Targets/2007-Basu/2007-05-25 Staddon

Rationality and Process

Specs

• Title: Rationality and Process
• Author: John Staddon, Duke University / University of York
• Date 2007-05-25
• Response to: 2007-Basu

• Download: [ [[:media:|]] ]

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There is a philosophical (or perhaps definitional) problem with the analysis so engagingly presented by Basu. Definition: The rational choice is the one that (for defensible reasons) gains the most payoff. Thus, buying a lottery ticket on a hunch is not rational even if you win... more: [ [[:media:|]] ]

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