We may be overthinking things here.  What's wrong with defining it as the
capacity to make choices when more than one option is available?

On Wed, Aug 1, 2012 at 9:17 AM, meekerdb <meeke...@verizon.net> wrote:

> On 8/1/2012 5:04 AM, Russell Standish wrote:
>
>> Yes - and rationality often does not help much. In such situations, it
>> is often better to make a fast decision than a good one. Only
>> irrational agents can make fast decisions.
>>
>
> Almost all real decisions (even in chess) are time constrained.  How can
> it be rational to wait too long for your decision to matter and irrational
> to make a quick decision on incomplete information, on incomplete analysis?
>
>
>
>> > From the responses I've received on this list, I don't think people
>> are using the term rational in the same way it is used in
>> economics. Flipping a coin is never rational, although it may well be
>> the best thing to do.
>>
> Random moves are optimum in many games and provably so.  What meaning of
> 'rational' are you using?
>
>
> Brent
>
>
>
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