
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
This book introduces readers to "cognitive economics, " a rapidly emerging interdisciplinary science built on economic, psychological, and data scientific foundations. Throughout the book, economist Andrew Caplin provides new approaches to help scholars collaborate and solve problems that can shape economic outcomes and bridge the gap between theoretical knowledge and the real world.
Divided into two parts, the first section brings readers up to speed on economic concepts thatunderlie decision-making mistakes, such as utility functions, subjective beliefs, and costs of learning. It also explores real-world applications, including improvements in legal decision-making, online privacy protection, and optimizing human-AI collaboration.The book also discusses the future impact of AI on the workforce and emphasizes the need for decision-making skills and financial literacy in navigating this evolving landscape. In the second section of the book, Caplin addresses the barriers to progress within social sciences, advocating for interdisciplinary cooperation and innovative measurement techniques to advance the field.
The book invites readers to contribute to the development of cognitive economics.Whether you are a socially-conscious and hard-working citizen, business leader, scholar, or policymaker, this book will help you understand why cognitive economics matters to youand how you cancontribute to its takeoff.
This book is available open access, which means it is freely available online.
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Information
Table of contents
- Cover
- Front Matter
- 1. Introduction to Cognitive Economics
- 2. Cognitive Household Finance
- 3. Measuring and Minimizing Mistakes
- 4. Cognitive Economics at Work
- 5. Cognitive Capital and Human-AI Interactions
- 6. Work Skills for the Cognitive Economy
- 7. Cognitive Economics of Teaching
- 8. Cognitive Economics Takes Off
- 9. Next Steps in Research, Business, and Policy
- 10. Accelerating Cognitive Economics: Why Now, and How?
- Back Matter