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    If bounded strategies are demonstrably more accurate than... — Carmelics
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    Challenges→Global rationality is a reasonable normative standard but problematic as a descriptive theory of human judgment and decision-making

    If bounded strategies are demonstrably more accurate than global optimization under real-world conditions, then global rationality is deficient as a normative standard, not merely as a descriptive one.

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    Key Terms

    Bounded strategies(as used in decision theory and cognitive science)
    Decision-making methods that work with limited information and brain power instead of trying to consider everything possible—like using a simple rule of thumb instead of doing complex math.
    Global optimization(as used in decision theory)
    Finding the absolute best possible solution by considering all options and outcomes—the theoretical ideal where you make the perfect choice every time.
    Normative standard(as used in ethics)
    A rule or principle that tells us what *should* be the case, what's right or wrong—not just what *is* the case.
    Real-world conditions(as used in philosophy and science)
    The messy, complicated actual situations people face in life, where you have limited time, incomplete information, and can't check every possibility.

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    descriptive(describing the other type of vocabulary being compared)
    Language or claims about how things *actually are* in reality—just the facts without judgments about whether they're good or bad.
    global rationality(Contrasted with bounded rationality; referenced via Aumann's arguments)
    A normative standard for rational judgment and decision-making, discussed in section 2, treated as reasonable in principle but descriptively inadequate for modeling actual human behavior

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    Truth & Knowledge1 linkedConsequentialism1 linked

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    Global rationality is a reasonable normative standard but problematic as a descr...

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