Physical Sciences and Mathematics Commons^™

Procedurally Rational Decision-Making And Control, Richard L. Frost, Michael A. Goodrich, Wynn C. Stirling

Faculty Publications

Substantive rationality requires a decision-maker to be a utility maximizer; under this paradigm, the decision is paramount, and not dependent on the computational process used to obtain it. Procedural rationality is dependent on the method used to make the decision; reasonableness of the procedure is paramount. Well-formed problems are amenable to substantive rationality; ill-formed problems are not, but are amenable to procedural rationality. To qualify as being procedurally rational, a methodology must possess a sound epistemological basis, it must be amenable to a formal design synthesis procedure, and it must be consistent with substantive rationality. Epistemic utility theory forms the …