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- Michael Byron (1998). Satisficing and Optimality. Ethics 109 (1):67-93.It is common, though perhaps not correct, to think that practical rationality is strictly instrumental.1 The functions of instrumental reason include finding suitable means to our determinate ends, helping to determine our indeterminate ends, and implementing our principles in appropriate actions. One reason that might be given for adopting instrumentalism with respect to rationality might be that our best scientific evidence offers little support for the idea that our brains have powers to detect good and bad as such in persons, actions, or lives. But whatever one’s reasons for taking up instrumentalism, it remains to specify the relationship means are to have with ends. A natural demand is that instrumentally rational actions implement the best means to one’s given ends. Optimizing conceptions of rationality endorse this demand. A competing conception of rationality—the satisficing conception—weakens this requirement and permits some rational actions to implement (merely) satisfactory means to the agent’s given ends. The present article argues that instrumentalist theories of rationality as commonly understood cannot consistently accommodate this satisficing conception of rationality.
The crucial feature of standard decision theory for present purposes is that it conceives rational action as maximizing, as doing the best that one can in terms of satisfying one’s preferences. For maximizing to be possible, the preference set in question must completely order a person’s options. But I have argued elsewhere that that condition is often unmet by actual preference sets, so maximizing is not always available. Given that it is not, satisficing deserves attention, both as the most important alternative to maximizing and for the lessons it can yield with respect to goal-directed action. With those lessons in hand, standard maximizing decision theory is reconsidered, with the aim of showing that it does not adequately represent the normative distinction between means and ends.
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