ABSTRACT

More certainly needs to be said about the nature of endogenous preferences to adequately explain preference feedback systems. But in closing this section, I simply note that replacing the expected utility individual conception with a reflexive individual conception depends on bringing together the two sides of the agent discussed above. That is, a full reflexivity account of agents would need to integrate expectations feedback systems and preference feedback systems by showing how each acts upon the other, and thus how both the cognitive and manipulative functions modify each another in a two-way feedback system.