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  1. added 2018-09-16
    Reason and Pareto‐Optimization.Katharine Browne - 2017 - Southern Journal of Philosophy 55 (2):196-213.
    This paper takes up David Gauthier's most recent defense of the rationality of cooperation in prisoner's dilemmas. In that defense, Gauthier argues for a Pareto-optimizing theory of rational choice. According to Gauthier, rational action should sometimes aim at Pareto-optimization, and cooperation in prisoner's dilemmas is rational because it is Pareto-optimizing. I argue that Pareto-optimization cannot justify cooperation in the prisoner's dilemma in a manner that is also consistent with Gauthier's other desiderata. Either: the rationality of cooperation must derive from what (...)
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  2. added 2018-09-13
    A Proof-Theoretical View of Collective Rationality.Daniele Porello - 2013 - In Proceedings of the 23rd International Joint Conference of Artificial Intelligence (IJCAI 2013).
    The impossibility results in judgement aggregation show a clash between fair aggregation procedures and rational collective outcomes. In this paper, we are interested in analysing the notion of rational outcome by proposing a proof-theoretical understanding of collective rationality. In particular, we use the analysis of proofs and inferences provided by linear logic in order to define a fine-grained notion of group reasoning that allows for studying collective rationality with respect to a number of logics. We analyse the well-known paradoxes in (...)
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  3. added 2018-09-13
    Ranking Judgments in Arrow’s Setting.Daniele Porello - 2010 - Synthese 173 (2):199-210.
    In this paper, I investigate the relationship between preference and judgment aggregation, using the notion of ranking judgment introduced in List and Pettit. Ranking judgments were introduced in order to state the logical connections between the impossibility theorem of aggregating sets of judgments and Arrow’s theorem. I present a proof of the theorem concerning ranking judgments as a corollary of Arrow’s theorem, extending the translation between preferences and judgments defined in List and Pettit to the conditions on the aggregation procedure.
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  4. added 2018-08-02
    Rethinking Nudge: Not One But Three Concepts.Philippe Mongin & Mikael Cozic - 2018 - Behavioural Public Policy 2:107-124.
    Nudge is a concept of policy intervention that originates in Thaler and Sunstein's (2008) popular eponymous book. Following their own hints, we distinguish three properties of nudge interventions: they redirect individual choices by only slightly altering choice conditions (here nudge 1), they use rationality failures instrumentally (here nudge 2), and they alleviate the unfavourable effects of these failures (here nudge 3). We explore each property in semantic detail and show that no entailment relation holds between them. This calls into question (...)
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  5. added 2018-03-21
    An Ancient Paradox Applied to the Difference Principle (with the Help of Cryptocurrencies).Terence Rajivan Edward - manuscript
    John Rawls’s difference principle says that we should change our economy if doing so is better for the worst-off group, on the condition that certain basic rights are secured. This paper presents a kind of case that challenges the principle. If we modify the principle to cope with the challenge, we open the way to a Sorites paradox.
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  6. added 2018-03-08
    Popper, Rationality and the Possibility of Social Science.Danny Frederick - 2013 - Theoria : An International Journal for Theory, History and Fundations of Science 28 (1):61-75.
    Social science employs teleological explanations which depend upon the rationality principle, according to which people exhibit instrumental rationality. Popper points out that people also exhibit critical rationality, the tendency to stand back from, and to question or criticise, their views. I explain how our critical rationality impugns the explanatory value of the rationality principle and thereby threatens the very possibility of social science. I discuss the relationship between instrumental and critical rationality and show how we can reconcile our critical rationality (...)
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  7. added 2017-11-07
    The Consistency and Ecological Rationality Approaches to Normative Bounded Rationality.Nathan Berg - 2014 - Journal of Economic Methodology 21 (4):375-395.
    This paper focuses on tacit versus explicit uses of plural performance metrics as a primary methodological characteristic. This characteristic usefully distinguishes two schools of normative analysis and their approaches to normative interpretations of bounded rationality. Both schools of thought make normative claims about bounded rationality by comparing the performance of decision procedures using more than one performance metric. The consistency school makes tacit reference to performance metrics outside its primary axiomatic framework, but lexicographically promotes internal axiomatic consistency as the primary, (...)
