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In this regard, a person acts rationally if they have a good reason for what they do, or a belief is rational if it is based on strong evidence. This quality can apply to an ability, as in a rational animal , to a psychological process , like reasoning , to mental states , such as beliefs and intentions , or to persons who possess these other ...
The tendency for some people, especially those with depression, to overestimate the likelihood of negative things happening to them. (compare optimism bias) Present bias: The tendency of people to give stronger weight to payoffs that are closer to the present time when considering trade-offs between two future moments. [111] Plant blindness
Thus, Habermas can compare and contrast the rationality of various forms of society with an eye to the deeper and more universal processes at work, which enables him to justify the critique of certain forms (e.g., that Nazism is irrational and bad) and lend support to the championing of others (e.g., democracy is rational and good). The ...
In his work on the theory of choice, Michael Allingham characterizes the notion "denoted by TOTREP" as something "both to admire and worry about". [2] Studies of the concept of the Trade-off Talking Rational Economic Person are now routinely conducted in the related fields of theory of choice, the mathematics of decision making, [3] etc.
Rationalists point out that many people hold irrational beliefs, for many reasons. There may be evolutionary causes for irrational beliefs—irrational beliefs may increase our ability to survive and reproduce. One more reason for irrational beliefs can perhaps be explained by operant conditioning.
As the study of argument is of clear importance to the reasons that we hold things to be true, logic is of essential importance to rationality. Arguments may be logical if they are "conducted or assessed according to strict principles of validity", [1] while they are rational according to the broader requirement that they are based on reason and knowledge.
In Models of Man, Simon argues that most people are only partly rational, and are irrational in the remaining part of their actions. In another work, he states "boundedly rational agents experience limits in formulating and solving complex problems and in processing (receiving, storing, retrieving, transmitting) information". [9]
In his 1981 work, The Theory of Communicative Action, he sometimes called instrumental action "teleological" action or simply "work". Value-rational action appeared as "normatively regulated". [2]: II:168–74 [9] [10]: 63–4 In later works he distinguished the two kinds of action by motives. Instrumental action has "nonpublic and actor ...