Jon Elster worries about the explanatory power of the social sciences. His main concern is that they have so few well-established laws. Elster develops an interesting substitute: a special kind of mechanism designed to fill the explanatory gap between laws and mere description. However, his mechanisms suffer from a characteristic problem that I will explore in this article. As our causal knowledge of a specific problem grows we might come to know too much to make use of an Elsterian mechanism (...) but still lack a law. We might then find ourselves in the paradoxical position of knowing more relevant causal truths about the phenomenon we are interested in than we did before, but being able to explain less. If this possibility is realized in social science settings, as I argue it might well be, Elster?s mechanistic account is threatened. Moreover, even if the possibility is rarely realized in that way, it raises, simply as a possibility, a conceptual problem with Elster?s mechanistic framework. (shrink)

Despite their popularity, dual process accounts of human reasoning and decision-making have come under intense scrutiny in recent years. Cognitive scientists and philosophers alike have come to question the theoretical foundations of the ‘standard view’ of dual process theory and have challenged the validity and relevance of evidence in support of it. Moreover, attempts to modify and refine dual process theory in light of these challenges have generated additional concerns about its applicability and refutability as a scientific theory. With these (...) concerns in mind, this paper provides a critical review of dual process theory in economics, focusing on its role as a psychological framework for decision modeling in behavioral economics and neuroeconomics. I argue that the influx of criticisms against dual process theory challenge the descriptive accuracy of dualistic decision models in economics. In fact, the case can be made that the popularity of dual process theory in economics has less to do with the empirical success of dualistic decision models, and more to do with the convenience that the dual process narrative provides economists looking to explain-away decision anomalies. This leaves behavioral economists and neuroeconomists with something of a dilemma: either they stick to their purported ambitions to give a realistic description of human decision-making and give up the narrative, or they revise and restate their scientific ambitions. (shrink)

The dual process theory is a view that there are two information-processing systems in our mind. It has been popular in cognitive and social psychology for the last few decades, but this simplified formulation of the theory has problems. In this paper I shall review the recent developments made by the dual process theorists to meet those challenges and indicate the directions the theory could take. In particular I shall discuss possible defining properties or mechanisms of the two systems. I (...) argue that working memory and its neural correlates, but not cognitive decoupling, are the underlying mechanisms of the "reflective" system while the "intuitive" system may have rather external underlying mechanisms, i.e., natural selection. This renders both systems homeostatic property cluster kinds but they are based on different kinds of mechanisms. (shrink)

We present empirical evidence from social psychological research which suggests that standard methods employed when teaching the heuristics and biases program in the context of critical thinking instruction are likelier to facilitate the discernment and correction of biases in others’ reasoning than to have a similar effect in the self-monitoring case. Exemplified by the social phenomenon of false polarization, we suggest that CT instruction may be improved by fostering student’s abilities at counterfactual meta-cognition, and present a corresponding teaching and learning (...) activity. (shrink)