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  8. added 2017-07-04
    Openness to Argument: A Philosophical Examination of Marxism and Freudianism.Ray Scott Percival - 1992 - Dissertation, London School of Economics
    No evangelistic erroneous network of ideas can guarantee the satisfaction of these two demands : (1) propagate the network without revision and (2) completely insulate itself against losses in credibility and adherents through criticism. If a network of ideas is false, or inconsistent or fails to solve its intended problem, or unfeasible, or is too costly in terms of necessarily forsaken goals, its acceptability may be undermined given only true assumptions and valid arguments. People prefer to adopt ideologies that (i) (...)
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  9. added 2017-02-15
    The Foundations of Economic Complexity in Behavioral Rationality and Heterogeneous Expectations.J. Barkley Rosser - 2014 - Journal of Economic Methodology 21 (3):308-312.
  10. added 2017-02-15
    Special Issue on “Bounded Rationality Updated”.Marco Novarese & Riccardo Viale - 2014 - Mind and Society 13 (1):1-2.
    From April 8th to 10th 2013, the Herbert Simon Society held its first General Conference in New York. About fifty researchers from different countries and working in different areas attended the event. The conference focused on three topics which were identified as particularly relevant in the development of Simonian thought: duality of mind, creativity and alternative theories to rational expectations. A first Herbert Simon Honorary Lecture by Gerd Gigerenzer opened the conference. Gerg Gigerenzer was later elected as Chairman of the (...)
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  11. added 2017-02-15
    Rethinking Rational Expectations in Complex Economic Systems: Cars Hommes' Resurrection of Poincaré's View.Alan Kirman - 2014 - Journal of Economic Methodology 21 (3):313-316.
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  12. added 2017-02-14
    Review of the Book Modeling Bounded Rationality, A. Rubinstein, 2000. [REVIEW]E. E. C. van Damme - 2000 - Journal of Economic Methodology 7 (1):141-146.
  13. added 2017-02-13
    Rationality and Explanation in Economics, Maurice Lagueux. Abingdon, Routledge, 2010.Neil Martin - 2011 - Revue de Philosophie Économique 12 (2):97.
  14. added 2017-02-13
    Rational After All: Toward an Improved Theory of Rationality in Economics.Yulie Foka-Kavalieraki & Aristides N. Hatzis - 2011 - Revue de Philosophie Économique 12 (1):3.
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  15. added 2017-02-13
    Expectations.A. L. Geers & J. A. Wellman - 2009 - In David Sander & Klaus R. Scherer (eds.), The Oxford Companion to Emotion and the Affective Sciences. Oxford University Press. pp. 164--165.
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  16. added 2017-02-13
    Economic Rationality and the System of Values (the Model of Homo-Economicus and Re-Definition of Rationality).D. Smrekova - 1998 - Filozofia 53 (5):286-298.
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  17. added 2017-02-08
    The Leadership of Principals and Science Heads in Schools with a Christian Philosophy: Expectations and Realities.Stuart J. Quarmby - unknown
    Prospective Science Heads and prospective Heads of School all have expectations for the nature of the role that they apply for. This research provides prospective Heads of School and prospective Science Heads in schools based on a Christian philosophy with a pool of information on how the realities in these leadership positions differ from the expectations held by other prospective applicants, the expectations of governance (the employers) and the past expectations of incumbents.
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  18. added 2017-02-07
    Who is Rational Economic Man?Jennifer Roback Morse - 1997 - Social Philosophy and Policy 14 (1):179.
    There is, in Sarajevo, a man who comes out into the streets each day and plays his cello on the sidewalk. He does this at the same time each day, no matter how much shooting or shelling is going on, no matter how great the danger to himself. He describes himself as having decided to take a stand for beauty in the face of horror. Can the rational choice paradigm, as currently practiced in the various disciplines of economics, philosophy, political (...)
