Realistic Decision Theory

Rules for Nonideal Agents in Nonideal Circumstances

Nonfiction, Religion & Spirituality, Philosophy, Logic, Business & Finance, Management & Leadership, Decision Making & Problem Solving, Reference & Language, Education & Teaching
Cover of the book Realistic Decision Theory by Paul Weirich, Oxford University Press
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Author: Paul Weirich ISBN: 9780190291112
Publisher: Oxford University Press Publication: September 16, 2004
Imprint: Oxford University Press Language: English
Author: Paul Weirich
ISBN: 9780190291112
Publisher: Oxford University Press
Publication: September 16, 2004
Imprint: Oxford University Press
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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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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