“Decision theory, similarly analyzing rational choices, within human organizations, based upon examination of a given situation and its possible outcomes.”

—  Ludwig von Bertalanffy

General System Theory (1968), 4. Advances in General Systems Theory

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Ludwig von Bertalanffy65
austrian biologist and philosopher 1901–1972

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“Throughout the social sciences today, the dominant form of modeling is based upon the rational-choice paradigm. Game theory, in particular, is typically based upon the assumption of rational choice. In my view, the reason for the dominance of the rational-choice approach is not that scholars think it is realistic. Nor is game theory used solely because it offers good advice to a decision maker, because its unrealistic assumptions undermine much of its value as a basis for advice.”

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“Pure rationality and limited rationality share a common perspective, seeing decisions as based on evaluation of alternatives in terms of their consequences for preferences. This logic of consequences can be contrasted with a logic of appropriateness by which actions are matched to situations by means of rules organized into identities.”

James G. March (1928–2018) American sociologist

James G. March (1994), A Primer on Decision Making: How Decisions Happen, p. 57

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“Probability theory is an ideal tool for formalizing uncertainty in situations where class frequencies are known or where evidence is based on outcomes of a sufficiently long series of independent random experiments. Possibility theory, on the other hand, is ideal for formalizing incomplete information expressed in terms of fuzzy propositions.”

George Klir (1932–2016) American computer scientist

Source: Fuzzy sets and fuzzy logic (1995), p. 205 cited in: Flavio Comim, et al. (2008) The Capability Approach: Concepts, Measures and Applications. p. 298.

“(Game theory is) essentially a structural theory. It uncovers the logical structure of a great variety of conflict situations and describes this structure in mathematical terms. Sometimes the logical structure of a conflict situation admits rational decisions; sometimes it does not.”

Anatol Rapoport (1911–2007) Russian-born American mathematical psychologist

Source: 1960s, Prisoner's dilemma: A study in conflict and cooperation (1965), p. 196

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“Global rationality, the rationality of neoclassical theory, assumes that the decision maker has a comprehensive, consistent utility function, knows all the alternatives that are available for choice, can compute the expected value of utility associated with each alternative, and chooses the alternative that maximizes expected utility. Bounded rationality, a rationality that is consistent with our knowledge of actual human choice behavior, assumes that the decision maker must search for alternatives, has egregiously incomplete and inaccurate knowledge about the consequences of actions, and chooses actions that are expected to be satisfactory”

Herbert A. Simon (1916–2001) American political scientist, economist, sociologist, and psychologist

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Simon (1997, p. 17); As cited in: Gustavo Barros (2010, p. 460).
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“Ecological rationality uses reason – rational reconstruction – to examine the behavior of individuals based on their experience and folk knowledge, who are ‘naïve’ in their ability to apply constructivist tools to the decisions they make; to understand the emergent order in human cultures; to discover the possible intelligence embodied in the rules, norms and institutions of our cultural and biological heritage that are created from human interactions but not by deliberate human design. People follow rules without being able to articulate them, but they can be discovered.”

Vernon L. Smith (1927) American economist

Source: "Constructivist and ecological rationality in economics," 2002, p. 509.

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“Language… is a range of possibilities, and an open end set of options in behavior that are available to the individual in his existence as social man. The context of culture is the environment of any particular selection that is made within them… The context of culture defines the potential, the range of possibilities that are open. The actual choice among these possibilities takes place within a given context of situation.”

Michael Halliday (1925–2018) Australian linguist

Source: 1970s and later, Explorations in the functions of language, 1973, p. 49 cited in: William O. Beeman (1986) Language, Status, and Power in Iran. p. 65.

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“In a capitalist democracy there are essentially two methods by which social choices can be made: voting, typically used to make ‘political’ decisions, and the market mechanism, typically used to make ‘economic’ decisions. In the emerging democracies with mixed economic systems Great Britain, France, and Scandinavia, the same two modes of making social choices prevail, though more scope is given to the method of voting and to decisions based directly or indirectly on it and less to the rule of the price mechanism. Elsewhere in the world, and even in smaller social units within the democracies, the social decisions are sometimes made by single individuals or small groups and sometimes (more and more rarely in this modern world) by a widely encompassing set of traditional rules for making the social choice in any given situation, for example, a religious code.”

Kenneth Arrow (1921–2017) American economist

Source: 1950s-1960s, Social Choice and Individual Values (1951), p. 1: Opening pharagraph

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“There is a dangerous deception within international organizations, called Participation of local communities. This is essentially based on a lie. Communities are invited to participate on the terms of the donor who has the money. Unless all the choices and decisions are owned and made by the communities, there can be no authentic lasting development.”

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“Decision tree - The most picturesque of all the allegedly scientific aids to making decisions. The analyst charts all the possible outcomes of different options, and charts all the latters' outcomes, too. This produces a series of stems and branches (hence the tree). Each of the chains of events is given a probability and a monetary value.”

Robert Heller (1932–2012) British magician

Source: The Pocket Manager, (1987), p. 73

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