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  19. added 2017-02-03
    The Rationality of Beliefs at the Frontier of Social Science: Comments on Boudon's Paper.Siegwart Lindenberg - 1993 - International Studies in the Philosophy of Science 7 (1):51 – 53.
    (1993). The rationality of beliefs at the frontier of social science: Comments on Boudon's paper. International Studies in the Philosophy of Science: Vol. 7, No. 1, pp. 51-53.
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  20. added 2017-02-03
    Perfect and Workable Rationality: A Comment on Raymond Boudon's Paper.Hartmut Kliemt - 1993 - International Studies in the Philosophy of Science 7 (1):41 – 43.
    (1993). Perfect and workable rationality: A comment on Raymond Boudon's paper. International Studies in the Philosophy of Science: Vol. 7, No. 1, pp. 41-43.
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  21. added 2017-02-02
    On Simulating Simon : His Monomania, and its Sources in Bounded Rationality.H. Simon - 2001 - Studies in History and Philosophy of Science Part A 32 (3):501-505.
  22. added 2017-01-31
    Politics, Economics and Rationality.E. A. Brett - 1969 - Social Science Information 8 (2):49-67.
  23. added 2017-01-28
    The Evolving Rationality of Rational Expectations: An Assessment of Thomas Sargent's Achievements.Raphael Sassower - 2004 - Philosophy of the Social Sciences 34 (3):436.
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  24. added 2017-01-27
    Psychological Versus Economic Models of Bounded Rationality.Don Ross - 2014 - Journal of Economic Methodology 21 (4):411-427.
    That the rationality of individual people is ‘bounded’ – that is, finite in scope and representational reach, and constrained by the opportunity cost of time – cannot reasonably be controversial as an empirical matter. In this context, the paper addresses the question as to why, if economics is an empirical science, economists introduce bounds on the rationality of agents in their models only grudgingly and partially. The answer defended in the paper is that most economists are interested primarily in markets (...)
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  25. added 2017-01-27
    Rationality in Economics: A General Framework.Aldo Montesano - 1999 - ProtoSociology 12.
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  26. added 2017-01-27
    Towards Bounded Rationality Within Rational Expectations: Some Comments From an Economic Point of View.Lutz Beinsen & Ulrike Leopold-Wildburger - 1998 - Vienna Circle Institute Yearbook 5:141-152.
    Rationality has been a principle widely assumed in economics from early on. In contrast, rationality in the formation of economic expectations is rather new. Since the term “rational expectations” has meanwhile become a kind of slogan for diverse issues in economics as in related fields, there is some danger of authors’ not always being aware of the true meaning of this technical term. Sometimes it is used, in a context where expectation formation about uncertain events is essential, as if rational (...)
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  27. added 2017-01-27
    Rationality in Economics and Scientific Predictions: A Critical Reconstruction of Bounded Rationality and its Role in Economic Predictions.Wenceslao J. González - 1997 - Poznan Studies in the Philosophy of the Sciences and the Humanities 61:205-232.
  28. added 2017-01-26
    Types of Rationality and Economic Action.Wllhelm Vossenkuhl & I. Individualism - 1985 - In Peter Koslowski (ed.), Economics and Philosophy. J.C.B. Mohr. pp. 126.
  29. added 2017-01-24
    Concepts of Rationality in Economics.C. Tisdell - 1975 - Philosophy of the Social Sciences 5 (3):259-272.
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  30. added 2017-01-23
    Présentation de Rationality and Explanation in Economics.Maurice Lagueux - 2012 - Dialogue 51 (3):487-490.
  31. added 2017-01-22
    Economics and Rationality.Brendan Larvor - 1996 - Philosophy Now 15:13-16.
  32. added 2017-01-22
    Review: Economic Rationality and Morality. [REVIEW]Alan Nelson - 1988 - Philosophy and Public Affairs 17 (2):149 - 166.
  33. added 2017-01-19
    What is Rationality? Selected Conceptions From Social Theory.Milan Zafirovski - 2003 - Social Epistemology 17 (1):13 – 44.
