Search results for 'Rational choice theory' (try it on Scholar)

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  1. Edward McClennen (2010). Rational Choice and Moral Theory. Ethical Theory and Moral Practice 13 (5):521-540.score: 177.0
    Contemporary discussions of the positive relation between rational choice and moral theory are a special case of a much older tradition that seeks to show that mutual agreement upon certain moral rules works to the mutual advantage, or in the interests, of those who so agree. I make a few remarks about the history of discussions of the connection between morality and self-interest, after which I argue that the modern theory of rational choice can (...)
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  2. Kevin Morrell (2004). Decision Making and Business Ethics: The Implications of Using Image Theory in Preference to Rational Choice. [REVIEW] Journal of Business Ethics 50 (3):239-252.score: 175.0
    The study of decision making has multiple implications for business ethics. This paper outlines some commonly used frameworks for understanding choice in business. It characterises the dominant model for business decision making as rational choice theory (RCT) and contrasts this with a more recent, naturalistic theory of decision-making, image theory. The implications of using RCT and image theory to model decision making are discussed with reference to three ethical systems. RCT is shown to (...)
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  3. W. S. Cooper (1989). How Evolutionary Biology Challenges the Classical Theory of Rational Choice. Biology and Philosophy 4 (4):457-481.score: 170.0
    A fundamental philosophical question that arises in connection with evolutionary theory is whether the fittest patterns of behavior are always the most rational. Are fitness and rationality fully compatible? When behavioral rationality is characterized formally as in classical decision theory, the question becomes mathematically meaningful and can be explored systematically by investigating whether the optimally fit behavior predicted by evolutionary process models is decision-theoretically coherent. Upon investigation, it appears that in nontrivial evolutionary models the expected behavior is (...)
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  4. Hans Rott (1993). Belief Contraction in the Context of the General Theory of Rational Choice. Journal of Symbolic Logic 58 (4):1426-1450.score: 157.0
    This paper reorganizes and further develops the theory of partial meet contraction which was introduced in a classic paper by Alchourrón, Gärdenfors, and Makinson. Our purpose is threefold. First, we put the theory in a broader perspective by decomposing it into two layers which can respectively be treated by the general theory of choice and preference and elementary model theory. Second, we reprove the two main representation theorems of AGM and present two more representation results (...)
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  5. Ivan Mladenovic (2010). Is There a Place for Psychology in the Framework of Rational Choice Theory? Filozofija I Drustvo 21 (2):251-273.score: 150.0
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  6. Klaus Nehring (2000). A Theory of Rational Choice Under Ignorance. Theory and Decision 48 (3):205-240.score: 147.0
    This paper contributes to a theory of rational choice for decision-makers with incomplete preferences due to partial ignorance, whose beliefs are representable as sets of acceptable priors. We focus on the limiting case of `Complete Ignorance' which can be viewed as reduced form of the general case of partial ignorance. Rationality is conceptualized in terms of a `Principle of Preference-Basedness', according to which rational choice should be isomorphic to asserted preference. The main result characterizes axiomatically (...)
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  7. Bruno Verbeek (2010). Rational Choice Virtues. Ethical Theory and Moral Practice 13 (5):541-559.score: 133.0
    In this essay, I review some results that suggest that rational choice theory has interesting things to say about the virtues. In particular, I argue that rational choice theory can show, first, the role of certain virtues in a game-theoretic analysis of norms. Secondly, that it is useful in the characterization of these virtues. Finally, I discuss how rational choice theory can be brought to bear upon the justification of these virtues (...)
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  8. Thomas A. Boylan & Ruvin Gekker (eds.) (2009). Economics, Rational Choice and Normative Philosophy. Routledge.score: 132.0
    Following Amartya Sen’s insistence to expand the framework of rational choice theory by taking into account ‘non-utility information,’ economists, political scientists and philosophers have recently concentrated their efforts in analysing the issues related to rights, freedom, diversity intentions and equality. Thomas Boylan and Ruvin Gekker have gathered essays that reflect this trend. The particular themes addressed in this volume include: the measurement of diversity and freedom, formal analysis of individual rights and intentions, judgment aggregation under constraints and (...)
