Microeconomics, Norms, and Rationality
نویسندگان
چکیده
منابع مشابه
Epistemic Norms and Rationality
Rationality is often said to be a normative concept: to be rational is not a descriptive feature of an individual or a system, but a normative one, since rationality pertains to what one ought to, or should, do, think or feel. But what is it in turn for an individual or system to ought to do, think, or feel something? I propose to start from this problem and try to see in what sense the notion ...
متن کاملTitle External Norms and Rationality of Choice
Ever since Sen (1993) 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 ra...
متن کاملExternal Norms and Rationality of Choice
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 tradition...
متن کاملRationality, external norms, and the epistemic value of menus
Ever since Sen’s (1993; 1997) criticism on the notion of internal consistency or menu independence of choice, there exists a widespread perception that the standard revealed preference approach to the theory of rational choice has difficulties in coping with the existence of external norms, or the information a menu of choice might convey to a decision-maker, viz., the epistemic value of a menu...
متن کاملJurisprudence and Rationality
There are different concepts of rationality: specific rationality, normative rationality and instrumental rationality whose limitation covers the holistic rationality and represents the fate of rationality in the West. Thus following Hume reason became the slave of feelings and lost its authority for choosing the goal. In Islamic culture reason with its undeniable background in Shariah enjoy...
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ژورنال
عنوان ژورنال: Economic Development and Cultural Change
سال: 1984
ISSN: 0013-0079,1539-2988
DOI: 10.1086/451421