theory of ecological rationality. The main casualty of this rebuilding process is optimality. Once we view optimality as a …If we reassess the rationality question under the assumption that the uncertainty of the natural world is largely … formal implication of quantified uncertainty rather than an ecologically meaningful objective, the rationality question …

At least since Leonard Savage’s extension of von Neumann and Morgenstern’s expected utility, rational choice theory has … been interpreted as a theory prescribing what individuals should do in any decision context, ranging from certainty to risk …. This paper compares the current critique of the notion of Bayesian rationality, proposed by Itzhak Gilboa, with Daniel …