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  9. Debra Friedman & Michael Hechter (1988). The Contribution of Rational Choice Theory to Macrosociological Research. Sociological Theory 6 (2):201-218.score: 123.0
    Because it consists of an entire family of specific theories derived from the same first principles, rational choice offers one approach to generate explanations that provide for micro-macro links, and to attack a wide variety of empirical problems in macrosociology. The aims of this paper are (1) to provide a bare skeleton of all rational choice arguments; (2) to demonstrate their applicability to a range of macrosociological concerns by reviewing a sample of both new and classic (...)
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  10. Colin Jerolmack & Douglas Porpora (2004). Religion, Rationality, and Experience: A Response to the New Rational Choice Theory of Religion. Sociological Theory 22 (1):140-160.score: 123.0
    This paper is a critical response to the newest version of the rational choice theory of religion (RCTR). In comparison with previous critiques, this paper takes aim at RCTR's foundational assumption of psychological egoism and argues that the thesis of psychological egoism is untenable. Without that thesis, the normative aspects of religious commitment cannot be reduced validly to instrumental reason. On neither conceptual nor empirical grounds therefore can religion or religious commitment be defined comprehensively in terms of (...)
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  11. John Ferejohn (2002). Symposium on Explanations and Social Ontology 1: Rational Choice Theory and Social Explanation. Economics and Philosophy 18 (2):211-234.score: 120.0
    In the Common Mind, Pettit argues that rational choice theory cannot provide genuine causal accounts of action. A genuine causal explanation of intentional action must track how people actually deliberate to arrive at action. And, deliberation is necessarily enculturated or situated “. . . we take human agents to reason their way to action, using the concepts that are available to them in the currency of their culture” (p. 220). When deciding how to act, “. . . (...)
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  12. HÉlÈne Landemore (2004). Politics and the Economist-King: Is Rational Choice Theory the Science of Choice? Journal of Moral Philosophy 1 (2):177-196.score: 120.0
    This article is another unapologetic contribution to ‘the gentle art of rational choice bashing’. The debate over rational choice theory (RCT) may appear to have tired out; yet RCT is as dominant in political sciences as ever. The reason is that critics typically take aim at the symptoms of RCT’s failings, rather than their root cause: RCT’s very ambition of being the ‘science of choice’. In this article I argue that RCT fails twice, first (...)
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  13. Kaisa Herne & Maija Setälä (2004). A Response to the Critique of Rational Choice Theory: Lakatos' and Laudan's Conceptions Applied. Inquiry 47 (1):67 – 85.score: 120.0
    This paper analyzes the main features of rational choice theory and evaluates it with respect to the conceptions of Lakatos' research program and Laudan's research tradition. The analysis reveals that the thin rationality assumption, the axiomatic method and the reduction to the micro level are the only features shared by all rational choice models. On these grounds, it is argued that rational choice theory cannot be characterized as a research program. This is (...)
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  14. Alban Bouvier (2002). An Epistemological Plea for Methodological Individualism and Rational Choice Theory in Cognitive Rhetoric. Philosophy of the Social Sciences 32 (1):51-70.score: 120.0
    Some current attempts to go beyond the narrow scope of rational choice theory (RCT) in the social sciences and the artificial reconstructions it sometimes provides focus on the arguments that people give to justify their beliefs and behaviors themselves. But the available argumentation theories are not constructed to fill this gap. This article argues that relevance theory, on the contrary, suggests interesting tracks. This provocative idea requires a rereading of Sperber and Wilson's theory. Actually, the (...)
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  15. 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.score: 120.0
    The descriptive viewpoint in rational choice has generated an important Standard Rational Choice Theory revision. This viewpoint has meant the introduction of relevant psychological considerations that Rational Choice Theory tied to the neoclassical economics is unable to heed In this paper I suggest a way to expand the descriptive viewpoint by theorizing how some factors, coming from the social and cultural environment, operate within rational choice. That troublesome issue concerning the (...)
