0. Is there any distinctive aspect of rationality that deserves the label of ―instrumental rationality‖? Recently, Joseph Raz (2005) has argued that instrumental rationality is a ―myth‖. In this essay, I shall give some qualified support to Raz‘s position: as I shall argue, many philosophers have indeed been seduced by certain myths about instrumental rationality. Nonetheless, Raz‘s conclusion ...

Fatalism and Rationality are two separate valuable attributes. In Rationalism and rationality, the active and creative role of human is emphasized, meaning ignorance aversion, imagination aversion, illusion removal and superstition removal. This concept is the opposite of the concept of fatalism in which human has the minimum activity and the emphasis is very much on the role of trans-physics i...

Brandenburger, Friedenberg, and Keisler [Econometrica 76 (2008), 307352] show that rationality and common assumption of rationality (RCAR) is impossible in a complete and continuous type structure. We show, by inroducing an alternative notion of “weak assumption”, that rationality and common weak assumption of rationality (RCWAR) is possible in a complete and continuous type structure. This pos...

The rationality of a fuzzy choice function is a hot research topic in the study of fuzzy choice functions. In this paper, two common fuzzy sets are studied and analyzed in the framework of the Banerjee choice function. The complete rationality and bounded rationality of fuzzy choice functions are defined based on the two fuzzy sets. An assumption is presented to study the fuzzy choice function,...

The connection between Adam Smith and Alasdair MacIntyre is not evident at first glance. In fact, those who know MacIntyre's work might bristle at the association. MacIntyre is inherently anti-capitalist. He believes that moral people ought to reject the modern state and large-scale corporations. 1 He also rejects what he terms the enlightenment project, claiming not only that it failed but tha...

Rationality is a fundamental concept in economics. Most researchers will accept that human beings are not fully rational. Herbert Simon suggested that we are “bounded rational”. However, it is very difficult to quantify “bounded rationality”, and therefore it is difficult to pinpoint its impact to all those economic theories that depend on the assumption of full rationality. Ariel Rubinstein pr...

in recent decades, rationality has become one of the important and controversial issues in the intellectual circles. there are many philosophers who have put (and still put) under question the status of reason and human rationality. among those who believe in human reason is popper. to show reason's ability, he rejects positivism and justifying approaches totally; and, designing falsificat...

Introduction Large-scale land rentals are a fundamental way of realizing the moderate-scale operation and transformation modern agriculture. As suppliers main demanders in rental market, decision-making logic farmer households determines scale rentals. However, have been plagued by prominent issues households' insufficient participation fragmented transactions. It is importance urgent to promot...

D and normative modeling of decision making under risk and uncertainty have grown apart over the past decade. Psychological models attempt to accommodate the numerous violations of rationality axioms, including independence and transitivity. Meanwhile, normatively oriented decision analysts continue to insist on the applied usefulness of the subjective expected utility (SEU) model. As this gap ...