Rationality And Dynamic Choice

Author : Edward F. McClennen
Publisher : Cambridge University Press
ISBN 13 : 9780521360470
Total Pages : 42 pages
Book Rating : 4.71/5 ( download)

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Download or read book Rationality and Dynamic Choice written by Edward F. McClennen and published by Cambridge University Press. This book was released on 1990-05-25 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this major contribution to the theory of rational choice the author sets out the foundations of rational choice, and then sketches a dynamic choice framework in which principles of ordering and independence follow from a number of apparently plausible conditions. However there is potential conflict among these conditions, and when they are weakened to avoid it, the usual foundations of rational choice no longer prevail. The thrust of the argument is to suggest that the theory of rational choice is less determinate than many suppose.

Author : Edward Francis McClennen
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.79/5 ( download)

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Download or read book Rationality and Dynamic Choice written by Edward Francis McClennen and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Julian Nida-Rümelin
Publisher : Springer Science & Business Media
ISBN 13 : 9401596166
Total Pages : 215 pages
Book Rating : 4.69/5 ( download)

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Download or read book Rationality, Rules, and Structure written by Julian Nida-Rümelin and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is an obvious fact that human agency is constrained and structured by many kinds of rules: rules that are constitutive for communication, morality, persons, and society, and juridical rules. So the question is: what roles are played by social rules and the structural traits of human agency in rational decision making? What bearing does this have on the theory of practical rationality? These issues can only be discussed within an interdisciplinary setting, with researchers drawn from philosophy, decision theory and the economic and social sciences. The problem is of profound, fundamental concern to the social scientist and has attracted a great deal of intellectual effort. Contributors include distinguished researchers in their respective fields and the book thus presents state-of-the-art theory. It can also be used as a textbook in advanced philosophy, economics and social science classes.

Author : José Luis Bermúdez
Publisher : Cambridge University Press
ISBN 13 : 1108420095
Total Pages : 281 pages
Book Rating : 4.99/5 ( download)

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Download or read book Self-Control, Decision Theory, and Rationality written by José Luis Bermúdez and published by Cambridge University Press. This book was released on 2018-12-06 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: A distinguished group of philosophers, decision theorists, and psychologists offer new interdisciplinary perspectives on the rationality of self-control.

Author : Itzhak Gilboa
Publisher : MIT Press
ISBN 13 : 0262518058
Total Pages : 177 pages
Book Rating : 4.55/5 ( download)

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Download or read book Rational Choice written by Itzhak Gilboa and published by MIT Press. This book was released on 2012-08-17 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: A nontechnical, concise, and rigorous introduction to the rational choice paradigm, focusing on basic insights applicable in fields ranging from economics to philosophy. This book offers a rigorous, concise, and nontechnical introduction to some of the fundamental insights of rational choice theory. It draws on formal theories of microeconomics, decision making, games, and social choice, and on ideas developed in philosophy, psychology, and sociology. Itzhak Gilboa argues that economic theory has provided a set of powerful models and broad insights that have changed the way we think about everyday life. He focuses on basic insights of the rational choice paradigm—the general conceptualization rather than a particular theory—that survive recent (and well-justified) critiques of economic theory's various failures. Gilboa explains the main concepts in language accessible to the nonspecialist, offering a nonmathematical guide to some of the main ideas developed in economic theory in the second half of the twentieth century. Chapters cover feasibility and desirability, utility maximization, constrained optimization, expected utility, probability and statistics, aggregation of preferences, games and equilibria, free markets, and rationality and emotions. Online appendixes offer additional material, including a survey of relevant mathematical concepts.

