Rationality

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Rationality

Rationality (pronunciation: /ˌræʃəˈnælɪti/) is a term used in Psychology, Philosophy, and Economics to describe the quality of being consistent with or based on logic.

Etymology

The term "rationality" derives from the Latin word "rationalis," meaning "reason." It was first used in the 14th century to refer to the use of reason in understanding and making judgments.

Definition

Rationality refers to the ability to make decisions, solve problems, and take actions that are most likely to achieve one's goals, based on logical reasoning and factual understanding. It involves the use of critical thinking skills to evaluate information and make decisions that are logical, consistent, and coherent.

Related Terms

  • Cognitive bias: A systematic error in thinking that affects the decisions and judgments that people make.
  • Decision theory: A theoretical framework for making decisions that are optimal in some sense.
  • Epistemic rationality: The commitment to form beliefs based only on reliable evidence and logical reasoning.
  • Instrumental rationality: The ability to make decisions that effectively achieve one's goals.
  • Logic: The study of the principles of correct reasoning.
  • Reason: The capacity for consciously making sense of things, applying logic, and adapting or justifying practices, institutions, and beliefs based on new or existing information.

See Also

External links

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