Rational Choice in an Uncertain World

Rational Choice in an Uncertain World PDF Author: Reid Hastie
Publisher: SAGE
ISBN: 1412959039
Category : Business & Economics
Languages : en
Pages : 393

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Book Description
In the Second Edition of Rational Choice in an Uncertain World the authors compare the basic principles of rationality with actual behaviour in making decisions. They describe theories and research findings from the field of judgment and decision making in a non-technical manner, using anecdotes as a teaching device. Intended as an introductory textbook for advanced undergraduate and graduate students, the material not only is of scholarly interest but is practical as well. The Second Edition includes: - more coverage on the role of emotions, happiness, and general well-being in decisions - a summary of the new research on the neuroscience of decision processes - more discussion of the adaptive value of (non-rational heuristics) - expansion of the graphics for decision trees, probability trees, and Venn diagrams.

Rational Choice in an Uncertain World

Rational Choice in an Uncertain World PDF Author: Reid Hastie
Publisher: SAGE
ISBN: 1412959039
Category : Business & Economics
Languages : en
Pages : 393

Get Book Here

Book Description
In the Second Edition of Rational Choice in an Uncertain World the authors compare the basic principles of rationality with actual behaviour in making decisions. They describe theories and research findings from the field of judgment and decision making in a non-technical manner, using anecdotes as a teaching device. Intended as an introductory textbook for advanced undergraduate and graduate students, the material not only is of scholarly interest but is practical as well. The Second Edition includes: - more coverage on the role of emotions, happiness, and general well-being in decisions - a summary of the new research on the neuroscience of decision processes - more discussion of the adaptive value of (non-rational heuristics) - expansion of the graphics for decision trees, probability trees, and Venn diagrams.

Pathologies of Rational Choice Theory

Pathologies of Rational Choice Theory PDF Author: Donald Green
Publisher: Yale University Press
ISBN: 0300187084
Category : Political Science
Languages : en
Pages : 415

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Book Description
This is the first comprehensive critical evaluation of the use of rational choice theory in political science. Writing in an accessible and nontechnical style, Donald P. Green and Ian Shapiro assess rational choice theory where it is reputed to be most successful: the study of collective action, the behavior of political parties and politicians, and such phenomena as voting cycles and Prisoner's Dilemmas. In their hard-hitting critique, Green and Shapiro demonstrate that the much heralded achievements of rational choice theory are in fact deeply suspect and that fundamental rethinking is needed if rational choice theorists are to contribute to the understanding of politics. In their final chapters, they anticipate and respond to a variety of possible rational choice responses to their arguments, thereby initiating a dialogue that is bound to continue for some time.

Rationalizing Capitalist Democracy

Rationalizing Capitalist Democracy PDF Author: S.M. Amadae
Publisher: University of Chicago Press
ISBN: 0226016544
Category : History
Languages : en
Pages : 414

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Book Description
Offering a fascinating biography of a foundational theory, Amadae reveals not only how the ideological battles of the Cold War shaped ideas but also how those ideas may today be undermining the very notion of individual liberty they were created to defend.

Rational Choice

Rational Choice PDF Author: Itzhak Gilboa
Publisher: MIT Press
ISBN: 0262518058
Category : Business & Economics
Languages : en
Pages : 177

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Book Description
A nontechnical, concise, and rigorous introduction to the rational choice paradigm, focusing on basic insights applicable in fields ranging from economics to philosophy. This book offers a rigorous, concise, and nontechnical introduction to some of the fundamental insights of rational choice theory. It draws on formal theories of microeconomics, decision making, games, and social choice, and on ideas developed in philosophy, psychology, and sociology. Itzhak Gilboa argues that economic theory has provided a set of powerful models and broad insights that have changed the way we think about everyday life. He focuses on basic insights of the rational choice paradigm—the general conceptualization rather than a particular theory—that survive recent (and well-justified) critiques of economic theory's various failures. Gilboa explains the main concepts in language accessible to the nonspecialist, offering a nonmathematical guide to some of the main ideas developed in economic theory in the second half of the twentieth century. Chapters cover feasibility and desirability, utility maximization, constrained optimization, expected utility, probability and statistics, aggregation of preferences, games and equilibria, free markets, and rationality and emotions. Online appendixes offer additional material, including a survey of relevant mathematical concepts.

Rational Choice and Democratic Deliberation

Rational Choice and Democratic Deliberation PDF Author: Guido Pincione
Publisher: Cambridge University Press
ISBN: 0521862698
Category : Philosophy
Languages : en
Pages : 249

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Book Description
This book offers a comprehensive and sustained critique of theories of deliberative democracy.

