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Standard game theory cannot explain the selection of payoff-dominant outcomes that are best for all players in common-interest games. Theories of team reasoning can explain why such mutualistic cooperation is rational. They propose that teams can be agents and that individuals in teams can adopt a distinctive mode of reasoning that enables them to do their part in achieving Pareto-dominant outcomes. We show that it can be rational to play payoff-dominant outcomes, given that an agent group identifies. We compare team (...) |
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Although irrationality always presupposes rationality, I think there are good arguments to claim that sometimes rationality presupposes irrationality.This paper tries to show how irrational action can support rationality in two ways: it can develop and preserve rationality. I also argue that sometimes the development and the conservation of rationality can only be realized by irrational action. |
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The Prisoner's Dilemma (PD) exhibits a tragedy in this sense: if the players are fully informed and rational, they are condemned to a jointly dispreferred outcome. In this essay I address the following question: What feature of the PD's payoff structure is necessary and sufficient to produce the tragedy? In answering it I use the notion of a trembling-hand equilibrium. In the final section I discuss an implication of my argument, an implication which bears on the persistence of the problem (...) |
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In his bookMinimal Rationality (1986), Christopher Cherniak draws deep and widespread conclusions from our finitude, and not only for philosophy but also for a wide range of science as well. Cherniak's basic idea is that traditional philosophical theories of rationality represent idealisations that are inaccessible to finite rational agents. It is the purpose of this paper to apply a theory of idealisation in science to Cherniak's arguments. The heart of the theory is a distinction between idealisations that represent reversible, solely (...) |
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Executive compensation has long been a prominent topic in the management literature. A main question that is also given substantial attention in the business ethics literature—even more so in the wake of the recent financial crisis—is whether increasing levels of executive compensation can be justified from an ethical point of view. Also, the relationship of executive compensation to instances of unethical behavior or outcomes has received considerable attention. The purpose of this paper is to explore the social, ecological, and existential (...) |
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This paper gives a philosophical outline of the importance of plausible ontologies in the social sciences and argues how mechanisms and processes should be placed as the foundation in the social world. The argumentation is mainly based on a critical appraisal of the use of mechanisms and processes in the works of Norbert Elias, Charles Tilly, and Jon Elster. I start by elaborating on how inquiries of scientific interest evolve to shed light on cases, facts and the things that constitute (...) |
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A collective volume in memoriam Mihail Radu Solcan. |
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Rational analysis (Anderson 1990, 1991a) is an empiricalprogram of attempting to explain why the cognitive system isadaptive, with respect to its goals and the structure of itsenvironment. We argue that rational analysis has two importantimplications for philosophical debate concerning rationality. First,rational analysis provides a model for the relationship betweenformal principles of rationality (such as probability or decisiontheory) and everyday rationality, in the sense of successfulthought and action in daily life. Second, applying the program ofrational analysis to research on human reasoning (...) |
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If dispositions are conceived as properties of systems that refer to possible causal relations, dispositions can be used in singular causal explanations. By means of these dispositional explanations, we can explain behavior B of a system x by (i) referring to a situation of type S that triggered B, given that x has a disposition D to do B in S, or (ii) by referring to a disposition D of x to do B in S, given that x is in (...) |
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