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For example, some versions of internalism appeal to counterfactuals involving full rationality, but sometimes agents have certain reasons precisely because they are not fully rational.
Housing bubbles — like the one precipitating the current mess — are all too consistent with full rationality on an individual level: if a bank anticipates that a borrower will refinance his mortgage loan should the price of his house rise, it may lend him money even though it knows he can't pay it back.
But problems with full rationality abound.
The distinction between theories of full rationality and less-than-full rationality is central to the project of idealization, though, as will emerge, full rationality is elusive.
How could she do better than full rationality?
The assumption of full rationality initially seems irresistible.
Similar(35)
His aim was pansophia (universal wisdom), which meant that "all men should be educated to full humanity"—to rationality, morality, and happiness.
To better understand how policymakers think, we need a full account of "bounded rationality".
Furthermore, we included the full proof of the rationality and the normativity of temporal discounting in the Methods section.
For example, if we hold that only people who are operating in conditions of full information and ideal rationality are fully autonomous, we risk making autonomy into an unrealizable ideal.
His own home at Ramsgate of 1844 is his domestic masterpiece: an exemplary model for imitation, entirely free from Georgian tweeness, and full of butch common sense, even rationality in its floor plans, a prototype for thousands of imitations.
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