Rationality and Dynamic Choice
By (author) Edward F. McClennen
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Rationality and Dynamic Choice by Edward F. McClennen
Book DescriptionThis is a major contribution to the theory of rational choice which will be of particular interest to philosophers and economists. The author sets out the foundations of rational choice, and then sketches a dynamic choice framework in which principles of ordering and independence follow from a number of apparently plausible conditions. However, there is potential conflict among these conditions, and when they are weakened to avoid it the usual foundations of rational choice no longer prevail. The thrust of the argument is to suggest that the theory of rational choice is less deterministic than many suppose.
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Book DetailsISBN: 9780521360470
(228mm x 152mm x 22mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 25-May-1990
Country of Publication: United Kingdom
Books By Author Edward F. McClennen
Rationality and Dynamic Choice, Paperback (June 2008)» View all books by Edward F. McClennen
This is a major contribution to the theory of rational choice which will be of particular interest to philosophers and economists.
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