Satisficing and maximizing: moral theorists on practical reason

How do we think about what we plan to do? One dominant answer is that we select the best possible option available. However, a growing number of philosophers would offer a different answer: since we are not equipped to maximize we often choose the next best alternative, one that is no more than sati...

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Bibliographic Details
Other Authors: Byron, Michael 1964- (Editor)
Format: Electronic eBook
Language:English
Published: Cambridge Cambridge University Press 2004
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Online Access:BSB01
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Summary:How do we think about what we plan to do? One dominant answer is that we select the best possible option available. However, a growing number of philosophers would offer a different answer: since we are not equipped to maximize we often choose the next best alternative, one that is no more than satisfactory. This strategy choice is called satisficing (a term coined by the economist Herb Simon). This collection of essays explores both these accounts of practical reason, examining the consequences for adopting one or the other for moral theory in general and the theory of practical rationality in particular. It aims to address a constituency larger than contemporary moral philosophers and bring these questions to the attention of those interested in the applications of decision theory in economics, psychology and political science
Item Description:Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Physical Description:1 online resource (ix, 245 pages)
ISBN:9780511617058
DOI:10.1017/CBO9780511617058

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