We study the co-evolution of social participation and social capital accumulation, taking the view that the former contributes to the latter, and both contribute to socially enjoyed leisure. Continue reading Social capital accumulation and the evolution of social participation
Category Archives: Rethinking Business
Subjective metaphysics and learning from experience: The causal psychology of rational choice
The evaluation of a decision maker’s degree of rationality has to do with the way in which (s)he collects and processes ‘relevant’ information. However, while the efficiency of information processing procedures is a relatively unambiguous notion, the same cannot be said of the judgements of relevance as to the information to be processed. In this paper we argue that individual decision-making processes are necessarily based on a set of meta-empirical assumptions that we call subjective metaphysics. Continue reading Subjective metaphysics and learning from experience: The causal psychology of rational choice
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