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  16. John Ferejohn & Debra Satz (1995). Unification, Universalism, and Rational Choice Theory. Critical Review 9 (1-2):71-84.score: 120.0
    Green and Shapiro's critique of rational choice theory underestimates the value of unification and the necessity of universalism in science. The central place of intentionality in social life makes both unification and universalism feasible norms in social science. However, ?universalism? in social science may be partial, in that the independence hypothesis?that the causal mechanism governing action is context independent?may hold only locally in certain classes of choice domains.
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  17. Stanley Kelley (1995). The Promise and Limitations of Rational Choice Theory. Critical Review 9 (1-2):95-106.score: 120.0
    Pathologies of Rational Choice Theory is a valuable survey and critique of research in the rational choice tradition, but one that slights that tradition's past and potential contributions to the study of politics. The authors rightly note limitations of rational choice theory but understate what it has to offer political scientists, for they fail to focus clearly on its essentials; adopt too narrow a basis for evaluating scholarship; and wrongly identify rational (...)
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  18. Dennis Chong (1995). Rational Choice Theory's Mysterious Rivals. Critical Review 9 (1-2):37-57.score: 120.0
    Although rational choice theory has enjoyed only modest predictive success, it provides a powerful explanatory mechanism for social processes involving strategic interaction among individuals and it stimulates interesting empirical inquiries. Rather than present competing theories to compare against rational choice, Don Green and Ian Shapiro have merely alluded to alternative explanatory variables such as culture, institutions, and social norms, without showing either how these factors can be incorporated into a more powerful theory, or how (...)
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  19. James Bernard Murphy (1995). Rational Choice Theory as Social Physics. Critical Review 9 (1-2):155-174.score: 120.0
    Donald Green and Ian Shapiro discover a curious gulf between the prestige of rational choice approaches and the dearth of solid empirical findings. But we can understand neither the prestige of rational choice theory nor its pathologies unless we see it as a variant of the equilibrium analysis found in physics, economics, and biology. Only such a global perspective on rational choice theory will reveal its core assumptions and the likely shape of (...)
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  20. Robert J. Holton (1995). Rational Choice Theory in Sociology. Critical Review 9 (4):519-537.score: 120.0
    James Coleman attempted to reconcile rational choice theory with the classical sociological concerns: the relationship between the individual and society, and the historical and normative status of rationality. He identifies limits to the rational choice model, and suggests some promising but ultimately unconvincing ways around them. His project does, however, offer an important critique of Weber's theory of bureaucracy, which is of value in analyzing relationships between corporate actors and particular persons.
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  21. Ivan Moscati & Paola Tubaro (2011). Becker Random Behavior and the as-If Defense of Rational Choice Theory in Demand Analysis. Journal of Economic Methodology 18 (2):107-128.score: 120.0
    In discussing rational choice theory (RCT) as an explanation of demand behavior, Becker (1962, Journal of Political Economy, 70, 1?13) proposed a model of random choice in which consumers pick a bundle on their budget line according to a uniform distribution. This model has then been used in various ways to assess the validity of RCT and to support as-if arguments in defense of it. This paper makes both historical and methodological contributions. Historically, it investigates how (...)
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  22. Philippe Mongin (1991). Rational Choice Theory Considered as Psychology and Moral Philosophy. Philosophy of the Social Sciences 21 (1):5-37.score: 119.0
    This article attempts to assess Jon Elster's contribution to rational choice in Ulysses and the Sirens and Sour Grapes. After reviewing Elster's analysis of functional versus intentional explanations, the essay moves on to the crucial distinction between the thin and broad theories of rationality. The former elabo rates on the traditional economist's preference / feasible set apparatus; the latter is the more demanding theory which inquires into the rationality of beliefs and preferences. Elster's approach to the broad (...)
