Statistical foundations of ecological rationality

Abstract: If we reassess the rationality question under the assumption that the uncertainty of the natural world is largely unquantifiable, where do we end up? In this article the author argues that we arrive at a statistical, normative, and cognitive theory of ecological rationality. The main casualty of this rebuilding process is optimality. Once we view optimality as a formal implication of quantified uncertainty rather than an ecologically meaningful objective, the rationality question shifts from being axiomatic/probabilistic in nature to being algorithmic/predictive in nature. These distinct views on rationality mirror fundamental and longstanding divisions in statistics

Angaben zum Objekt

• Standort: Deutsche Nationalbibliothek Frankfurt am Main
• Umfang: Online-Ressource
• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Statistical foundations of ecological rationality ; volume:14 ; number:1 ; year:2020 ; extent:32 ; Economics / Journal articles. Journal articles ; 14, Heft 1 (2020) (gesamt 32)

Beteiligte, Orts- und Zeitangaben

• Urheber: Brighton, Henry

Weitere Informationen

• DOI: 10.5018/economics-ejournal.ja.2020-2
• URN: urn:nbn:de:101:1-2412131027457.597954152476
• Rechteinformation: Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
• Letzte Aktualisierung: 15.08.2025, 07:37 MESZ