External norms and rationality of choice

Economics and Philosophy 25 (2):139-152 (2009)
Abstract
Ever since Sen criticized the notion of internal consistency of choice, there exists a widespread perception that the standard rationalizability approach to the theory of choice has difficulties in coping with the existence of external norms. We introduce a concept of norm-conditional rationalizability and show that external norms can be made compatible with the methods underlying the traditional rationalizability approach. To do so, we characterize norm-conditional rationalizability by means of suitable modifications of revealed preference axioms that are well established in the theory of rational choice on general domains as analysed in contributions by Richter and Hansson, for example. We compare our approach to alternative suggestions that have appeared in response to Sen's criticisms, and we discuss its links to Sen's notion of self-imposed choice constraints
Keywords No keywords specified (fix it)
Categories (categorize this paper)
DOI 10.1017/S0266267109990010
Options
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history
Request removal from index
Download options
Our Archive


Upload a copy of this paper     Check publisher's policy     Papers currently archived: 26,178
Through your library
References found in this work BETA
Social Choice and Individual Values.Kenneth J. Arrow - 1952 - Science and Society 16 (2):181-181.
Foundations of Economic Analysis.Paul Anthony Samuelson - 1948 - Science and Society 13 (1):93-95.

Add more references

Citations of this work BETA

Add more citations

Similar books and articles

Monthly downloads

Added to index

2009-07-09

Total downloads

48 ( #105,969 of 2,153,553 )

Recent downloads (6 months)

2 ( #279,963 of 2,153,553 )

How can I increase my downloads?

My notes
Sign in to use this feature


Discussion
Order:
There  are no threads in this forum
Nothing in this forum yet.

Other forums