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  23. Jeffrey Helzner, Uncertainty in the Context of Pragmatist Philosophy and Rational Choice Theory.score: 118.0
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  24. Franz Dietrich & Christian List (2013). A Reason-Based Theory of Rational Choice. Noûs 47 (1):104-134.score: 117.0
    There is a surprising disconnect between formal rational choice theory and philosophical work on reasons. The one is silent on the role of reasons in rational choices, the other rarely engages with the formal models of decision problems used by social scientists. To bridge this gap, we propose a new, reason-based theory of rational choice. At its core is an account of preference formation, according to which an agent’s preferences are determined by his (...)
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  25. Joseph Heath (1996). Rational Choice as Critical Theory. Philosophy and Social Criticism 22 (5):43-62.score: 117.0
    Habermas has argued that many of the endemic socio- economic problems of Western society are either symptoms or prod ucts of a 'lopsided' process of cultural rationalization, one that has emphasized instrumental forms of rationality over communicative. But other than presenting a rather general typology of lifeworld pathologies, Habermas has not done much to specify what these problems might be, nor has he provided any 'middle-range' analysis of the mechanisms through which they might be generated. This paper discusses some of (...)
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  26. Daniel Diermeier (1995). Rational Choice and the Role of Theory in Political Science. Critical Review 9 (1-2):59-70.score: 117.0
    In their survey of empirical research based on rational choice theory, Don Green and Ian Shapiro point to a list of methodological deficiencies or ?pathologies.? The main problem with Green and Shapiro's list lies in the standards they use to evaluate the achievements of rational choice theory. These standards are derived from a view of empirical research that is deeply questionable and, in the stated form, inconsistent with both standard insights in contemporary philosophy of (...)
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  27. Howard Sankey (1995). The Problem of Rational Theory-Choice. Epistemologia 18 (2):299-312.score: 108.0
    The problem of rational theory-choice is the problem of whether choice of theory by a scientist may be objectively rational in the absence of an invariant scientific method. In this paper I offer a solution to the problem, but the solution I propose may come as something of a surprise. For I wish to argue that the work of the very authors who have put the rationality of such choice in question, Thomas Kuhn (...)
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  28. Andrew M. Colman (2003). Cooperation, Psychological Game Theory, and Limitations of Rationality in Social Interaction. Behavioral and Brain Sciences 26 (2):139-153.score: 108.0
    Rational choice theory enjoys unprecedented popularity and influence in the behavioral and social sciences, but it generates intractable problems when applied to socially interactive decisions. In individual decisions, instrumental rationality is defined in terms of expected utility maximization. This becomes problematic in interactive decisions, when individuals have only partial control over the outcomes, because expected utility maximization is undefined in the absence of assumptions about how the other participants will behave. Game theory therefore incorporates not only (...)
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  29. Aki Lehtinen & Jaakko Kuorikoski (2007). Unrealistic Assumptions in Rational Choice Theory. Philosophy of the Social Sciences 37 (2):115-138.score: 104.0
    The most common argument against the use of rational choice models outside economics is that they make unrealistic assumptions about individual behavior. We argue that whether the falsity of assumptions matters in a given model depends on which factors are explanatorily relevant. Since the explanatory factors may vary from application to application, effective criticism of economic model building should be based on model-specific arguments showing how the result really depends on the false assumptions. However, some modeling results in (...)
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  30. Fernando Aguiar & Andrés de Francisco (2009). Rational Choice, Social Identity, and Beliefs About Oneself. Philosophy of the Social Sciences 39 (4):547-571.score: 100.0
    Social identity poses one of the most important challenges to rational choice theory, but rational choice theorists do not hold a common position regarding identity. On one hand, externalist rational choice ignores the concept of identity or reduces it to revealed preferences. On the other hand, internalist rational choice considers identity as a key concept in explaining social action because it permits expressive motivations to be included in the models. However, internalist (...)
