“The theory of rational action may therefore fail, because it is unable to produce unique prescriptions and predictions. It may also fail if the agents’ behavior does not conform to predictions, whether these are unique or not; that is, if the agents are irrational. There are multiple sources of irrationality, hot or cold.”

—  Jon Elster

Reason and Rationality (2009)

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Jon Elster 12
Norwegian academic 1940

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