If rationality is used in the technical sense then the irrational category
becomes too broad because it includes doing the right thing under the
current resources (time, computing power, knowledge) and any other plain
dumb action.

El ago 3, 2012 1:16 a.m., "Russell Standish" <li...@hpcoders.com.au>
escribió:
>
> On Thu, Aug 02, 2012 at 04:46:07PM -0700, meekerdb wrote:
> >
> > But then to compete with other agents it may well be optimum to
> > adopt a random policy and flip a coin.
>
> Of course. But rationality is not just about doing the optimal thing,
> its about knowing what is the optimal thing to do, and then doing it.
>
> One must add some caveats to this characterisation, of course - divine
> inspiration needs to be ruled out, for example. The knowledge must
> derived by logical reasoning from that available information, which is
> where the requirement for unlimited computational resources comes from.
>
> I do understand where you're coming from - everyday usage of the word
> rational is considerably looser than the technical meaning used in
> philosophy, economics, etc.
>
> Cheers
>
> --
>
>
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> Prof Russell Standish                  Phone 0425 253119 (mobile)
> Principal, High Performance Coders
> Visiting Professor of Mathematics      hpco...@hpcoders.com.au
> University of New South Wales          http://www.hpcoders.com.au
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