in this article, after reviewing the difference between fundamentalist and anti-fundamentalist philosophy, the features of the rationality will be explained from the perspective of five anti-fundamentalist philosophers (habermas, richard rorty, macintyre, michel foucault and hayek). the common point stated by all these philosophers is that they all criticize metaphysics and doubt about the basi...

The assumption of rationality is both one of the most important and most controversial assumptions of modern economics. This article discusses what current experimental economic as well as neuroscience research tells us about the relationship between rationality and the mechanisms of human decision-making. The article explores the meaning of rationality, with a discussion of the distinction bet...

Given that more than 30% of healthcare costs are wasted on inappropriate care, suboptimal care is increasingly connected to the quality of medical decisions. It has been argued that personal decisions are the leading cause of death, and 80% of healthcare expenditures result from physicians' decisions. Therefore, improving healthcare necessitates improving medical decisions, ie, making decisions...

A theory of rationality is a theory that evaluates instances of reasoning as rational, irrational, or (ir)rational to some degree. Theories can be categorized as rule-based or consequentialist. Rule-based theories say that rational reasoning accords with certain rules (e.g., of logic or probability). Consequentialist theories say that rational reasoning tends to produce good consequences. For i...

Organizational theorists built their knowledge of decision-making through a progressive critique of rational choice theory. Their positioning towards rationality however, is at odds with the observation of rationality persistence in organizational life. This paper addresses this paradox. It proposes a new perspective on rationality that allows the theorizing of the production of rational decisi...

This chapter reviews selected findings in research on reasoning, judgment, and choice and considers the systematic ways in which people violate basic requirements of the corresponding normative analyses. Recent objections to the empirical findings are then considered; these objections question the findings' relevance to assumptions about rationality. These objections address the adequacy of the...

Best-response sets (Pearce [29, 1984]) characterize the epistemic condition of “rationality and common belief of rationality.” When rationality incorporates a weak-dominance (admissibility) requirement, the self-admissible set (SAS) concept (Brandenburger-Friedenberg-Keisler [18, 2008]) characterizes “rationality and common assumption of rationality.” We analyze the behavior of SAS’s in some ga...

In this paper it is argued that the mechanistic framework allows only a very limited understanding of organizational rationality and that the concept of organizational rationality needs serious reconsideration, based on the assumption that theoretical understanding and articulation are the corner-stones of rationality. After a brief discussion about the fundamental importance of rationality for...

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 ...