12 Facts About Rationality

1.

Rationality is the quality of being guided by or based on reasons.

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2.

Rationality is important for solving all kinds of problems in order to efficiently reach one's goal.

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3.

Rationality is normative in the sense that it sets up certain rules or standards of correctness: to be rational is to comply with certain requirements.

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4.

Rationality is usually understood as conservative in the sense that rational agents do not start from zero but already possess many beliefs and intentions.

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5.

Rationality is discussed in a great variety of fields, often in very different terms.

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6.

Rationality argues that the proper object of rationality is not belief but acceptance.

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7.

Rationality is central to solving many problems, both on the local and the global scale.

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8.

Rationality's usage makes clear that he considered the first two as more significant than the others, and it is arguable that the third and fourth are subtypes of the first two.

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9.

Rationality is relative in the sense that it depends on the experience of the person in question.

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10.

Rationality identifies four stages associated with rough age groups: the sensorimotor stage below the age of two, the preoperational state until the age of seven, the concrete operational stage until the age of eleven, and the formal operational stage afterward.

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11.

Rationality is a core assumption of game theory: it is assumed that each player chooses rationally based on what is most beneficial from their point of view.

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12.

Rationality plays a key role in economics and there are several strands to this.

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