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| Content Provider | Springer Nature Link |
|---|---|
| Author | Pollock, John L. |
| Copyright Year | 2005 |
| Abstract | Counterexamples are constructed for classical decision theory, turning on the fact that actions must often be chosen in groups rather than individually, i.e., the objects of rational choice are plans. It is argued that there is no way to define optimality for plans that makes the finding of optimal plans the desideratum of rational decision-making. An alternative called “locally global planning” is proposed as a replacement for classical decision theory. Decision-making becomes a non-terminating process without a precise target rather than a terminating search for an optimal solution. |
| Starting Page | 79 |
| Ending Page | 107 |
| Page Count | 29 |
| File Format | |
| ISSN | 00405833 |
| Journal | Theory and Decision |
| Volume Number | 57 |
| Issue Number | 2 |
| e-ISSN | 15737187 |
| Language | English |
| Publisher | Kluwer Academic Publishers |
| Publisher Date | 2005-03-21 |
| Publisher Place | Dordrecht |
| Access Restriction | One Nation One Subscription (ONOS) |
| Subject Keyword | AI alternatives optimality plans rationality Economics/Management Science Operation Research/Decision Theory Methodology of the Social Sciences |
| Content Type | Text |
| Resource Type | Article |
| Subject | Arts and Humanities Economics, Econometrics and Finance Developmental and Educational Psychology Social Sciences Decision Sciences Applied Psychology Computer Science Applications |
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