Journal of Economic Methodology 23 (1):1-25 (2016)

Authors
Robert Sugden
University of East Anglia
Abstract
Neoclassical economics assumes that individuals have stable and context-independent preferences, and uses preference satisfaction as a normative criterion. By calling this assumption into question, behavioural findings cause fundamental problems for normative economics. A common response to these problems is to treat deviations from conventional rational choice theory as mistakes, and to try to reconstruct the preferences that individuals would have acted on, had they reasoned correctly. We argue that this preference purification approach implicitly uses a dualistic model of the human being, in which an inner rational agent is trapped in an outer psychological shell. This model is psychologically and philosophically problematic
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DOI 10.1080/1350178X.2015.1070527
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References found in this work BETA

"Utility".John Broome - 1991 - Economics and Philosophy 7 (1):1-12.

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