Cookies?
Library Header Image
LSE Research Online LSE Library Services

A reason-based theory of rational choice

Dietrich, Franz and List, Christian (2013) A reason-based theory of rational choice. Noûs, 47 (1). pp. 104-134. ISSN 0029-4624

Full text not available from this repository.

Abstract

There is a surprising disconnect between formal rational choice theory and philosophical work on reasons. The one is silent on the role of reasons in rational choices, the other rarely engages with the formal models of decision problems used by social scientists. To bridge this gap, we propose a new, reason-based theory of rational choice. At its core is an account of preference formation, according to which an agent’s preferences are determined by his or her motivating reasons, together with a ‘weighing relation’ between different combinations of reasons. By explaining how someone’s preferences may vary with changes in his or her motivating reasons, our theory illuminates the relationship between deliberation about reasons and rational choices. Although primarily positive, the theory can also help us think about how those preferences and choices ought to respond to normative reasons.

Item Type: Article
Official URL: http://onlinelibrary.wiley.com/journal/10.1111/%28...
Additional Information: © 2011 Wiley Periodicals
Library of Congress subject classification: B Philosophy. Psychology. Religion > BC Logic
Sets: Departments > Government
Research centres and groups > Centre for Philosophy of Natural and Social Science (CPNSS)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 23 Oct 2012 09:07
URL: http://eprints.lse.ac.uk/46930/

Actions (login required)

Record administration - authorised staff only Record administration - authorised staff only