Predictive incapacity and rational decision
Nicholas Rescher
European Review, 1995, vol. 3, issue 4, 327-332
Abstract:
Even agents possessed of free will must—if rational—be substantially predictable. However, there will be some situations where the act-choices of rational agents will not be predictable—for example, in circumstances of underdetermination due to insufficient information. And moreover, unpredictability can also result in situations of analysis overdetermination that arise when equally cogent analyses yield disparate results, as in the example of Dr. Psychic Psycho. The Prisoner's Dilemma affords yet another instance of this. Clearly, when determination fails even after rationality has had its say, then rationality's predictive power is exhausted! Fortunately, however, that does not mean that our human resources of issue-resolution are at the end of their tether.
Date: 1995
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:cup:eurrev:v:3:y:1995:i:04:p:327-332_00
Access Statistics for this article
More articles in European Review from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().