Rationality and Process

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key: 2007-05-25-Staddon

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There is a philosophical (or perhaps definitional) problem with the analysis so engagingly presented by Basu. Definition: The rational choice is the one that (for defensible reasons) gains the most payoff. Thus, buying a lottery ticket on a hunch is not rational even if you win... more: [ (not found: 'StaddonBasu2007.pdf', ID 326) ]

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