Chapter

Decision Theory and the Dimensions of Rationality

José Luis Bermúdez

in Decision Theory and Rationality

Published in print February 2009 | ISBN: 9780199548026
Published online May 2009 | e-ISBN: 9780191720246 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199548026.003.0002
 Decision Theory and the Dimensions of Rationality

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This chapter begins by explaining the different explanatory projects underlying the three different dimensions of rationality (action-guiding, normative assessment, and explanatory-predictive). It then introduces the basic elements of decision theory and shows how it can serve as a theory of deliberation. It goes on to explore how, at least in first appearances, decision theory might be employed in the projects of normative assessment and explanation/prediction. Doing this reveals three basic challenges that decision theory must confront if it is to serve as a theory of rationality. These challenges set the agenda for the main part of the book.

Keywords: theory of choice; risk; uncertainty; certainty; representation theorems

Chapter.  12929 words.  Illustrated.

Subjects: Philosophy of Mind

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