Cooperation and (structural) Rationality - a podcast by MCMP Team

Julian Nida-Rümelin (LMU) gives a talk at the 6th Munich-Sydney-Tilburg Conference on "Models and Decisions" (10-12 April, 2013) titled "Cooperation and (structural) Rationality". Abstract:Cooperation remains a challenge for the theory of rationality, rational agents should not cooperate in one shot prisoner's dilemmas. But they do, it seems. There is a reason why mainstream rational choice theory is at odds with cooperative agency: rational action is thought to be consequentialist, but this is wrong. If we give up consequentialism and adopt a structural account of rationality, the problem resolves, as will be shown. In the second part of my lecture I shall show that structural rationality can be combined with bayesianism, contrary to what one may expect. And finally I shall discuss some philosophical implications of structural rationality.

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