Unlocking Inquiry Dr. David Thorstad’s Guide to Boundless Thinking

Herbert Simon emphasized the shift in bounded rationality from substantive to procedural rationality. Substantive rationality focuses on what we should prefer or believe, while procedural rationality examines how we determine those preferences or beliefs. Simon argued that the key task for bounded rationality theories is to develop a framework for rational inquiry under constraints. "Inquiry Under Bounds" builds on this by proposing a five-point bounded rationality program rooted in cognitive science. Dr. David Thorstad advocates for a reason-responsiveness consequentialist approach, clarifying and defending core insights of bounded rationality and addressing recent epistemological debates. Dr. David Thorstad is an Assistant Professor of Philosophy at Vanderbilt University. He earned his Ph.D. from Harvard University and has been a Postdoctoral Research Fellow at the Global Priorities Institute, Oxford, and a Research Affiliate at the MINT Lab, Australian National University. His research focuses on epistemology and value theory, exploring bounded rationality, altruistic decision-making, and the ethics of emerging technologies. In this episode, Dr. David shares key insights from his acclaimed book, Inquiry Under Bounds. This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com. Disclaimer: A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music. B. Dr. David Thorstad has graciously allowed us to share insights from his book, Inquiry Under Bounds, on the Business Talk Podcast Channel. The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited.