Work

Rationality and the Bayesian Paradigm: An Integrative Note

Year: 2014

Type: preprint

Abstract: It is argued that, contrary to a rather prevalent view within economic theory, rationality does not imply Bayesianism. The note begins by defining these terms and justifying the choice of these definitions, proceeds to survey the main justification for this prevalent view, and concludes by highlighting its weaknesses.

Source: RePEc: Research Papers in Economics

DOI: 10.22004/ag.econ.275826

Authors: Gilboa, Itzhak, Gilboa, Itzhak

Language: English

Topic: Decision-Making and Behavioral Economics

Subfield: General Decision Sciences

Field: Decision Sciences

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2903947210

Cites: 39

Cited by: 4

Related to: 10