on her book “Rules”
  • Explainable AI as a tool for risk managers – Hersh Shefrin
  • Explainable AI and Bounded Rationality
  • Interview with Prof. Joachim Engel
  • A good venue for contributions on “Embodied Bounded Rationality”

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