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Politics : Foreign Affairs Discussion Group

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To: D. Long who wrote (36239)	8/7/2002 9:24:33 AM
From: JohnM	Read Replies (1) of 281500

Nonsense. Any analysis in decision theory requires valuation of rational and irrational judgements. Cost-benefit analysis, for one, ASSUMES rationality. Are you talking about the formal theory of cost benefit analysis or are you talking about what we all do in everyday life? If it's the former, then rationality has a specific meaning. Moreover, I'm not certain irrationality is a category in that theory; I think the opposite of rational is non-rational. But I'm only a critic of rational choice theory; don't read the stuff the better to protect my blood pressure. I will never forget debates as to whether it made cost-benefit sense to try to get more doctors into the inner city south side of Chicago in the 60s. It didn't. That was one of the many times I gave up on rational choice theory.

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