David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Mind and Society 11 (1):69-80 (2012)
Rationality in decision making is commonly assessed by comparing choice performance against normative standards. We argue that such a performance-centered approach blurs the distinction between rational choice and adaptive behavior. Instead, rational choice should be assessed with regard to the way individuals make analytic decisions. We suggest that analytic decisions can be made in two different modes in which control processes are directed at different levels. In a RUN mode, thought is directed at controlling the operation of a decision strategy. In the JUMP mode, the individual analyses the interpretation of the decision situation as well as the appropriateness of alternative strategies. We suggest that a decision should be considered “rational” when an individual is able to switch between these modes and balance their interaction.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
Donald Davidson (1982). Rational Animals. Dialectica 36 (4):317-28.
Gerd Gigerenzer (1999). Simple Heuristics That Make Us Smart. Oxford University Press.
Ralph Hertwig & Andreas Ortmann (2001). Experimental Practices in Economics: A Methodological Challenge for Psychologists? Behavioral and Brain Sciences 24 (3):383-403.
Christine M. Korsgaard (2009). The Activity of Reason. Proceedings and Addresses of the American Philosophical Association 83 (2):23 - 43.
Citations of this work BETA
No citations found.
Similar books and articles
Richard M. Shiffrin (2003). Locally Rational Decision-Making. Behavioral and Brain Sciences 26 (2):175-175.
Elke U. Weber & Jessica S. Ancker (2005). Towards a Taxonomy of Modes of Moral Decision-Making. Behavioral and Brain Sciences 28 (4):563-564.
Elke U. Weber, Daniel Ames & Ann-Renee Blais, 'How Do I Choose Thee? Let Me Count the Ways': A Textual Analysis of Similarities and Differences in Modes of Decision-Making in China and the United States.
Kirsten Martin & Bidhan Parmar (2012). Assumptions in Decision Making Scholarship: Implications for Business Ethics Research. [REVIEW] Journal of Business Ethics 105 (3):289-306.
Berit Brogaard (1999). A Peircean Theory of Decision. Synthese 118 (3):383-401.
Loránd Ambrus-Lakatos (2001). On Rational Choice of Final Ends. Croatian Journal of Philosophy 1 (2):117-133.
Kevin Morrell (2004). Decision Making and Business Ethics: The Implications of Using Image Theory in Preference to Rational Choice. [REVIEW] Journal of Business Ethics 50 (3):239-252.
John Pollock (2004). Plans And Decisions. Theory and Decision 57 (2):79-107.
Marcel Boumans (2008). Battle in the Planning Office: Field Experts Versus Normative Statisticians. Social Epistemology 22 (4):389 – 404.
Luca Ferrero (2010). Decisions, Diachronic Autonomy, and the Division of Deliberative Labor. Philosophers' Imprint 10.
Edward F. McClennen (1990). Rationality and Dynamic Choice: Foundational Explorations. Cambridge University Press.
Reed Richter (1984). Rationality Revisited. Australasian Journal of Philosophy 62 (4):392 – 403.
Scott J. Reynolds, Frank C. Schultz & David R. Hekman (2006). Stakeholder Theory and Managerial Decision-Making: Constraints and Implications of Balancing Stakeholder Interests. [REVIEW] Journal of Business Ethics 64 (3):285 - 301.
Eberhard Schnebel (2000). Values in Decision-Making Processes: Systematic Structures of J. Habermas and N. Luhmann for the Appreciation of Responsibility in Leadership. [REVIEW] Journal of Business Ethics 27 (1-2):79 - 88.
Markku Roinila (2007). Leibniz on Rational Decision-Making. Dissertation, University of Helsinki
Added to index2012-01-03
Total downloads5 ( #256,176 of 1,410,267 )
Recent downloads (6 months)1 ( #177,872 of 1,410,267 )
How can I increase my downloads?