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From rationality to coordination

Published online by Cambridge University Press:  02 October 2003

Paul Weirich
Paul Weirich*
Affiliation:
Philosophy Department, University of Missouri, Columbia, MO 65211 http://web.missouri.edu/~philwww/people/weirich.html
*
[email protected]
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Abstract:

Game theory's paradoxes stimulate the study of rationality. Sometimes they motivate the revising of standard principles of rationality. Other times they call for revising applications of those principles or introducing supplementary principles of rationality. I maintain that rationality adjusts its demands to circumstances, and in ideal games of coordination it yields a payoff-dominant equilibrium.

Type
Open Peer Commentary
Information
Behavioral and Brain Sciences , Volume 26 , Issue 2 , April 2003 , pp. 179 - 180
Copyright
Copyright © Cambridge University Press 2003

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