How Theory Of Mind Can Make Or Lose You Money
Forbes
Format:
Magazine Article
Publication Date:
2015/08/20/
Sources ID:
38786
Collection:
Theory of Mind
Visibility:
Public (group default)
Abstract:
(Show)
This article discusses the role of Theory of Mind within a behavioral economics framework and how this process can support rational decision making resulting in beneficial outcomes. The article states that ToM cannot be generalized; this process may provide difficulty even with people one knows well; and the ability to apply a good theory of mind is contextual and situational.