Morality and Rational Choice

Morality and Rational Choice PDF Author: J. Baron
Publisher: Springer Science & Business Media
ISBN: 9401582262
Category : Philosophy
Languages : en
Pages : 226

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Book Description
Public controversies - such as those about the distribution of goods between rich and poor, trade and population policies, allocation of medical resources, and the tradeoff between environment al protection and economic efficiency - often hinge on fundamental views about how we ought to make decisions tImt affect each other, that is, what principles we ought to follow. Efforts to find an acceptable public philosophy, a set of such principles on which people might agree, have foundered because of dis agreement among philosophers and others who are concerned with such issues. One view, which I shall develop and defend here, holds that decisions that affect others should be made according to an overall evaluation of the consequences of each option. This consequentialist view is opposed by a variety of alternatives, but many of the alternatives have in COlllmon a basis in moral intuition. To take a simple example, consequentialism holds that, other things equal, if we have decided that it is better to let a terminally ill patient die than to prolong her agony by keeping her alive, then we ought to kill her.

Rational Choice Theory and Organizational Theory

Rational Choice Theory and Organizational Theory PDF Author: Mary Zey
Publisher: SAGE
ISBN: 9780803951365
Category : Business & Economics
Languages : en
Pages : 156

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Book Description
Rational Choice Theory and Organizational Theory is written in response to the neo-classical economic rational choice theories and organizational economic theories which have emerged in the past decade and gained center stage in current organizational analysis.

Communicative Action and Rational Choice

Communicative Action and Rational Choice PDF Author: Joseph Heath
Publisher: MIT Press
ISBN: 9780262263030
Category : Philosophy
Languages : en
Pages : 380

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Book Description
In this book Joseph Heath brings Jürgen Habermas's theory of communicative action into dialogue with the most sophisticated articulation of the instrumental conception of practical rationality-modern rational choice theory. Heath begins with an overview of Habermas's action theory and his critique of decision and game theory. He then offers an alternative to Habermas's use of speech act theory to explain social order and outlines a multidimensional theory of rational action that includes norm-governed action as a specific type. In the second part of the book Heath discusses the more philosophical dimension of Habermas's conception of practical rationality. He criticizes Habermas's attempt to introduce a universalization principle governing moral discourse, as well as his criteria for distinguishing between moral and ethical problems. Heath offers an alternative account of the level of convergence exhibited by moral argumentation, drawing on game-theoretic models to specify the burden of proof that the theory of communicative action and discourse must assume.

Rational Choice Theory

Rational Choice Theory PDF Author: Margaret S. Archer
Publisher: Routledge
ISBN: 1134546521
Category : Social Science
Languages : en
Pages : 276

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Book Description
Rational Choice Theory is flourishing in sociology and is increasingly influential in other disciplines. Contributors to this volume are convinced that it provides an inadequate conceptualization of all aspects of decision making: of the individuals who make the decisions, of the process by which decisions get made and of the context within which decisions get made. The ciritique focuses on the four assumptions which are the bedrock of rational choice: rationality: the theory's definition of rationality is incomplete, and cannot satisfactorily incorporate norms and emotions individualism: rational choice is based upon atomistic, individual decision makers and cannot account for decisions made by ;couples', 'groups' or other forms of collective action process: the assumption of fixed, well-ordered preferences and 'perfect information' makes the theory inadequate for situations of change and uncertainty aggregation: as methodological individualists, rational choice theorists can only view structure and culture as aggregates and cannot incorporate structural or cultural influences as emergent properties which have an effect upon decision making. The critique is grounded in discussion of a wide range of social issues, including race, marriage, health and education.

The Rational Choice Controversy

The Rational Choice Controversy PDF Author: Jeffrey Friedman
Publisher: Yale University Press
ISBN: 9780300068214
Category : Philosophy
Languages : en
Pages : 318

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Book Description
Pathologies of Rational Choice Theory, a book written by Donald Green and Ian Shapiro and published in 1994, excited much controversy among political scientists and promoted a dialogue among them that was printed in a double issue of the journal Critical Review in 1995. This new book reproduces thirteen essays from the journal written by senior scholars in the field, along with an introduction by the editor of the journal, Jeffrey Friedman, and a rejoinder to the essays by Green and Shapiro. The scholars--who include John Ferejohn, Morris P. Fiorina, Stanley Kelley, Jr., Robert E. Lane, Peter C. Ordeshook, Norman Schofield, and Kenneth A. Shepsle--criticize, agree with, or build on the issues raised by Green and Shapiro s critique. Together the essays provide an interesting and accessible way of focusing on competing approaches to the study of politics and the social sciences.