BIASED RATIONALITY AND THE SYSTEMATIC THINKING ERRORS
BIASED RATIONALITY AND THE SYSTEMATIC THINKING ERRORS

Summary/Abstract: The problem of rationality as a faculty every human being should possess and the apparent irrationality of individuals manifested in numerous cognitive biases have been subjects of concern for specialists in different fields of study, such as philosophy, psychology, cognitive science, economic science, etc. Various authors have tried to offer different definitions of rationality and understand all the biases or judgement errors the human mind is systematically prone to. Individuals are equipped with a biased rationality, which does not mean or imply that they are unwise or injudicious. On the contrary, this biased rationality helps human beings make rapid, effortless, automatic, usually correct and beneficial decisions in vital situations, when they are confronted with a series of internal and external constraints. Although this biased rationality may not pass the test of logic, it seems to be good enough for humans' evolutionary goals.

• Details
• Contents