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Extended Rationality
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Download or read book Extended Rationality written by A. Coliva and published by Springer. This book was released on 2015-04-15 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extended Rationality provides a novel account of the structure of epistemic justification. Its central claim builds upon Wittgenstein's idea that epistemic justifications hinge on some basic assumptions and that epistemic rationality extends to these very hinges. It exploits these ideas to address problems such as scepticism and relativism.
Book Synopsis Embodied bounded rationality by : Shaun Gallagher
Download or read book Embodied bounded rationality written by Shaun Gallagher and published by Frontiers Media SA. This book was released on 2023-09-07 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Collective Rationality by : Paul Weirich
Download or read book Collective Rationality written by Paul Weirich and published by OUP USA. This book was released on 2010 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Groups of people perform acts that are subject to standards of rationality. The book's theory of collective rationality explains how to evaluate collective acts. The people engaged in a game of strategy collectively produce an outcome, and the theory reveals what makes some outcomes solutions. It generates new equilibrium standards for solutions to cooperative games.
Book Synopsis Rational Powers in Action by : Sergio Tenenbaum
Download or read book Rational Powers in Action written by Sergio Tenenbaum and published by Oxford University Press. This book was released on 2020-11-05 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human actions unfold over time, in pursuit of ends that are not fully specified in advance. Rational Powers in Action locates these features of the human condition at the heart of a new theory of instrumental rationality. Where many theories of rational agency focus on instantaneous choices between sharply defined outcomes, treating the temporally extended and partially open-ended character of action as an afterthought, this book argues that the deep structure of instrumental rationality can only be understood if we see how it governs the pursuit of long-term, indeterminate ends. These are ends that cannot be realized through a single momentary action, and whose content leaves partly open what counts as realizing the end. Sergio Tenenbaum argues that we need to focus on temporal duration and the indeterminacy of ends in intentional action, even to explain the rational governance of relatively simple actions. Theories of moment-by-moment preference maximization, or indeed any understanding of instrumental rationality on the basis of momentary mental items, cannot capture the fundamental structure of our instrumentally rational capacities. Tenenbaum provides a new theory of instrumental rationality as rationality in action.
Book Synopsis The Limits of Rationality by : Karen Schweers Cook
Download or read book The Limits of Rationality written by Karen Schweers Cook and published by University of Chicago Press. This book was released on 2008-10-03 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prevailing economic theory presumes that agents act rationally when they make decisions, striving to maximize the efficient use of their resources. Psychology has repeatedly challenged the rational choice paradigm with persuasive evidence that people do not always make the optimal choice. Yet the paradigm has proven so successful a predictor that its use continues to flourish, fueled by debate across the social sciences over why it works so well. Intended to introduce novices to rational choice theory, this accessible, interdisciplinary book collects writings by leading researchers. The Limits of Rationality illuminates the rational choice paradigm of social and political behavior itself, identifies its limitations, clarifies the nature of current controversies, and offers suggestions for improving current models. In the first section of the book, contributors consider the theoretical foundations of rational choice. Models of rational choice play an important role in providing a standard of human action and the bases for constitutional design, but do they also succeed as explanatory models of behavior? Do empirical failures of these explanatory models constitute a telling condemnation of rational choice theory or do they open new avenues of investigation and theorizing? Emphasizing analyses of norms and institutions, the second and third sections of the book investigate areas in which rational choice theory might be extended in order to provide better models. The contributors evaluate the adequacy of analyses based on neoclassical economics, the potential contributions of game theory and cognitive science, and the consequences for the basic framework when unequal bargaining power and hierarchy are introduced.
Book Synopsis Hinge Epistemology by : Annalisa Coliva
Download or read book Hinge Epistemology written by Annalisa Coliva and published by BRILL. This book was released on 2016-11-01 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Hinge Epistemology, eminent epistemologists investigate Wittgenstein's concept of basic or 'hinge' certainty as deployed in On Certainty and show its importance for mainstream epistemology.
Book Synopsis Rational Powers in Action by : Sergio Tenenbaum
Download or read book Rational Powers in Action written by Sergio Tenenbaum and published by Oxford University Press, USA. This book was released on 2020 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human actions unfold over time, in pursuit of ends that are not fully specified in advance. Rational Powers in Action locates these features of the human condition at the heart of a new theory of instrumental rationality. Where many theories of rational agency focus on instantaneous choices between sharply defined outcomes, treating the temporally extended and partially open-ended character of action as an afterthought, this book argues that the deep structure of instrumental rationality can only be understood if we see how it governs the pursuit of long-term, indeterminate ends. These are ends that cannot be realized through a single momentary action, and whose content leaves partly open what counts as realizing the end. Sergio Tenenbaum argues that we need to focus on temporal duration and the indeterminacy of ends in intentional action, even to explain the rational governance of relatively simple actions. Theories of moment-by-moment preference maximization, or indeed any understanding of instrumental rationality on the basis of momentary mental items, cannot capture the fundamental structure of our instrumentally rational capacities. Tenenbaum provides a new theory of instrumental rationality as rationality in action.
