Rationality and Dynamic Choice : Foundational Explorations
Book Details
Format
Paperback / Softback
ISBN-10
0521063914
ISBN-13
9780521063913
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jun 5th, 2008
Print length
328 Pages
Weight
482 grams
Dimensions
22.80 x 14.90 x 1.80 cms
Product Classification:
Philosophy: logicPhilosophy: logic
Ksh 7,650.00
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This is a major contribution to the theory of rational choice which will be of particular interest to philosophers and economists. 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.
This is a major contribution to the theory of rational choice which will be of particular interest to philosophers and economists. 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 deterministic than many suppose.
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