Rationality between the maximizers and the satisficers |
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Authors: | Alex C. Michalos |
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Affiliation: | (1) University of Guelph, Ontario |
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Abstract: | It is argued that by explicating rationality in terms of benefits balancing or outweighing costs instead of in terms of maximizing or satisficing something, a more adequate view of rationality is obtained.I would like to thank Myles Brand, Hugh Lehman, Michael Martin, Ian Mitroff, Michael Ruse and Gordon Welty for their thoughtful comments and encouragement. |
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