Rationality: A Third Dimension
- 1 April 1987
- journal article
- essays
- Published by Cambridge University Press (CUP) in Economics and Philosophy
- Vol. 3 (1) , 49-66
- https://doi.org/10.1017/s026626710000273x
Abstract
I want in this paper to do two things. First, I want to respond to some studies that argue that people are often not rational: that people regularly and systematically depart from rationality. The conclusion itself does not worry me. I pressed for the same in a recent book (Schick, 1984). But the arguments seem to me wrong, and wrong in an interesting way. There may be something to be learned from seeing how and why they fail.Keywords
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