The rational choice generalization of neoclassical economics reconsidered: Any theoretical legitimation for economic imperialism?
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Sociological Theory 18 (3):448-471 (2000)
The article reconsiders the generalization of neoclassical economics by modern rational choice theory. Hence, it reexamines the possible theoretical grounds or lack thereof within neoclassical economics for economic imperialism implied in much of rational choice theory. Some indicative instances of rational choice theory's generalization of neoclassical economics are reviewed. The main portion of the article addresses the question as to whether neoclassical economics allows its generalization in rational choice theory and thus legitimizes economic imperialism. Presented are a number of pertinent theoretical reasons why neoclassical economics does not fully justify its generalization into rational choice as a general social theory, particularly into an overarching economic approach to social action and society. Also discussed are some theoretical implications of the rational choice generalization of neoclassical economics. The main contribution of the article is to detect lack of a strong theoretical rationale in much of neoclassical economics for rational choice theory's manifest or latent economic imperialism
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Boudewijn de Bruin (2008). Reducible and Nonsensical Uses of Game Theory. Philosophy of the Social Sciences 38 (2):247-266.
Amparo Gómez Rodríguez (2008). Rational Choice Theory and Economic Laws: The Role of Shared Values. Poznan Studies in the Philosophy of the Sciences and the Humanities 96 (1):191-205.
Javier Echeverría & José Francisco Álvarez (2008). Bounded Rationality in Social Sciences. Poznan Studies in the Philosophy of the Sciences and the Humanities 96 (1):173-189.
Dennis C. Mueller (2004). Models of Man: Neoclassical, Behavioural, and Evolutionary. Politics, Philosophy and Economics 3 (1):59-76.
Aki Lehtinen & Jaakko Kuorikoski (2007). Unrealistic Assumptions in Rational Choice Theory. Philosophy of the Social Sciences 37 (2):115-138.
J. Kuorikoski & A. Lehtinen (2010). Economics Imperialism and Solution Concepts in Political Science. Philosophy of the Social Sciences 40 (3):347-374.
James Bernard Murphy (1995). Rational Choice Theory as Social Physics. Critical Review 9 (1-2):155-174.
Thomas J. Fararo (1993). General Social Equilibrium: Toward Theoretical Synthesis. Sociological Theory 11 (3):291-313.
Lawrence A. Boland (1998). Situational Analysis Beyond Neoclassical Economists. Philosophy of the Social Sciences 28 (4):515-521.
Added to index2009-01-28
Total downloads19 ( #102,683 of 1,679,329 )
Recent downloads (6 months)1 ( #183,792 of 1,679,329 )
How can I increase my downloads?