Abstract

This is an excerpt from the contentIn the introduction to part I of the symposium we stated that a rational agent could be thought of as an agent who has good reasons for its actions. In formal analyses of economic, medical, political, military and forensic decisions rationality, that is the “goodness” of those reasons, is inextricably intertwined with probability. Typically, those analyses concern decisions in a particular class of uncertain situations, namely “risky” situations, where all the relevant available alternative actions are known, each or most actions are non-deterministic , and the probability of each outcome is known to some degree of approximation. As yet, formal analyses have only begun to scratch the surface of the subtleties implicated in uncertain, but not risky, situations, where the available courses of actions, and/or their possible outcomes, and/or the probabilities of those outcomes, are not all