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  2. Capacity theory - Wikipedia

    en.wikipedia.org/wiki/Capacity_theory

    Capacity theory is the theoretical approach that pulled researchers from Filter theories with Kahneman's published 1973 study, Attention and Effort positing attention was limited in overall capacity, that a person's ability to perform simultaneous tasks depends on how much "capacity" the jobs require.

  3. Neo-Piagetian theories of cognitive development - Wikipedia

    en.wikipedia.org/wiki/Neo-Piagetian_theories_of...

    The processing load of a task corresponds to the number of dimensions, which must be simultaneously represented, if their relations are to be understood. For example, to understand any comparison between two entities (e.g., "larger than", "better than", etc.) one must be able to represent two entities and one relation between them.

  4. Bounded rationality - Wikipedia

    en.wikipedia.org/wiki/Bounded_rationality

    An example of behaviour inhibited by heuristics can be seen when comparing the cognitive strategies utilised in simple situations (e.g. tic-tac-toe), in comparison to strategies utilised in difficult situations (e.g. chess). Both games, as defined by game theory economics, are finite games with perfect information, and therefore equivalent. [10]

  5. List of cognitive biases - Wikipedia

    en.wikipedia.org/wiki/List_of_cognitive_biases

    Processing difficulty effect: That information that takes longer to read and is thought about more (processed with more difficulty) is more easily remembered. [174] See also levels-of-processing effect. Recency effect: A form of serial position effect where an item at the end of a list is easier to recall. This can be disrupted by the suffix ...

  6. Cognitive bias - Wikipedia

    en.wikipedia.org/wiki/Cognitive_bias

    The brain's limited information processing capacity [63] Noisy information processing (distortions during storage in and retrieval from memory). [64] For example, a 2012 Psychological Bulletin article suggests that at least eight seemingly unrelated biases can be produced by the same information-theoretic generative mechanism. [64]

  7. Automatic and controlled processes - Wikipedia

    en.wikipedia.org/wiki/Automatic_and_controlled...

    Automatic and controlled processes (ACP) are the two categories of cognitive processing.All cognitive processes fall into one or both of those two categories. The amounts of "processing power", attention, and effort a process requires is the primary factor used to determine whether it's a controlled or an automatic process.

  8. Trump's policies may not prove inflationary, Bernanke, others say

    www.aol.com/trumps-policies-may-not-prove...

    A number of leading economists, including advisers to past U.S. presidents, have coalesced around the view that President-elect Donald Trump's plans to broaden tariffs, cut taxes and curb ...

  9. Neuroeconomics - Wikipedia

    en.wikipedia.org/wiki/Neuroeconomics

    In particular, the findings of specific neurological markers of individual preferences may have important implications for well-known economic models and paradigms. An example of this is the finding that an increase in computational capacity (likely related to increased gray matter volume) could lead to higher risk tolerance by loosening the ...

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