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Ep 130: Steven Pinker’s ”Rationality” Ch 6 ”Risk and Reward” (Rational Choice & Expected Utility). Analysis.

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What Is Rational Choice Theory?

Rational choice theory can trace its roots all the way back to adam smith and the beginnings of our understanding of how free trade and capitalism works. If you want to be a rational decision maker, then you should rely on something called rational choice theory. And one way of going about doing this is to actually employ the mathematics of or the logic of rational decision theory. The world view that i tend to try and explain here at top caste really will be a comparison of world views.

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