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Realistic Decision Theory: Rules for Nonideal Agents in Nonideal Circumstances

Realistic Decision Theory: Rules for Nonideal Agents in Nonideal Circumstances

Hardcover

Business GeneralGeneral EducationLogic

ISBN10: 019517125X
ISBN13: 9780195171259
Publisher: Oxford University Press
Published: Sep 16 2004
Pages: 278
Weight: 1.28
Height: 0.75 Width: 6.00 Depth: 9.00
Language: English
Within traditional decision theory, common decision principles -- e.g. the principle to maximize utility -- generally invoke idealization; they govern ideal agents in ideal circumstances. In Realistic Decision Theory, Paul Weirch adds practicality to decision theory by formulating principles applying to nonideal agents in nonideal circumstances, such as real people coping with complex decisions. Bridging the gap between normative demands and psychological resources, Realistic Decision Theory is essential reading for theorists seeking precise normative decision principles that acknowledge the limits and difficulties of human decision-making.

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Logic