Mind, Rationality, and Cognition: An Interdisciplinary Debate

Psychon Bull Rev, DOI 10.3758/s13423-017-1333-5

34 Pages Posted: 13 Oct 2017

See all articles by Nick Chater

Nick Chater

University of Warwick - Warwick Business School

Teppo Felin

University of Oxford - Said Business School

David C. Funder

University of California, Riverside

Gerd Gigerenzer

Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Human Development

Jan Koenderink

KU Leuven; Utrecht University

Joachim Krueger

Brown University

Denis Noble

University of Oxford

Samuel Nordli

Indiana University Bloomington - Department of Psychological and Brain Sciences

Mike Oaksford

Birkbeck University of London

Barry Schwartz

University of California, Berkeley - Haas School of Business

Keith Stanovich

University of Toronto

Peter Todd

Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Human Development

Date Written: October 12, 2017

Abstract

This article features an interdisciplinary debate and dialogue about the nature of mind, perception, and rationality. Scholars from a range of disciplines — cognitive science, applied and experimental psychology, behavioral economics, and biology — offer critiques and commentaries of a target article by Felin, Koenderink, and Krueger: “Rationality, Perception, and the All-Seeing Eye,” Psychonomic Bulletin & Review. The commentaries raise a number of criticisms and issues concerning rationality and the all-seeing-eye argument, including the nature of judgment and reasoning, biases versus heuristics, organism-environment relations, perception and situational construal, equilibrium analysis in economics, efficient markets, and the nature of empirical observation and the scientific method. The debated topics have far-reaching consequences for the rationality literature specifically, as well as for the cognitive, psychological, and economic sciences more broadly. The commentaries are followed by a response from the authors of the target article. Their response is organized around three central issues: (1) the problem of cues; (2) what is the question?; and (3) equilibria, $500 bills, and the axioms of rationality.

Keywords: behavioral economics, rationality, cognition, psychology

JEL Classification: D9, D91, G4, G41, D8, D83

Suggested Citation

Chater, Nick and Felin, Teppo and Funder, David C. and Gigerenzer, Gerd and Koenderink, Jan and Krueger, Joachim and Noble, Denis and Nordli, Samuel and Oaksford, Mike and Schwartz, Barry and Stanovich, Keith and Todd, Peter, Mind, Rationality, and Cognition: An Interdisciplinary Debate (October 12, 2017). Psychon Bull Rev, DOI 10.3758/s13423-017-1333-5, Available at SSRN: https://ssrn.com/abstract=3051807

Nick Chater

University of Warwick - Warwick Business School ( email )

Coventry CV4 7AL
United Kingdom

HOME PAGE: http://www.wbs.ac.uk/about/person/nick-chater/

Teppo Felin (Contact Author)

University of Oxford - Said Business School ( email )

Park End Street
Oxford, OX1 1HP
Great Britain

HOME PAGE: http://sites.google.com/site/teppofelin2/

David C. Funder

University of California, Riverside ( email )

900 University Avenue
Riverside, CA 92521
United States
909-787-3938 (Phone)

Gerd Gigerenzer

Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Human Development ( email )

Lentzeallee 94
D-14195 Berlin, 14195
Germany

Jan Koenderink

KU Leuven

Oude Markt 13
Leuven, Vlaams-Brabant 3000
Belgium

Utrecht University ( email )

Vredenburg 138
Utrecht, 3511 BG
Netherlands

Joachim Krueger

Brown University ( email )

Box 1860
Providence, RI 02912
United States

Denis Noble

University of Oxford

Mansfield Road
Oxford, Oxfordshire OX1 4AU
United Kingdom

Samuel Nordli

Indiana University Bloomington - Department of Psychological and Brain Sciences

Bloomington, ID 47405
United States

Mike Oaksford

Birkbeck University of London

Malet Street
London, WC1E 7HX
United Kingdom

Barry Schwartz

University of California, Berkeley - Haas School of Business

545 Student Services Building, #1900
2220 Piedmont Avenue
Berkeley, CA 94720
United States

Keith Stanovich

University of Toronto ( email )

Toronto, Ontario M5S 3G8
Canada

Peter Todd

Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Human Development ( email )

Lentzeallee 94
D-14195 Berlin, 14195
Germany

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