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Decision Theory and Rationality
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Decision Theory and Rationality

José Luis Bermúdez

Abstract

The concept of rationality is a common thread through the human and social sciences — from political science to philosophy, from economics to sociology, from management science to decision analysis. But what counts as rational action and rational behavior? This book explores decision theory as a theory of rationality. Decision theory is the mathematical theory of choice and for many social scientists it makes the concept of rationality mathematically tractable and scientifically legitimate. Yet rationality is a concept with several dimensions and the theory of rationality has different roles t ... More

Keywords: utility, preference, choice, decision problem, rational action, rational behavior

Bibliographic Information

Print publication date: 2009 Print ISBN-13: 9780199548026
Published to Oxford Scholarship Online: May 2009 DOI:10.1093/acprof:oso/9780199548026.001.0001

Authors

Affiliations are at time of print publication.

José Luis Bermúdez, author
Washington University in St Louis
Author Webpage