The Limits of Rationality - Brossura

 
9780226742397: The Limits of Rationality
Brossura
ISBN 10: 0226742393 ISBN 13: 9780226742397
Casa editrice: University of Chicago Press, 1990

Sinossi

Prevailing economic theory presumes that agents act rationally when they make decisions, striving to maximize the efficient use of their resources. Psychology has repeatedly challenged the rational choice paradigm with persuasive evidence that people do not always make the optimal choice. Yet the paradigm has proven so successful a predictor that its use continues to flourish, fueled by debate across the social sciences over why it works so well.

Intended to introduce novices to rational choice theory, this accessible, interdisciplinary book collects writings by leading researchers. The Limits of Rationality illuminates the rational choice paradigm of social and political behavior itself, identifies its limitations, clarifies the nature of current controversies, and offers suggestions for improving current models.

In the first section of the book, contributors consider the theoretical foundations of rational choice. Models of rational choice play an important role in providing a standard of human action and the bases for constitutional design, but do they also succeed as explanatory models of behavior? Do empirical failures of these explanatory models constitute a telling condemnation of rational choice theory or do they open new avenues of investigation and theorizing?

Emphasizing analyses of norms and institutions, the second and third sections of the book investigate areas in which rational choice theory might be extended in order to provide better models. The contributors evaluate the adequacy of analyses based on neoclassical economics, the potential contributions of game theory and cognitive science, and the consequences for the basic framework when unequal bargaining power and hierarchy are introduced.

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Product Description

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Editore
University of Chicago Press
Data di pubblicazione
1990
Lingua
Inglese
ISBN 10 
0226742393
ISBN 13 
9780226742397
Rilegatura
Copertina flessibile
Numero di pagine
436
Redattore
Cook Karen Schweers, Levi Margaret
Contatto del produttore
non disponibile
Persona responsabile
non disponibile

Altre edizioni note dello stesso titolo

9780226742380: The Limits of Rationality

Edizione in evidenza

ISBN 10:  0226742385 ISBN 13:  9780226742380
Casa editrice: Univ of Chicago Pr, 1990
Rilegato