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This chapter is a very compressed review of the neoclassical orthodoxy on the nature of rationality on economic theory … function of a definition of rationality. …
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This paper extends Savage's subjective approach to probability and utility from decision problems under exogenous uncertainty to choice in strategic environments. Interactive uncertainty is modeled both explicitly, using hierarchies of preference relations, the analogue of beliefs hierarchies,...
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The following analysis is meant to contribute to a history of rational choice theory. More specifically, I provide a multi-layered account of rational choice theory in terms of its biography as a scientific object. I argue that its axiomatic version, choice theory traveled between different...
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interactions in and across organizations. In the game-theoretic conception of rationality, agents reason iteratively about each … Special Issue on Bounded Rationality and Strategic Interaction. …
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