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The Limits of Rationality

The Limits of Rationality PDF Author: Karen Schweers Cook
Publisher: University of Chicago Press
ISBN: 0226742415
Category : Political Science
Languages : en
Pages : 436

Book Description
Prevailing economic theory presumes that agents act rationally when they make decisions, striving to maximize the efficient use of their resources. Psychology has repeatedly challenged the rational choice paradigm with persuasive evidence that people do not always make the optimal choice. Yet the paradigm has proven so successful a predictor that its use continues to flourish, fueled by debate across the social sciences over why it works so well. Intended to introduce novices to rational choice theory, this accessible, interdisciplinary book collects writings by leading researchers. The Limits of Rationality illuminates the rational choice paradigm of social and political behavior itself, identifies its limitations, clarifies the nature of current controversies, and offers suggestions for improving current models. In the first section of the book, contributors consider the theoretical foundations of rational choice. Models of rational choice play an important role in providing a standard of human action and the bases for constitutional design, but do they also succeed as explanatory models of behavior? Do empirical failures of these explanatory models constitute a telling condemnation of rational choice theory or do they open new avenues of investigation and theorizing? Emphasizing analyses of norms and institutions, the second and third sections of the book investigate areas in which rational choice theory might be extended in order to provide better models. The contributors evaluate the adequacy of analyses based on neoclassical economics, the potential contributions of game theory and cognitive science, and the consequences for the basic framework when unequal bargaining power and hierarchy are introduced.

The Limits of Rationality

The Limits of Rationality PDF Author: Karen Schweers Cook
Publisher: University of Chicago Press
ISBN: 0226742415
Category : Political Science
Languages : en
Pages : 436

Book Description
Prevailing economic theory presumes that agents act rationally when they make decisions, striving to maximize the efficient use of their resources. Psychology has repeatedly challenged the rational choice paradigm with persuasive evidence that people do not always make the optimal choice. Yet the paradigm has proven so successful a predictor that its use continues to flourish, fueled by debate across the social sciences over why it works so well. Intended to introduce novices to rational choice theory, this accessible, interdisciplinary book collects writings by leading researchers. The Limits of Rationality illuminates the rational choice paradigm of social and political behavior itself, identifies its limitations, clarifies the nature of current controversies, and offers suggestions for improving current models. In the first section of the book, contributors consider the theoretical foundations of rational choice. Models of rational choice play an important role in providing a standard of human action and the bases for constitutional design, but do they also succeed as explanatory models of behavior? Do empirical failures of these explanatory models constitute a telling condemnation of rational choice theory or do they open new avenues of investigation and theorizing? Emphasizing analyses of norms and institutions, the second and third sections of the book investigate areas in which rational choice theory might be extended in order to provide better models. The contributors evaluate the adequacy of analyses based on neoclassical economics, the potential contributions of game theory and cognitive science, and the consequences for the basic framework when unequal bargaining power and hierarchy are introduced.

Rationality in Politics and its Limits

Rationality in Politics and its Limits PDF Author: Terry Nardin
Publisher: Routledge
ISBN: 1317376412
Category : Political Science
Languages : en
Pages : 307

Book Description
The word ‘rationality’ and its cognates, like ‘reason’, have multiple contexts and connotations. Rational calculation can be contrasted with rational interpretation. There is the rationality of proof and of persuasion, of tradition and of the criticism of tradition. Rationalism (and rationalists) can be reasonable or unreasonable. Reason is sometimes distinguished from revelation, superstition, convention, prejudice, emotion, and chance, but all of these also involve reasoning. In politics, three views of rationality – economic, moral, and historical – have been especially important, often defining approaches to politics and political theory such as utilitarianism and rational choice theory. These approaches privilege positive or natural law, responsibilities, or human rights, and emphasize the importance of culture and tradition, and therefore meaning and context. This book explores the understanding of rationality in politics and the relations between different approaches to rationality. Among the topics considered are the limits of rationality, the role of imagination and emotion in politics, the meaning of political realism, the nature of political judgment, and the relationship between theory and practice. This book was originally published as a special issue of Global Discourse.

