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May 24, 2012 12:48 pm PDT
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/a9JmvUMcopw/cognitive-democracy-networked.html
Cognitive Democracy: networked-based decision making as an alternative to markets and "nudging"
Henry Farrell (George Washington University) and Cosma Rohilla Shalizi (Carnegie-Mellon/The Santa Fe Institute) have just posted a paper, "Cognitive Democracy," to Crooked Timber. Farrell and Shalizi argue that neither the "libertarian paternalist" idea of "nudging" people to good choices, nor the market-based approach of letting price signals steer our decisions produce the best possible outcome [...]Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/a9JmvUMcopw/cognitive-democracy-networked.html
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