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The ecological rationality of decision criteria

Title data

Galeazzi, Paolo ; Galeazzi, Alessandro:
The ecological rationality of decision criteria.
In: Synthese. (1 August 2020) . - 24 S.
ISSN 1573-0964
DOI: https://doi.org/10.1007/s11229-020-02785-y

Official URL: Volltext

Abstract in another language

Standard evolutionary game theory investigates the evolutionary fitness of alternative behaviors in a fixed and single decision problem. This paper instead focuses on decision criteria, rather than on simple behaviors, as the general behavioral rules under selection in the population: the evolutionary fitness of classic decision criteria for rational choice is analyzed through Monte Carlo simulations over various classes of decision problems. Overall, quantifying the uncertainty in a probabilistic way and maximizing expected utility turns out to be evolutionarily beneficial in general. Minimizing regret also finds some evolutionary justifications in our results, while maximin seems to be always disadvantaged by differential selection.

Further data

Item Type: Article in a journal
Refereed: Yes
Keywords: ecological rationality; evolutionary selection; decision criteria; population games
Institutions of the University: Faculties > Faculty of Cultural Studies > Department of Philosophy > Chair Philosophy I
Faculties
Faculties > Faculty of Cultural Studies
Faculties > Faculty of Cultural Studies > Department of Philosophy
Result of work at the UBT: Yes
DDC Subjects: 100 Philosophy and psychology > 100 Philosophy
Date Deposited: 20 Mar 2021 22:00
Last Modified: 22 Mar 2021 11:01
URI: https://eref.uni-bayreuth.de/id/eprint/64190