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Books > Humanities > Philosophy > Western philosophy > Modern Western philosophy, c 1600 to the present > Western philosophy, from c 1900 - > Analytical & linguistic philosophy
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Satisficing and Maximizing - Moral Theorists on Practical Reason (Paperback, New)
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Satisficing and Maximizing - Moral Theorists on Practical Reason (Paperback, New)
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How do we think about what we plan to do? One dominant answer is
that we select the best possible option available. However, a
growing number of philosophers would offer a different answer:
since we are not equipped to maximize we often choose the next best
alternative, one that is no more than satisfactory. This strategy
choice is called satisficing (a term coined by the economist Herb
Simon). This new collection of essays explores both these accounts
of practical reason, examining the consequences for adopting one or
the other for moral theory in general and the theory of practical
rationality in particular. It aims to address a constituency larger
than contemporary moral philosophers and bring these questions to
the attention of those interested in the applications of decision
theory in economics, psychology and political science.
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