Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
926351 | Cognition | 2015 | 4 Pages |
•Cognitive science intersects with economics in at least three ways.•First, by providing richer models of individual behaviour.•Second, using economic theory to model distributed cognition.•Third, jointly to create ‘rational’ models of cognition and social interaction.•We may be able to from behavioural to cognitive economics.
Cognitive science can intersect with economics in at least three productive ways: by providing richer models of individual behaviour for use in economic analysis; by drawing from economic theory in order to model distributed cognition; and jointly to create more powerful ‘rational’ models of cognitive processes and social interaction. There is the prospect of moving from behavioural economics to a genuinely cognitive economics.