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Rationality Between the Maximizers and the Satisficers

Published online by Cambridge University Press:  28 February 2022

Alex C. Michalos*
Affiliation:
University of Guelp, Ontario

Abstract

It is argued that by explicating rationality in terms of benefits balancing or outweighing costs instead of in terms of maximizing or satisficing something, a more adequate view of rationality is obtained.

Type
Part XII Inductive Logic
Copyright
Copyright © 1974 by D. Reidel Publishing Company

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Footnotes

*

I would like to thank Myles Brand, Hugh Lehman, Michael Martin, Ian Mitroff, Michael Ruse and Gordon Welty for their thoughtful comments and encouragement.

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