POL-UA 500 Lecture 2: POL-UA 500, Lecture 2 Notes
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Rationality of means vs. rationality of ends a. b. c. i. ii. i. ii. Unless otherwise stated, we are talking about rationality of means, not rationality of. Ends are an actual goal that you want to see happen. We aren"t saying that people should prefer certain goals, we aren"t saying what people"s preferences should be, we aren"t saying what people want. In order for a decision to be rational: a) b) c) d) e) You have to be able to make a decision; You have to be able to rank your preferences; Preferences have to be transitive (if you prefer a to b, and b to c, then you must prefer a to c); Given a choice, you choose your top preference; and. Conditional on having the same preferences, you always need to make the same decision. b. Definition of a rational person a. b. c.