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It overlaps with psychology, philosophy, linguistics, cognitive science, artificial intelligence, logic, and probability theory. Psychological experiments on how humans and other animals reason have been carried out for over 100 years. An enduring question is whether or not people have the capacity to be rational.
Bounded rationality is the idea that rationality is limited when individuals make decisions, and under these limitations, rational individuals will select a decision that is satisfactory rather than optimal.
Logic and rationality have each been taken as fundamental concepts in philosophy. They are not the same thing. Philosophical rationalism in its most extreme form is the doctrine that knowledge can ultimately be founded on pure reason, while logicism is the doctrine that mathematical concepts, among others, are reducible to pure logic.
Reason is the capacity of consciously applying logic by drawing valid conclusions from new or existing information, with the aim of seeking the truth. [1] It is associated with such characteristically human activities as philosophy, religion, science, language, mathematics, and art, and is normally considered to be a distinguishing ability possessed by humans.
This has led to disputes in psychology over whether researchers should (only) use standard rules of logic, probability theory and statistics, or rational choice theory as norms of good reasoning. Opponents of this view, such as Gerd Gigerenzer , favor a conception of bounded rationality , especially for tasks under high uncertainty. [ 96 ]
The distinction between "maximizing" and "satisficing" was first made by Herbert A. Simon in 1956. [1] [2] Simon noted that although fields like economics posited maximization or "optimizing" as the rational method of making decisions, humans often lack the cognitive resources or the environmental affordances to maximize.
Faith and rationality exist in varying degrees of conflict or compatibility. Rationality is based on reason or facts. Faith is belief in inspiration, revelation, or authority. The word faith sometimes refers to a belief that is held in spite of or against reason or empirical evidence, or it can refer to belief based upon a degree of evidential ...
Logical reasoning is norm-governed in the sense that it aims to formulate correct arguments that any rational person would find convincing. The main discipline studying logical reasoning is logic . Distinct types of logical reasoning differ from each other concerning the norms they employ and the certainty of the conclusion they arrive at.