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| Author: | Sugden, R. |
| Title: | Hume's non-instrumental and non-propositional decision theory |
| Journal: | Economics and philosophy
2006 : NOV, VOL. 22:3, p. 365-391 |
| Index terms: | decision theory philosophy |
| Language: | eng |
| Abstract: | Hume is often read as proposing an instrumental theory of decision, in which an agent's choices are rational if they maximally satisfy her desires, given her beliefs. In fact, Hume denies that rationally can be attributed to actions. It is argued here that this is not a gap needing to be filled. Hume's theory provides a coherent and self-contained understanding of action, compatible with current developments in experimental psychology and behavioural economics. |
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