Rationalism in Politics and Other Essays

Rationalism in Politics and Other Essays PDF Author: Michael Oakeshott
Publisher: Methuen Publishing
ISBN: 9780874718843
Category : Political science
Languages : en
Pages : 0

Book Description
"Rationalism in Politics, " first published in 1962, has established the late Michael Oakeshott as the leading conservative political theorist in modern Britain. This expanded collection of essays astutely points out the limits of "reason" in rationalist politics.Oakeshott criticizes ideological schemes to reform society according to supposedly "scientific" or rationalistic principles that ignore the wealth and variety of human experience. "Rationalism in politics," says Oakeshott, "involves a misconception with regard to the nature of human knowledge." History has shown that it produces unexpected, often disastrous results. "Having cut himself off from the traditional knowledge of his society, and denied the value of any education more extensive than a training in a technique of analysis," the Rationalist succeeds only in undermining the institutions that hold civilized society together. In this regard, rationalism in politics is "a corruption of the mind."Timothy Fuller is Professor of Political Science and Dean of the College at Colorado College.

Politics and the Architecture of Choice

Politics and the Architecture of Choice PDF Author: Bryan D. Jones
Publisher: University of Chicago Press
ISBN: 9780226406374
Category : Business & Economics
Languages : en
Pages : 256

Book Description
Politics and the Architecture of Choice draws on work in political science, economics, cognitive science, and psychology to offer an innovative theory of how people and organizations adapt to change and why these adaptations don't always work. Our decision-making capabilities, Jones argues, are both rational and adaptive. But because our rationality is bounded and our adaptability limited, our actions are not based simply on objective information from our environments. Instead, we overemphasize some factors and neglect others, and our inherited limitations—such as short-term memory capacity—all act to affect our judgment. Jones shows how we compensate for and replicate these limitations in groups by linking the behavioral foundations of human nature to the operation of large-scale organizations in modern society. Situating his argument within the current debate over the rational choice model of human behavior, Jones argues that we should begin with rationality as a standard and then study the uniquely human ways in which we deviate from it.

Rationality in Politics and its Limits

Rationality in Politics and its Limits PDF Author: Terry Nardin
Publisher: Routledge
ISBN: 1317376420
Category : Political Science
Languages : en
Pages : 169

Book Description
The word ‘rationality’ and its cognates, like ‘reason’, have multiple contexts and connotations. Rational calculation can be contrasted with rational interpretation. There is the rationality of proof and of persuasion, of tradition and of the criticism of tradition. Rationalism (and rationalists) can be reasonable or unreasonable. Reason is sometimes distinguished from revelation, superstition, convention, prejudice, emotion, and chance, but all of these also involve reasoning. In politics, three views of rationality – economic, moral, and historical – have been especially important, often defining approaches to politics and political theory such as utilitarianism and rational choice theory. These approaches privilege positive or natural law, responsibilities, or human rights, and emphasize the importance of culture and tradition, and therefore meaning and context. This book explores the understanding of rationality in politics and the relations between different approaches to rationality. Among the topics considered are the limits of rationality, the role of imagination and emotion in politics, the meaning of political realism, the nature of political judgment, and the relationship between theory and practice. This book was originally published as a special issue of Global Discourse.

Beyond Rationality

Beyond Rationality PDF Author: Alex Mintz
Publisher: Cambridge University Press
ISBN: 1009034197
Category : Political Science
Languages : en
Pages : 297

Book Description
How and why do people make political decisions? This book is the first to present a unified framework of the Behavioral Political Science paradigm. – BPS presents a range of psychological approaches to understanding political decision-making. The integration of these approaches with Rational Choice Theory provides students with a comprehensible paradigm for understanding current political events around the world. Presented in nontechnical language and enlivened with a wealth of real-world examples, this is an ideal core text for a one-semester courses in political science, American government, political psychology, or political behavior. It can also supplement a course in international relations or public policy.

