Mindspongeconomics

Abstract

Mindspongeconomics (mindspongecon) is a social science that studies decision-making processes that are based on the think-absorb-eject mechanism with the input being information particles from the living environment. Mindspongecon is a combination and expansion of the mindsponge theory and behavioral economics. This is a filter-based information processing system with an evaluation mechanism linked to pre-set core values. These values and the information received are the basis for actors such as individuals, households, businesses and governments to compare and evaluate, and ultimately to make decisions. The speed of this decision-making process depends on the information processing speed, and the clarity, detail, and priority of core values in their mindset/perception

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