Book Synopsis Liberty, Rationality, and Agency in Hobbes's Leviathan by : David van Mill
Download or read book Liberty, Rationality, and Agency in Hobbes's Leviathan written by David van Mill and published by State University of New York Press. This book was released on 2001-07-19 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marking a significant departure from most scholarship on Hobbes, this book offers new interpretations of his theories of freedom, agency, rationality, morality, psychology, and politics. Hobbes's arguments concerning many different aspects of civil society and human psychology are brought together to provide a comprehensive theory of agency. Hobbes's theory of freedom is demonstrated to be considerably more complicated than previously thought, revealing a concern with both "internal" and "external" conditions of action. On close examination Hobbes can be seen to move beyond his limited definition of negative liberty and to champion autonomous rational action. Throughout, the book evaluates the relevance of this reformulation for contemporary debates in political philosophy.
Book Synopsis Rationality in Extensive Form Games by : Andrés Perea
Download or read book Rationality in Extensive Form Games written by Andrés Perea and published by Springer Science & Business Media. This book was released on 2013-04-18 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: I would like to use this preface to thank some persons and institutions which have been important during the various stages of writing this book. First of all, I am grateful to Kluwer Academic Publishers for giving me the opportunity to write this book. I started writing the book in 1998 while I was working at the Departament d'Economia i d'Historia Economica at Universidad Autonoma de Barcelona, and continued the writing job from september 1998 to september 2000 at the Departamento de Economfa at Universidad Carlos III de Madrid. The book has been completed while I was visiting the Department of Quantitative Economics at the University of Maastricht from october 2000 to august 2001. I wish to thank these three departments for their hospitality. The book has improved substantially by comments and critique from the following persons who have read parts of the manuscript: Geir Asheim, Eric van Damme, Janos Flesch, Mari-Angeles de Frutos, Diego Moreno, Hans Peters, Antonio Romero and Dries Vermeulen. I should also mention my discussions with Peter Wakker about the decision-theoretic foundations of noncooperative game theory, which have had an important impact on various parts of the book. Finally, I wish to express my warmest gratitude to my parents, my brother and my sister, and, last but not least, to Cati, to whom I dedicate this book.
Book Synopsis Ethics, Rationality, and Economic Behaviour by : Francesco Farina
Download or read book Ethics, Rationality, and Economic Behaviour written by Francesco Farina and published by Oxford University Press. This book was released on 1996 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: The connection between economics and ethics is as old as economics itself, and central to both disciplines. The essays included in the present volume provide an analysis of the connections between ethics and economics as viewed from several different - oft
Book Synopsis Extendable Rationality by : Davide Secchi
Download or read book Extendable Rationality written by Davide Secchi and published by Springer Science & Business Media. This book was released on 2010-10-20 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: “How do people make decisions in organizations?” is the question at the core of this book. Do people act rationally? Under what conditions can information and knowledge be shared to improve decision making? Davide Secchi applies concepts and theories from cognitive science, organizational behavior, and social psychology to explore the dynamics of decision making. In particular, he integrates “bounded rationality” (people are only partly rational; they have (a) limited computational capabilities and (b) limited access to information) and “distributed cognition” (knowledge is not confined to an individual, but is distributed across the members of a group) to build upon the pioneering work of Herbert Simon (1916-2001) on rational decision making and contribute fresh insights. This book is divided into two parts. The first part (Chapters 2 to 5) explores how recent studies on biases, prospect theory, heuristics, and emotions provide the so-called “map” of bounded rationality. The second part (Chapter 6 to 8) presents the idea of extendable rationality. In this section, Secchi identifies the limitations of bounded rationality and focuses more heavily on socially-based decision processes and the role of “docility” in teaching, managing, and executing decisions in organizations. The practical implications extend broadly to issues relating to change and innovation, as organizations adapt to evolving market conditions, implementing new systems, and effectively managing limited resources. The final chapter outlines an agenda for future research to help understand the decision making characteristics and capabilities of an organization.
Book Synopsis Consistency, Choice, and Rationality by : Walter Bossert
Download or read book Consistency, Choice, and Rationality written by Walter Bossert and published by Harvard University Press. This book was released on 2010-10-15 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Consistency, Choice, and Rationality, economic theorists Walter Bossert and Kotaro Suzumura present a thorough mathematical treatment of Suzumura consistency, an alternative to established coherence properties such as transitivity, quasi-transitivity, or acyclicity. Applications in individual and social choice theory, fields important not only to economics but also to philosophy and political science, are discussed. Specifically, the authors explore topics such as rational choice and revealed preference theory, and collective decision making in an atemporal framework as well as in an intergenerational setting.
