

Brian
Jun 13, 2024
Bounded Rationality
Simplistically, the concept of bounded rationality posits that there are limitations to human cognition with respect to information avail...


Brian
Jun 15, 2023
You Can't Spell AI Without Herbert Simon
Simon predicted, in 1957, that a computerized chess machine would surpass human players by 1967. He was premature in his timing but...

Brian
Nov 10, 2022
Less is More
Additional bits of information trick us into thinking we are better informed. We gain a false sense of confidence even though additional...


Brian
Jun 16, 2022
Happy Birthday, Herbert!
We do not think about utility functions and decision maximization theories every time we face a choice. Instead, we rely on heuristics and..