    The paper surveys selected alternative conceptions of rationality in contemporary and (especially) traditional economics and sociology. While the status of rationality as one of the master concepts, subjects and objectives of social science and philosophy has been further promoted in contemporary economics and sociology, questions often arise among economists and sociologists themselves as to its meaning or definition. As an attempt to help address this issue, the paper selects and examines a (limited) number of pertinent definitions and conceptions of rationality (...)
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  34. added 2017-01-18
    Rationality and Predictability in Economics.Cristina Bicchieri - 1987 - British Journal for the Philosophy of Science 38 (4):501-513.
  35. added 2017-01-17
    The Evolving Rationality of Rational Expectations: An Assessment of Thomas Sargent's Achievements.Esther-Mirjam Sent - 1998 - Cambridge University Press.
    Inspired by recent developments in science studies, this book offers an innovative type of analysis of the recent history of rational expectations economics. In the course of exploring the multiple dimensions of rational expectations analysis, Professor Sent focuses on the work of Thomas Sargent, an instrumental pioneer in the development of this school of thought. The investigation attempts to avoid a Whiggish history that sees Sargent's development as inevitably progressing to better and better economic analysis. Instead, it provides an illustration (...)
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  36. added 2017-01-17
    Individual Forecasting and Aggregate Outcomes: 'Rational Expectations' Examined.Roman Frydman & Edmund S. Phelps (eds.) - 1986 - Cambridge University Press.
    Growing out of a conference on Expectations Formation and Economic Disequilibrium held in New York City in 1981, the papers in this volume provide a complex view of market processes in which individual rationality is no guarantee of convergence to the 'correct' model and the equilibrium coordination of agents' plans. They reject the 'optimality' argument for the rational expectations hypothesis, opening the door to other hypotheses of optimal expectations of agents in the decentralized market economy.
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  37. added 2017-01-08
    In Search of Lost Nudges.Guilhem Lecouteux - 2015 - Review of Philosophy and Psychology 6 (3):397-408.
    This paper discusses the validity of nudges to tackle time-inconsistent behaviours. I show that libertarian paternalism is grounded on a peculiar model of personal identity, and that the argument according to which nudges may improve one’s self-assessed well-being can be seriously questioned. I show that time inconsistencies do not necessarily reveal that the decision maker is irrational: they can also be the result of discounting over the degree of psychological connectedness between our successive selves rather than over time. Time inconsistency (...)
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  38. added 2016-12-08
    Beyond Homo Economicus: New Developments in Theories of Social Norms.Elizabeth Anderson - 2000 - Philosophy and Public Affairs 29 (2):170-200.
  39. added 2016-07-12
    Decision-Theoretic Approaches to Non-Knowledge in Economics.Ekaterina Svetlova & Henk van Elst - 2015 - In Gross Matthias & McGoey Linsy (eds.), Routledge International Handbook of Ignorance Studies. Routledge. pp. 349-360.
    The aim of this contribution is to provide an overview of conceptual approaches to incorporating a decision maker’s non-knowledge into economic theory. We will focus here on the particular kind of non-knowledge which we consider to be one of the most important for economic discussions: non-knowledge of possible consequence-relevant uncertain events which a decision maker would have to take into account when selecting between different strategies.
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  40. added 2016-05-16
    Umweltmanagement und Rationalität. Der Schatten von VW: Betrieblicher Umweltschutz auf dem Prüfstand.Kay Herrmann - 2017 - WiSt 4 (2017):47-49.
    Economic pressures, mounting environmental, security and health requirements, are all critical factors that shape economic action. With regard to environmental protection, an economic entity acting as homo oeconomicus finds himself in a situation resembling a prisoner’s dilemma. Signposts for a possible resolution of this dilemma include an environmental management system, a system of environmental law based on the principles of environmental ethics, and a new conception of human nature.
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  41. added 2016-03-17
    The Morality of Economic Behaviour.Vangelis Chiotis - 2015 - Journal of Global Ethics 11 (2):188-204.