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  31. Chrisoula Andreou (2005). Incommensurable Alternatives and Rational Choice. Ratio 18 (3):249–261.score: 100.0
    I consider the implications of incommensurability for the assumption, in rational choice theory, that a rational agent’s preferences are complete. I argue that, contrary to appearances, the completeness assumption and the existence of incommensurability are compatible. Indeed, reflection on incommensurability suggests that one’s preferences should be complete over even the incommensurable alternatives one faces.
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  32. Boudewijn de Bruin (2005). Game Theory in Philosophy. Topoi 24 (2):197-208.score: 99.0
    Game theory is the mathematical study of strategy and conflict. It has wide applications in economics, political science, sociology, and, to some extent, in philosophy. Where rational choice theory or decision theory is concerned with individual agents facing games against nature, game theory deals with games in which all players have preference orderings over the possible outcomes of the game. This paper gives an informal introduction to the theory and a survey of applications (...)
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  33. Boudewijn de Bruin (2008). Reducible and Nonsensical Uses of Game Theory. Philosophy of the Social Sciences 38 (2):247-266.score: 99.0
    The mathematical tools of game theory are frequently used in the social sciences and economic consultancy. But how do they explain social phenomena and support prescriptive judgments? And is the use of game theory really necessary? I analyze the logical form of explanatory and prescriptive game theoretical statements, and argue for two claims: (1) explanatory game theory can and should be reduced to rational choice theory in all cases; and (2) prescriptive game theory (...)
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  34. Douglas W. Portmore, Acts, Attitudes, and Rational Choice.score: 99.0
    In this paper, I argue that we have obligations not only to perform certain actions, but also to have certain attitudes (such as desires, beliefs, and intentions), and this despite the fact that we rarely, if ever, have direct voluntary control over our attitudes. Moreover, I argue that whatever obligations we have with respect to actions derive from our obligations with respect to attitudes. More specifically, I argue that an agent is obligated to perform an action if and only if (...)
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  35. Christian List & John Dryzek (2003). Social Choice Theory and Deliberative Democracy: A Reconciliation. British Journal of Political Science 33 (1):1-28.score: 99.0
    The two most influential traditions of contemporary theorizing about democracy, social choice theory and deliberative democracy, are generally thought to be at loggerheads, in that the former demonstrates the impossibility, instability or meaninglessness of the rational collective outcomes sought by the latter. We argue that the two traditions can be reconciled. After expounding the central Arrow and Gibbard-Satterthwaite impossibility results, we reassess their implications, identifying the conditions under which meaningful democratic decision making is possible. We argue that (...)
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  36. P. Michael McCullough & Sam Faught (2005). Rational Moralists and Moral Rationalists Value-Based Management: Model, Criterion and Validation. [REVIEW] Journal of Business Ethics 60 (2):195 - 205.score: 99.0
    This paper considers ethical decision making by blending three streams of related research: cognitive moral development of the decision maker, rational choice theory and a subjective expected utility model. Ethical dilemmas can be defined as situations where moral certainty is compromised by rational cognition. In this paper, the authors assume that some people use a morality-first perspective and others a rationality-first perspective. Ethical scenarios were written and used to test hypotheses derived from this perspective. The instrument (...)
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  37. Katie Siobhan Steele (2010). What Are the Minimal Requirements of Rational Choice? Arguments From the Sequential-Decision Setting. Theory and Decision 68 (4):463-487.score: 98.0
    There are at least two plausible generalisations of subjective expected utility (SEU) theory: cumulative prospect theory (which relaxes the independence axiom) and Levi’s decision theory (which relaxes at least ordering). These theories call for a re-assessment of the minimal requirements of rational choice. Here, I consider how an analysis of sequential decision making contributes to this assessment. I criticise Hammond’s (Economica 44(176):337–350, 1977; Econ Philos 4:292–297, 1988a; Risk, decision and rationality, 1988b; Theory Decis 25:25–78, (...)