Book Synopsis Dictionary of Environmental Economics by : Renat Perelet
Download or read book Dictionary of Environmental Economics written by Renat Perelet and published by Earthscan. This book was released on 2014-05-14 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive dictionary of environmental economics, compiled by leading academics in the field. Each expression or phrase is explained clearly in non-technical language, with references given to its use in the growing literature on the subject area. From abatement to zonal travel cost method (ZTCM), there are over 1000 cross-referenced entries covering topics such as: environmental instruments for policy-making, techniques applied in environmental and natural resource economics, major issues in environmental economics and environmental management, economics of sustainable development, natural resource accounting, and international environmental agreements. As well as providing incisive answers to questions such as 'What is natural capital?' or 'when are crowding diseconomies important?', the dictionary includes a list of commonly used acronyms and abbreviations, and a complete bibliography detailing the major texts in the field is provided.
Book Synopsis Rationality and Freedom by : Amartya Sen
Download or read book Rationality and Freedom written by Amartya Sen and published by Harvard University Press. This book was released on 2004-03-30 with total page 756 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rationality and freedom are among the most profound and contentious concepts in philosophy and the social sciences. In this, the first of two volumes, Amartya Sen brings clarity and insight to these difficult issues.
Book Synopsis Bounded Rationality and Industrial Organization by : Ran Spiegler
Download or read book Bounded Rationality and Industrial Organization written by Ran Spiegler and published by Oxford University Press. This book was released on 2011-02-18 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional economic theory assumes that consumers are fully rational, that they have well-defined preferences and easily understand the market environment. Yet, in fact, consumers may have inconsistent, context-dependent preferences or simply not enough brain-power to evaluate and compare complicated products. Thus the standard model of consumer behavior-which depends on an ideal market in which consumers are boundlessly rational-is called into question. While behavioral economists have for some time confirmed and characterized these inconsistencies, the logical next step is to examine the implications they have in markets. Grounded in key observations in consumer psychology, Bounded Rationality and Industrial Organization develops non-standard models of "boundedly rational" consumer behavior and embeds them into familiar models of markets. It then rigorously analyses each model in the tradition of microeconomic theory, leading to a richer, more realistic picture of consumer behavior. Ran Spiegler analyses phenomena such as exploitative price plans in the credit market, complexity of financial products and other obfuscation practices, consumer antagonism to unexpected price increases, and the role of default options in consumer decision making. Spiegler unifies the relevant literature into three main strands: limited ability to anticipate and control future choices, limited ability to understand complex market environments, and sensitivity to reference points. Although the challenge of enriching the psychology of decision makers in economic models has been at the frontier of theoretical research in the last decade, there has been no graduate-level, theory-oriented textbook to cover developments in the last 10-15 years. Thus, Bounded Rationality and Industrial Organization offers a welcome and crucial new understanding of market behavior-it challenges conventional wisdom in ways that are interesting and economically significant, and which in the end effect the well-being of all market participants.
Book Synopsis The Social Construction of Rationality by : Onno Bouwmeester
Download or read book The Social Construction of Rationality written by Onno Bouwmeester and published by Routledge. This book was released on 2017-03-16 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are many different forms of rationality. In current economic discourse the main focus is on instrumental rationality and optimizing, while organization scholars, behavioural economists and policy scientists focus more on bounded rationality and satisficing. The interplay with value rationality or expressive rationality is mainly discussed in philosophy and sociology, but never in an empirical way. This book shows that not one, but three different forms of rationality (subjective, social and instrumental) determine the final outcomes of strategic decisions executed by major organizations. Based on an argumentation analysis of six high-profile public debates, this book adds nuance to the concept of bounded rationality. The chapters show how it is socially constructed, and thus dependent on shared beliefs or knowledge, institutional context and personal interests. Three double case studies investigating the three rationalities illustrate how decision makers and stakeholders discuss the appropriateness of these rationalities for making decisions in different practice contexts. The first touches more on personal concerns, like wearing a niqab or looking at obscene art exposed in a public environment; the second investigates debates on improving the rights and position of specific minorities; and the third is based on the agreement on instrumental reasons for two kinds of investments, but the cost arguments are regarded less relevant when social norms or personal interests are violated. The Social Construction of Rationality is for those who study political economy, economic psychology and public policy, as well as economic theory and philosophy.
Book Synopsis The Normativity of Rationality by : Benjamin Kiesewetter
Download or read book The Normativity of Rationality written by Benjamin Kiesewetter and published by Oxford University Press. This book was released on 2017 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sometimes our intentions and beliefs exhibit a structure that proves us to be irrational. The Normativity of Rationality is concerned with the question of whether we ought to avoid such irrationality. Benjamin Kiesewetter defends the normativity of rationality by presenting a new solution to the problems that arise from the common assumption that we ought to be rational. The argument touches upon many other topics in the theory of normativity, such as the form and the content of rational requirements, the preconditions of criticism, and the function of reasons in deliberation and advice. Drawing on an extensive and careful assessment of the problems discussed in the literature, Kiesewetter provides a detailed defence of a reason-response conception of rationality, a novel, evidence-relative account of reasons, and an explanation of structural irrationality in terms of these accounts.
