Behavioral and Brain Sciences


Short Communication

From rationality to coordination


Paul Weirich a1

a1 Philosophy Department, University of Missouri, Columbia, MO 65211 weirichp@missouri.edu web.missouri.edu/~philwww/people/weirich.html

Abstract

Game theory's paradoxes stimulate the study of rationality. Sometimes they motivate the revising of standard principles of rationality. Other times they call for revising applications of those principles or introducing supplementary principles of rationality. I maintain that rationality adjusts its demands to circumstances, and in ideal games of coordination it yields a payoff-dominant equilibrium.



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