Prevailing, highly conservative rational choice theories are challenged in this illuminating volume. Mary Zey and other outstanding contributors expand our understanding of decision making theory by presenting evidence that points to the wide range and complexity of human decision making. Labelled as deviations from formal rationality, other models of decision making (habit, emotion, moral and ethical values) are shown to be alternative, not deviant, motives behind decision making.
Written at an accessible level, this volume examines criticisms of the rational choice models from a wide range of perspectives. The following chapters then concentrate on micro- and macro- alternatives to rational choice models, including a bala
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Foreword - Amitai Etzioni
PART ONE: CRITIQUES OF RATIONAL CHOICE MODELS
Criticisms of Rational Choice Models - Mary Zey
Decision Making and Problem Solving - Herbert A Simon and Associates
What Might Rationality Fail To Do? - Geoffrey Brennan
Rationality of Self and Others in an Economic System - Kenneth J Arrow
PART TWO: ALTERNATIVE PERSPECTIVES: MICROEMPHASIS ON THE INDIVIDUAL
Normative-Affective Factors - Amitai Etzioni
Toward a New Decision-Making Model
On the Relation of Altruism and Self-Interest - Jane J Mansbridge
Emotional `Man' - Helena Flam
Corporate Actors as Emotion-Motivated Emotion Managers
Seductions and Repulsions of Crime - Jack Katz
A Theory of Moral Sentiments - Robert H Frank
The Matter of Habit - Charles Camic
Money Symbolism and Economic Rationality - Robert E Lane
PART THREE: ALTERNATIVE PERSPECTIVES: MACRO-EMPHASIS ON ORGANIZATIONS AND INSTITUTIONS
Introducing Social Structure into Economic Analysis - James S Coleman
Behavioral Decision Theory and Organizational Decision Theory - James G March and Zur Shapira
Economic Action and Social Structure - Mark Granovetter
The Problem of Embeddedness
Getting Into Print - Walter W Powell
The Social Construction of Efficiency - Neil Fligstein
Reform of RICO - Mary Zey
Legal Versus Political Embeddedness Explanations
The Origins of Federal Securities Regulation - James Burk
A Case Study in the Social Control of Finance
2
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