    One approach to moral economy wishes to show that it is rational to be moral. As rational morality has received little attention from economics, as opposed to political philosophy, this article examines it in an economics framework. Rational morality refers primarily to individual behaviour so that one may also speak of it as moral microeconomics. When a group of agents are disposed to constrain their maximisation, that behaviour may be considered rational. However, this relies on ‘moralised’ assumptions about individual behaviour. (...)
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  42. added 2015-05-27
    Reason-Based Choice and Context-Dependence: An Explanatory Framework.Franz Dietrich & Christian List - 2016 - Economics and Philosophy 32 (2):175-229.
    We introduce a “reason-based” framework for explaining and predicting individual choices. It captures the idea that a decision-maker focuses on some but not all properties of the options and chooses an option whose motivationally salient properties he/she most prefers. Reason-based explanations allow us to distinguish between two kinds of context-dependent choice: the motivationally salient properties may (i) vary across choice contexts, and (ii) include not only “intrinsic” properties of the options, but also “context-related” properties. Our framework can accommodate boundedly rational (...)
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  43. added 2015-04-05
    Review of Alan Kirman’s Complex Economics: Individual and Collective Rationality. [REVIEW]Stefan Mendritzki - 2011 - Erasmus Journal for Philosophy and Economics 4 (2):67-73.
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  44. added 2015-03-29
    Rationality, Allocation, and Reproduction.Vivian Walsh - 1996
    When the term `rational' is used in formal economic theory, a strict definition is implicit. This strict definition cannot accommodate the complexities of our everyday ideas of what is rational. The concept of rationality that is embedded in our language is not a morally neutral one. It has always been believed possible to argue rationally about the worthiness of goals, the legitimacy of claim to rights, the existence of obligations or duties. Outside the discussions of the social sciences, argument concerning (...)
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  45. added 2015-03-28
    Methodological Foundations for Bounded Rationality as a Primary Framework.Shabnam Modarres-Mousavi - 2002 - Dissertation, Virginia Polytechnic Institute and State University
    Experimental observations have shown that economic agents behave in ways different from the maximization of any utility function. Herbert Simon sought to deal with this by positing that individuals do not maximize, but rather "satisfice." This was a radical departure from the traditional economic framework, and one that still has not been adequately formalized. But Simon's suggestion is only the smallest part of what is needed for a theory that reflects the actual behavior. For instance, Simon's framework cannot deal with (...)
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  46. added 2015-03-24
    Economic Rationality.Paul Weirich - 2004 - In Alfred R. Mele & Piers Rawling (eds.), The Oxford Handbook of Rationality. Oup Usa.
    Weirich examines three competing views entertained by economic theory about the instrumental rationality of decisions: the first says to maximize self-interest, the second to maximize utility, and the third to satisfice, that is, to adopt a satisfactory option. Critics argue that the first view is too narrow, that the second overlooks the benefits of teamwork and planning, and that the third, when carefully formulated, reduces to the second. Weirich defends a refined version of the principle to maximize utility. A broad (...)
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  47. added 2015-03-23
    The Quest for Economic Rationality in the Soviet Bloc.Jan S. Prybyla - forthcoming - Social Research.
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  48. added 2015-03-23
    Is It Rational to Have Rational Expectations?Alan Kirman - 2014 - Mind and Society 13 (1):29-48.
    In economics in situations where there is uncertainty one has to attribute some attitude to handling this uncertainty to individuals. The original idea was to assume that “people do not make systematic mistakes” for which Muth coined the term “rational expectations”. This was replaced by a much more formal vision which suggested that people fully understand how the economy evolves. In this paper I will argue that the foundations of the “rational expectations” hypothesis which has underpinned most recent modern macroeconomic (...)
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  49. added 2015-03-23
    The Economics of Rationality and the Rationality of Economics.Ralph A. Rector - 1990 - In Don Lavoie (ed.), Economics and Hermeneutics. Routledge. pp. 195--235.
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  50. added 2015-03-23
    Rationality and the Principle of Rationality in Economics.F. Vandamlve - 1974 - Philosophica 14 (2):15-27.
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