The article starts with the introduction of the Lithuanian reader into the expected utility theory which is the core of the decision theory known under the name of the rational choice theory or by the name of the thin theory of practical rationality too. This theroy conceives practical rationality as maximization of the expected utility defined as the measure of the preferences which satisfy the following conditions: (1) reflexivity; (2) completeness; (3) transitivity; (4) continuity; (5) preference increasing with probability and (6) strong independence. This theory is qualified as the formal or minimal theory of the practical rationality. This theory is unique having two ways of application: as the empirical theory and as the normative on...
This paper brings together views on choice making as have been developed in philosophy, psychology, ...
For about 2,500 years, the term rationality has been used in the Western world to describe the appli...
Since the dawn of time human beings have had to make decisions. Wise or foolish, thoughtful or insti...
The article starts with the introduction of the Lithuanian reader into the expected utility theory w...
The article presents a proposal of explanation what practical rationality is, how it works and what ...
Article focused on human being as a rational creature. Therefore, every undertaken preference could ...
Item does not contain fulltextThis article offers a historical and methodological perspective on the...
This thesis investigates the relation between rationality in decision-making. People have long been ...
The consequences of selecting alternatives spurred scientists to create theories of rational decisio...
This book describes how the concept of rationality has evolved in the last decades. Since the early ...
Standard theories of rational decision making and rational preference embrace the idea that there is...
The article tells about the philosophical analyze of rationality. Traditionally several main types o...
The paper provides an brief overview of the state of the art in the theory of rational decision maki...
This book offers a rigorous, concise, and nontechnical introduction to some of the fundamental insig...
This article critically discusses the concept of economic rationality, arguing that it is too narrow...
This paper brings together views on choice making as have been developed in philosophy, psychology, ...
For about 2,500 years, the term rationality has been used in the Western world to describe the appli...
Since the dawn of time human beings have had to make decisions. Wise or foolish, thoughtful or insti...
The article starts with the introduction of the Lithuanian reader into the expected utility theory w...
The article presents a proposal of explanation what practical rationality is, how it works and what ...
Article focused on human being as a rational creature. Therefore, every undertaken preference could ...
Item does not contain fulltextThis article offers a historical and methodological perspective on the...
This thesis investigates the relation between rationality in decision-making. People have long been ...
The consequences of selecting alternatives spurred scientists to create theories of rational decisio...
This book describes how the concept of rationality has evolved in the last decades. Since the early ...
Standard theories of rational decision making and rational preference embrace the idea that there is...
The article tells about the philosophical analyze of rationality. Traditionally several main types o...
The paper provides an brief overview of the state of the art in the theory of rational decision maki...
This book offers a rigorous, concise, and nontechnical introduction to some of the fundamental insig...
This article critically discusses the concept of economic rationality, arguing that it is too narrow...
This paper brings together views on choice making as have been developed in philosophy, psychology, ...
For about 2,500 years, the term rationality has been used in the Western world to describe the appli...
Since the dawn of time human beings have had to make decisions. Wise or foolish, thoughtful or insti...