Author : Joseph Heath
Publisher : MIT Press
ISBN 13 : 9780262263030
Total Pages : 380 pages
Book Rating : 4.33/5 ( download)

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Download or read book Communicative Action and Rational Choice written by Joseph Heath and published by MIT Press. This book was released on 2003-01-24 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book Joseph Heath brings Jürgen Habermas's theory of communicative action into dialogue with the most sophisticated articulation of the instrumental conception of practical rationality-modern rational choice theory. Heath begins with an overview of Habermas's action theory and his critique of decision and game theory. He then offers an alternative to Habermas's use of speech act theory to explain social order and outlines a multidimensional theory of rational action that includes norm-governed action as a specific type. In the second part of the book Heath discusses the more philosophical dimension of Habermas's conception of practical rationality. He criticizes Habermas's attempt to introduce a universalization principle governing moral discourse, as well as his criteria for distinguishing between moral and ethical problems. Heath offers an alternative account of the level of convergence exhibited by moral argumentation, drawing on game-theoretic models to specify the burden of proof that the theory of communicative action and discourse must assume.

Author : Paul Anand
Publisher : OUP Oxford
ISBN 13 : 0191608769
Total Pages : 608 pages
Book Rating : 4.66/5 ( download)

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Download or read book The Handbook of Rational and Social Choice written by Paul Anand and published by OUP Oxford. This book was released on 2009-01-15 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Rational and Social Choice provides an overview of issues arising in work on the foundations of decision theory and social choice over the past three decades. Drawing on work by economic theorists mainly, but also with contributions from political science, philosophy and psychology, the collection shows how the related areas of decision theory and social choice have developed in their applications and moved well beyond the basic models of expected utility and utilitarian approaches to welfare economics. Containing twenty-three contributions, in many cases by leading figures in their fields, the handbook shows how the normative foundations of economics have changed dramatically as more general and explicit models of utility and group choice have been developed. This is perhaps the first time these developments have been brought together in a manner that seeks to identify and make accessible the recent themes and developments that have been of particular interest to researchers in recent years. The collection will be of particular value to researchers in economics with interests in utility or welfare but it will also be of interest to any social scientist or philosopher interested in theories of rationality or group decision-making.

Author : Paul Anand
Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 186 pages
Book Rating : 4.31/5 ( download)

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Download or read book Foundations of Rational Choice Under Risk written by Paul Anand and published by Oxford University Press, USA. This book was released on 1993 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes and evaluates a number of existing criticisms of the formal theory of rationality and subjective expected utility theory. The author argues that rationality is not a behavioural entity, but rather has to do with the relation between an agent's preferences and his or her behaviour.

Author : J. Baron
Publisher : Springer Science & Business Media
ISBN 13 : 9401582262
Total Pages : 226 pages
Book Rating : 4.61/5 ( download)

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Download or read book Morality and Rational Choice written by J. Baron and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public controversies - such as those about the distribution of goods between rich and poor, trade and population policies, allocation of medical resources, and the tradeoff between environment al protection and economic efficiency - often hinge on fundamental views about how we ought to make decisions tImt affect each other, that is, what principles we ought to follow. Efforts to find an acceptable public philosophy, a set of such principles on which people might agree, have foundered because of dis agreement among philosophers and others who are concerned with such issues. One view, which I shall develop and defend here, holds that decisions that affect others should be made according to an overall evaluation of the consequences of each option. This consequentialist view is opposed by a variety of alternatives, but many of the alternatives have in COlllmon a basis in moral intuition. To take a simple example, consequentialism holds that, other things equal, if we have decided that it is better to let a terminally ill patient die than to prolong her agony by keeping her alive, then we ought to kill her.

Author : Peter Danielson
Publisher : New York : Oxford University Press
ISBN 13 : 0195125495
Total Pages : 474 pages
Book Rating : 4.98/5 ( download)

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Download or read book Modeling Rationality, Morality, and Evolution written by Peter Danielson and published by New York : Oxford University Press. This book was released on 1998 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays focus on questions that arise when morality is considered from the perspective of rational choice and evolution. It links questions like ""is it rational to be moral?"" to the evolution of co-operation, and uses models from game theory, evolutionary biology and cognitive science.