Title: Risk and rationality
Description: Lara Buchak sets out a new account of rational decision-making in the face of risk. She argues that the orthodox view (expected utility theory) is too narrow, and suggests an alternative, more permissive theory: one that allows individuals to pay attention to the worst-case or best-case scenario, and vindicates the ordinary decision-maker.
Subjects: Risk, Decision making, Practical reason, Reason, Entscheidungsprozess, Praktische Vernunft, Risiko, Psychology