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Home > Education > Mathematics > Satisficing and Maximizing-eBook
Satisficing and Maximizing
 
 
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Satisficing and Maximizing
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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Title of ebook: Satisficing and Maximizing
ISBN: 9780511207976
Publisher: Cambridge University Press
Internet download file size: 886 kb
Pages: 256
Released online for download: 07-19-2004
Editor: Byron, Michael

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