Rationality and Power

Rationality and Power PDF Author: Bent Flyvbjerg
Publisher: University of Chicago Press
ISBN: 9780226254494
Category : Philosophy
Languages : en
Pages : 308

Book Description
In the Enlightenment tradition, rationality is considered well-defined. However, the author of this study argues that rationality is context-dependent, and that the crucial context is determined by decision-makers' political power. He uses a real-world Danish project to illustrate this theory.

Enemy in the Mirror

Enemy in the Mirror PDF Author: Roxanne L. Euben
Publisher: Princeton University Press
ISBN: 1400823234
Category : History
Languages : en
Pages : 256

Book Description
A firm grasp of Islamic fundamentalism has often eluded Western political observers, many of whom view it in relation to social and economic upheaval or explain it away as an irrational reaction to modernity. Here Roxanne Euben makes new sense of this belief system by revealing it as a critique of and rebuttal to rationalist discourse and post-Enlightenment political theories. Euben draws on political, postmodernist, and critical theory, as well as Middle Eastern studies, Islamic thought, comparative politics, and anthropology, to situate Islamic fundamentalist thought within a transcultural theoretical context. In so doing, she illuminates an unexplored dimension of the Islamist movement and holds a mirror up to anxieties within contemporary Western political thought about the nature and limits of modern rationalism--anxieties common to Christian fundamentalists, postmodernists, conservatives, and communitarians. A comparison between Islamic fundamentalism and various Western critiques of rationalism yields formerly uncharted connections between Western and Islamic political thought, allowing the author to reclaim an understanding of political theory as inherently comparative. Her arguments bear on broad questions about the methods Westerners employ to understand movements and ideas that presuppose nonrational, transcendent truths. Euben finds that first, political theory can play a crucial role in understanding concrete political phenomena often considered beyond its jurisdiction; second, the study of such phenomena tests the scope of Western rationalist categories; and finally, that Western political theory can be enriched by exploring non-Western perspectives on fundamental debates about coexistence.

Normal Rationality

Normal Rationality PDF Author: Edna Ullmann-Margalit
Publisher: Oxford University Press
ISBN: 0198802439
Category : Business & Economics
Languages : en
Pages : 310

Book Description
Normal Rationality is a selection of the most important work of Edna Ullmann-Margalit, presenting some influential and widely admired essays alongside some that are not well known. She was an unorthodox and deeply original philosopher whose work illuminated the largest mysteries of human life. Much of her writing focuses on two fundamental questions. (1) How do people proceed when they cannot act on the basis of reasons, or project likely consequences? (2) How is social order possible? Ullmann-Margalit's answers, emphasizing what might be called biased rationality, are important not only for philosophy, but also for political science, psychology, sociology, cognitive science, economics (including behavioral economics), law, and even public policy. Ullmann-Margalit demonstrates that people have identifiable strategies for making difficult decisions, whether the question is small (what to buy at a supermarket) or big (whether to transform one's life in some large-scale way). She also shows that social dilemmas are solved by norms; that invisible-hand explanations take two identifiable (and dramatically different) forms; that trust can emerge in seemingly unpromising situations; and that considerateness is the foundation on which our relationships are organized in both the thin context of the public space and the intimate context of the family. One of the distinguishing features of Ullmann-Margalit's work is its close attention to the details of human experience, and its use of those details to offer fresh understandings of social phenomena. Her essays cast new light on a diverse assortment of problems in philosophy, social science, and individual lives.

Solomonic Judgements

Solomonic Judgements PDF Author: Jon Elster
Publisher: Cambridge University Press
ISBN: 9780521376082
Category : Education
Languages : en
Pages : 248

Book Description
A collection of essays on rationality - its scope, its limitations and its failures.