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  1.  34
    Economic Reasoning and Interaction in Socially Extended Market Institutions.Shaun Gallagher, Antonio Mastrogiorgio & Enrico Petracca - 2019 - Frontiers in Psychology 10.
    An important part of what it means for agents to be situated in the everyday world of human affairs includes their engagement with economic practices. In this paper we employ the concept of cognitive institutions in order to provide an enactive and interactive interpretation of market and economic reasoning. We challenge traditional views that understand markets in terms of market structures or as processors of distributed information. The alternative conception builds upon the notion of the market as a ‘scaffolding institution’. (...)
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  2.  17
    Numerals as triggers of System 1 and System 2 in the ‘bat and ball’ problem.Antonio Mastrogiorgio & Enrico Petracca - 2014 - Mind and Society 13 (1):135-148.
    The ‘bat and ball’ is one of the problems most frequently employed as a testbed for research on the dual-system hypothesis of reasoning. Frederick (J Econ Perspect 19:25–42, 2005) is the first to envisage the possibility that different numerical arrangements of the ‘bat and ball’ problem could lead to different dynamics of activation of the dual-system, and so to different performances of subjects in task accomplishment. This possibility has triggered a strand of research oriented to accomplish ‘sensitivity analyses’ of the (...)
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  3.  29
    Trust as the glue of cognitive institutions.Shaun Gallagher & Enrico Petracca - 2024 - Philosophical Psychology 37 (1):216-239.
    In this paper we consider the importance of trust, in the context of economic institutions, and specifically with respect to questions about market mechanisms and the role of social interactions. We review recent advances in institutional economics closely tied to developments in philosophy of mind and cognitive science, involving extended and enactive cognition. We argue that the analysis of different conceptions of institutional mind extension, in Denzau and North’s shared mental models, Clark’s extended mind, and a more enactive approach that (...)
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  4.  22
    A cognition paradigm clash: Simon, situated cognition and the interpretation of bounded rationality.Enrico Petracca - 2017 - Journal of Economic Methodology 24 (1):20-40.
    Simon’s notion of bounded rationality is deeply intertwined with his activity as a cognitive psychologist and founder of so-called cognitivism, a mainstream approach in cognitive psychology until the 1980s. Cognitivism, understood as ‘symbolic information processing,’ provided the first cognitive psychology foundation to bounded rationality. Has bounded rationality since then fully followed the development of cognitive psychology beyond symbolic information processing in the post-Simonian era? To answer this question, this paper focuses on Simon’s opposition during the 1990s to a new view (...)
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  5.  7
    Social phenomena as a challenge to the scaling-up problem.Enrico Petracca - forthcoming - Phenomenology and the Cognitive Sciences:1-19.
    The “scaling-up” problem concerns radical embodied cognition’s (REC) supposed inability to extend its explanatory reach beyond simple cognitive phenomena. This paper questions the problem’s main assumption, that is, the possibility of sorting phenomena according to their inherent cognitive complexity or representation-hunger. To do so, I focus on a class of phenomena whose degree of representation-hunger has been much debated: social phenomena (and their cognitive correlates). Some, like Clark and Toribio (1994), consider social phenomena the absolute top of representation-hunger, while others, (...)
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  6.  1
    Embodying Rationality.Enrico Petracca & Antonio Mastrogiorgio - 2006 - In Lorenzo Magnani & Claudia Casadio (eds.), Model Based Reasoning in Science and Technology. Logical, Epistemological, and Cognitive Issues. Springer Verlag.
    The current notions of bounded rationality in economics share distinctive features with Simon’s original notion of bounded rationality, which still influences the theoretical and experimental research in the fields of choice, judgment, decision making, problem solving, and social cognition. All these notions of bounded rationality are in fact equally rooted in the information-processing approach to human cognition, expressing the view that reasoning is disembodied and that it can be reduced to the processing of abstract symbolic representations of the environment. This (...)
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  7.  9
    How can embodied cognition naturalize bounded rationality?Enrico Petracca & James Grayot - 2023 - Synthese 201 (4):1-28.
    The paper discusses how research on embodied cognition in cognitive science can contribute to the naturalization of rationality. The investigation takes place in two steps. First, we provide a conceptual map of possible new ideas of rationality inspired by embodied cognition. Given the plurality of theories of embodied cognition, we distinguish different approaches according to their increasing degree of radicalism. We consider ecological rationality as currently the best candidate for naturalizing rationality, and, after identifying its descriptive and normative building blocks, (...)
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  8.  20
    Simulating Marx: Herbert A. Simon's cognitivist approach to dialectical materialism.Enrico Petracca - 2022 - History of the Human Sciences 35 (2):101-125.
    Starting in the 1950s, computer programs for simulating cognitive processes and intelligent behaviour were the hallmark of Good Old-Fashioned Artificial Intelligence and ‘cognitivist’ cognitive science. This article examines a somewhat neglected case of simulation pursued by one of the founding fathers of simulation methodology, Herbert A. Simon. In the 1970s and 1980s, Simon had repeated contacts with Marxist countries and scientists, in the context of which he advanced the idea that cognitivism could be used as a framework for simulating dialectical (...)
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  9.  20
    Satisficing as an alternative to optimality and suboptimality in perceptual decision making.Antonio Mastrogiorgio & Enrico Petracca - 2018 - Behavioral and Brain Sciences 41.
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  10.  5
    Correction to: How can embodied cognition naturalize bounded rationality?Enrico Petracca & James Grayot - 2023 - Synthese 201 (5):1-1.
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  11.  12
    The utility of goods or actions? A neurophilosophical assessment of a recent neuroeconomic controversy.Enrico Petracca - 2023 - Economics and Philosophy 39 (3):351-372.
    The paper provides a neurophilosophical assessment of a controversy between two neuroeconomic models that compete to identify the putative object of neural utility: goods or actions. We raise two objections to the common view that sees the ‘good-based’ model prevailing over the ‘action-based’ model. First, we suggest extending neuroeconomic model discrimination to all of the models’ neurophilosophical assumptions, showing that action-based assumptions are necessary to explain real-world value-based decisions. Second, we show that the good-based model’s presumption of introducing a normative (...)
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  12.  33
    Rationality: What it is, why it seems scarce, why it matters. [REVIEW]Enrico Petracca - 2022 - Journal of Economic Methodology 29 (4):335-339.
    Periodically, by a rough estimate twice per decade, a new popular book aspires to shake our common understanding of rationality. Since this concept is not only the backbone of normative analysis in...
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