Chapter

Realistic Standards for Decisions

Paul Weirich

in Realistic Decision Theory

Published in print August 2004 | ISBN: 9780195171259
Published online November 2004 | e-ISBN: 9780199834976 | DOI: http://dx.doi.org/10.1093/019517125X.003.0001
 Realistic Standards for Decisions

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Decision theory is multidisciplinary. Philosophical decision theory formulates principles of rationality for decisions. Its principles treat primarily instrumental rationality and cover both procedural and substantive rationality. My school evaluates an option in terms of its consequences, using an agent’s preferences taken in the ordinary, nonbehavioristic sense. This book generalizes principles by removing selected idealizations and making adjustments for their absence.

Keywords: behaviorism; consequentialism; generalization; instrumental rationality; philosophical decision theory; preference; procedural rationality; substantive rationality

Chapter.  5905 words. 

Subjects: Philosophy of Mathematics and Logic

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