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  38. Ivan Mladenovic (2009). Economic Theory of Democracy and Rational Voter. Filozofija I Drustvo 20 (2):177-202.score: 96.0
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  39. Diego Lanzi (2010). Embedded Choices. Theory and Decision 68 (3):263-280.score: 94.0
    In this article, we present a contextually embedded choice theory. Using concepts and tools of poset mathematics, we show how to include in rational choice theory cultural and social effects. Specifically, we define some choice superstructures, seen as choice set transformations imposed by cultural and social norms. As we shall argue, these transformations can be of help to explain choice behavior within different contexts. Moreover, we show that, once choice superstructures are (...)
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  40. Jacob Busch (2009). Underdetermination and Rational Choice of Theories. Philosophia 37 (1):55-65.score: 93.0
    The underdetermination of theory by data argument (UD) is traditionally construed as an argument that tells us that we ought to favour an anti-realist position over a realist position. I argue that when UD is constructed as an argument saying that theory choice is to proceed between theories that are empirically equivalent and adequate to the phenomena up until now, the argument will not favour constructive empiricism over realism. A constructive empiricist cannot account for why scientists are (...)
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  41. Josh Whitford (2002). Pragmatism and the Untenable Dualism of Means and Ends: Why Rational Choice Theory Does Not Deserve Paradigmatic Privilege. [REVIEW] Theory and Society 31 (3):325-363.score: 93.0
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  42. Herbert Kitschelt (1993). Comparative Historical Research and Rational Choice Theory: The Case of Transitions to Democracy. [REVIEW] Theory and Society 22 (3):413-427.score: 93.0
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  43. Peter Danielson (ed.) (1998). Modeling Rationality, Morality, and Evolution. Oxford University Press.score: 92.0
    This collection focuses on questions that arise when morality is considered from the perspective of recent work on rational choice and evolution. Linking questions like "Is it rational to be moral?" to the evolution of cooperation in "The Prisoners Dilemma," the book brings together new work using models from game theory, evolutionary biology, and cognitive science, as well as from philosophical analysis. Among the contributors are leading figures in these fields, including David Gauthier, Paul M. Churchland, (...)
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  44. J. D. J. Nakaska (2010). Rational Choice Theory : Why Irrationality Makes More Sense for Comparative Politics. In Howard J. Wiarda (ed.), Grand Theories and Ideologies in the Social Sciences. Palgrave Macmillan.score: 91.0
     
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  45. Thomas Christiano (2004). Is Normative Rational Choice Theory Self‐Defeating? Ethics 115 (1):122-141.score: 90.0
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  46. Peter H. M. P. Roelofsma (1999). Rational Choice Theory. Philosophical Psychology 12 (3):309.score: 90.0
  47. James Johnson (1996). How Not to Criticize Rational Choice Theory: Pathologies of "Common Sense". Philosophy of the Social Sciences 26 (1):77-91.score: 90.0
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  48. Reed Richter (1984). Rationality Revisited. Australasian Journal of Philosophy 62 (4):392 – 403.score: 90.0
    This paper looks at a dispute decision theory about how best to characterize expected utility maximization and express the logic of rational choice. Where A1, … , An are actions open to some particular agent, and S1, … , Sn are mutually exclusive states of the world such that the agent knows at least one of which obtains, does the logic of rational choice require an agent to consider the conditional probability of choice Ai (...)
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  49. Michael Taylor (1996). Good Government: On Hierarchy, Social Capital, and the Limitations of Rational Choice Theory. Journal of Political Philosophy 4 (1):1–28.score: 90.0
  50. Franz Dietrich & Christian List (2011). A Model of Non-Informational Preference Change. Journal of Theoretical Politics 23 (2):145-164.score: 90.0
    According to standard rational choice theory, as commonly used in political science and economics, an agent's fundamental preferences are exogenously fixed, and any preference change over decision options is due to Bayesian information learning. Although elegant and parsimonious, such a model fails to account for preference change driven by experiences or psychological changes distinct from information learning. We develop a model of non-informational preference change. Alternatives are modelled as points in some multidimensional space, only some of whose (...)
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