David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Topoi 30 (1):59-69 (2011)
This paper presents a number of apparent anomalies in rational choice scenarios, and their translation into the logic of everyday reasoning. Three classes of examples that have been discussed in the context of probabilistic choice since the 1960s (by Debreu, Tversky and others) are analyzed in a non-probabilistic setting. It is shown how they can at the same time be regarded as logical problems that concern the drawing of defeasible inferences from a given information base. I argue that initial appearances notwithstanding, these cases should not be classed as instances of irrationality in choice or reasoning. One way of explaining away their apparent oddity is to view certain aspects of these examples as making particular options salient. The decision problems in point can then be solved by ‘picking’ these options, although they could not have been ‘chosen’ in a principled way, due to ties or incomparabilities with alternative options.
|Keywords||rational choice irrationality inference non-monotonic logic context effects|
|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
Giacomo Bonanno (2009). Rational Choice and Agm Belief Revision. Artificial Intelligence 173:1194-1203.
Matthew Ginsberg (ed.) (1980). Readings in Nonmonotonic Reasoning. Morgan Kauffman.
Brian Hill (2008). Towards a “Sophisticated” Model of Belief Dynamics. Part I: The General Framework. Studia Logica 89 (1):81 - 109.
Immanuel Kant (1909/2004). Critique of Practical Reason. Dover Publications.
John Locke (2008/1995). An Essay Concerning Human Understanding. Oxford University Press.
Citations of this work BETA
No citations found.
Similar books and articles
Keith Frankish (2005). Non-Monotonic Inference. In Alex Barber (ed.), Encyclopedia of Language and Linguistics. Elsevier.
Hans Rott (2001). Change, Choice and Inference: A Study of Belief Revision and Nonmonotonic Reasoning. Oxford University Press.
Reed Richter (1985). Rationality, Group Choice and Expected Utility. Synthese 63 (2):203 - 232.
Reed Richter (1984). Rationality Revisited. Australasian Journal of Philosophy 62 (4):392 – 403.
Edward F. McClennen (1990). Rationality and Dynamic Choice: Foundational Explorations. Cambridge University Press.
John Monterosso & George Ainslie (2003). Game Theory Need Not Abandon Individual Maximization. Behavioral and Brain Sciences 26 (2):171-171.
Mark Colyvan (2009). Naturalising Normativity. In David Braddon-Mitchell & Robert Nola (eds.), Conceptual Analysis and Philosophical Naturalism. Mit Press.
G. Aldo Antonelli, Non-Monotonic Logic. Stanford Encyclopedia of Philosophy.
Edmund Chattoe-Brown (2009). The Social Transmission of Choice: A Simulation with Applications to Hegemonic Discourse. Mind and Society 8 (2):193-207.
Gregory Wheeler (2008). Applied Logic Without Psychologism. Studia Logica 88 (1):137 - 156.
Gary Gigliotti & Barry Sopher (2003). Analysis of Intertemporal Choice: A New Framework and Experimental Results. Theory and Decision 55 (3):209-233.
Franz Dietrich & Christian List (2013). A Reason-Based Theory of Rational Choice. Noûs 47 (1):104-134.
László Zsolnai (2008). Responsible Decision Making: Praxiology: The International Annual of Practical Philosophy and Methodology, Vol. 16. Transaction Publishers.
Alex Viskovatoff (2001). Rationality as Optimal Choice Versus Rationality as Valid Inference. Journal of Economic Methodology 8 (2):313-337.
Added to index2012-11-14
Total downloads8 ( #187,474 of 1,413,409 )
Recent downloads (6 months)4 ( #51,624 of 1,413,409 )
How can I increase my downloads?