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Choice under description: The motivational nexus

Eriksson, Lina

Description

In order to solve the problem of seemingly reasonable violations of expected utility theory (EUT), many have suggested we should re-describe choice alternatives. But this strategy suffers from the problem of determining the relevant description among multiple possible ones. I argue that the relevant description is given by the theory of motivation that underlies rational choice theory (RCT); more specifically, by the desires people try to satisfy. The descriptions that followed from the...[Show more]

CollectionsANU Research Publications
Date published: 2010
Type: Journal article
URI: http://hdl.handle.net/1885/49600
Source: Rationality and Society
DOI: 10.1177/1043463110364729

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