Rationality and Dynamic Choice: Foundational Explorations

ISBN-13: 9780521360470 / Angielski / Twarda / 1990 / 328 str.

Edward F. McClennen

Opis

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.

Recenzje

"McClennen's book is a highly interesting and valuable contribution to the growing literature on the nature of reason....Moreover McClennen's discussion of a wealth of central ideas and issues in decision theory bearing on his defence of resolute choice (to which I cannot hope to do justice in this review) takes the reader through some fascinating territory. The journey is well worth the price of admission." Jean Hampton, Canadian Philosophical Reviews

Spis treści

1. Introduction and sketch of the main argument; 2. The ordering principle; 3. The independence principle; 4. The problem of justification; 5. Pragmatic arguments; 6. Dynamic choice problems; 7. Rationality conditions on dynamic choice; 8. Consequentialist constructions; 9. Rethinking the problem of dynamic consistency; 10. A critique of the pragmatic arguments; 11. Formalizing the pragmatic arguments; 12. The feasibility of resolute choice; 13. Connections; 14. Conclusions; Postscript: projections.