Showing 51 - 60 of 4,311
Persistent link: https://www.econbiz.de/10005147182
Persistent link: https://www.econbiz.de/10014513339
There is a surprising disconnect between formal rational choice theory and philosophical work on reasons. The one is silent on the role of reasons in rational choices, the other rarely engages with the formal models of decision problems used by social scientists. To bridge this gap, we propose a...
Persistent link: https://www.econbiz.de/10009421996
Rational choice theory analyzes how an agent can rationally act, given his or her preferences, but says little about where those preferences come from. Instead, pref- erences are usually assumed to be �xed and exogenously given. Building on related work on reasons and rational choice (Dietrich...
Persistent link: https://www.econbiz.de/10009422001
Bayesian epistemology tells us with great precision how we should move from prior to posterior beliefs in light of new evidence or information, but says little about where our prior beliefs come from. It o¤ers few resources to describe some prior beliefs as rational or well-justi�ed, and...
Persistent link: https://www.econbiz.de/10009422029
According to standard rational choice theory, as commonly used in political science and economics, an agent's fundamental preferences are exogenously fixed, and any preference change over decision options is due to Bayesian information learning. Although elegant and parsimonious, such a model...
Persistent link: https://www.econbiz.de/10009367615
In the classical Condorcet jury model, different jurors votes are independent random variables, where each juror has the same probability p1/2 of voting for the correct alternative. The probability that the correct alternative will win under majority voting converges to 1 as the number of jurors...
Persistent link: https://www.econbiz.de/10010604991
Persistent link: https://www.econbiz.de/10008631247
Persistent link: https://www.econbiz.de/10007880744
Persistent link: https://www.econbiz.de/10007733700