Cognitive Science and Econmic Performance

Authors

Abstract

In this article,We briefly analyse cognitive science and cognitive economics. Generally, there are two main theories related to cognitive science and brain performance models. First theory which are inspired by computer and Artifical Intelligence and second the connectionist models. The connectionist theory is the most prevalent in cognitive science now.
Hayek and North ,the two Nobel laureates, by using Conceptions such as culture, Beliefs and Institutions tried to establish connectin between brain, cognition and Econmic Performance in line with the connectionist models. Although Hayek and North models developed innovative points but they have some defaults. perhaps These theories can be improved by synthesizing the Discursive Institutionalism and discourse theory.
JEL Classification: D89, B25

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