Building Blocks of Human Decision Making
Building Blocks of Human Decision Making
This chapter considers the types of building blocks out of which the mechanisms for decision making in humans may be constructed. Two distinct types of mechanisms are distinguished: mechanisms involving substantive rationality, which embody specific patterns of behavior, values, or actions; and mechanisms that embody formal rationality, which seek to make an agent’s beliefs, values, and actions as coherent with each other as possible. It is suggested that both types of mechanisms are likely to play an important and complementary role in human decision making, although different theoretical positions place very different weight on the relative importance of each.
Keywords: Strüngmann Forum Reports, decision making, behavior-based robotics, formal rationality, simple heuristics, substantive rationality
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