Rationality, Individualism, and Public Policy PDF Download

Author: Geoffrey Brennan
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 282

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Book Description

Author: Alistair Munro
Publisher: Springer Science & Business Media
ISBN: 1402094736
Category : Business & Economics
Languages : en
Pages : 330

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Book Description
This book is about bounded rationality and public policy. It is written from the p- spective of someone trained in public economics who has encountered the enormous literature on experiments in decision-making and wonders what implications it has for the normative aspects of public policy. Though there are a few new results or models, to a large degree the book is synthetic in tone, bringing together disparate literatures and seeking some accommodation between them. It has had a long genesis. It began with a draft of a few chapters in 2000, but has expanded in scope and size as the literature on behavioural economics has grown. At some point I realised that the geometric growth of behavioural - search and the arithmetic growth of my writing were inconsistent with an am- tion to be exhaustive. As such therefore I have concentrated on particular areas of behavioural economics and bounded rationality. The resulting book is laid out as follows: Chapter 1 provides an overview of the rest of the book, goes through some basic de?nitions and identi?es themes.

Author: Ani Matei
Publisher: GRIN Verlag
ISBN: 3656141207
Category : Political Science
Languages : en
Pages : 219

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Book Description
Research Paper (postgraduate) from the year 2012 in the subject Politics - Political Theory and the History of Ideas Journal, , language: English, abstract: Nowadays, public policies represent the most adequate instrument of action in view to achieve the public interest, no matter we talk about European, national or local level. The rational approach of public policies, representing the topic of the current publication, is or should be a steady feature of public policy making and implementing. We find the origins of this approach both in key papers of political and administrative sciences, as well as in those concerning the theory of rational choice. In the current book, a direct, causal relationship is established between public administration, public policies and the theory of rational choice. The context of that relationship holds a great structural and functional complexity, demonstrating that the juxtaposition of the three mentioned fields is not enough. The mechanisms for their connection highlight links of various, non-linear intensities, in view of a finality which should be related every time to the public interest. The public interest is also defined further a process of public choice, more or less a rational one. It is quantified in terms of efficiency and effectiveness, thus supporting the need to introduce the cost-benefit or cost-effectiveness analyses as instruments for assessing the impact of public policies in our research. The book is structured in five chapters, attempting to analyse, in an integrating vision, a joint, interdisciplinary issue, which is boosted by public policies process on public administration in the context of incorporating the theory of rational choice. The first three chapters have a theoretical character, generally a descriptive one, the fourth and fifth chapters aim to identify the influences or “prints” of the theory of rational choice on public policy making at European and national level. The publication represents the outcome of researches achieved by authors in the framework of the Doctoral School in Administrative Sciences of the Faculty of Public Administration, National School of Political Studies and Public Administration, Bucharest.

Author: Tibor R. Machan
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 210

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Book Description
The purely economic view of individualism, homo economicus, cannot provide a basis for understanding human reality. Machan mounts a robust argument for a conception of the individual that recognizes the values of the free market and civil liberties but avoids licensing the unbridled pursuit of self-interest.

Author: Alan Kirman
Publisher: Routledge
ISBN: 1136941673
Category : Business & Economics
Languages : en
Pages : 366

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Book Description
The economic crisis is also a crisis for economic theory. Most analyses of the evolution of the crisis invoke three themes, contagion, networks and trust, yet none of these play a major role in standard macroeconomic models. What is needed is a theory in which these aspects are central. The direct interaction between individuals, firms and banks does not simply produce imperfections in the functioning of the economy but is the very basis of the functioning of a modern economy. This book suggests a way of analysing the economy which takes this point of view. The economy should be considered as a complex adaptive system in which the agents constantly react to, influence and are influenced by, the other individuals in the economy. In such systems which are familiar from statistical physics and biology for example, the behaviour of the aggregate cannot be deduced from the behaviour of the average, or "representative" individual. Just as the organised activity of an ants’ nest cannot be understood from the behaviour of a "representative ant" so macroeconomic phenomena should not be assimilated to those associated with the "representative agent". This book provides examples where this can clearly be seen. The examples range from Schelling’s model of segregation, to contributions to public goods, the evolution of buyer seller relations in fish markets, to financial models based on the foraging behaviour of ants. The message of the book is that coordination rather than efficiency is the central problem in economics. How do the myriads of individual choices and decisions come to be coordinated? How does the economy or a market, "self organise" and how does this sometimes result in major upheavals, or to use the phrase from physics, "phase transitions"? The sort of system described in this book is not in equilibrium in the standard sense, it is constantly changing and moving from state to state and its very structure is always being modified. The economy is not a ship sailing on a well-defined trajectory which occasionally gets knocked off course. It is more like the slime described in the book "emergence", constantly reorganising itself so as to slide collectively in directions which are neither understood nor necessarily desired by its components.

Author: Michael Peters
Publisher: Routledge
ISBN: 1135717931
Category : Education
Languages : en
Pages : 272

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Book Description
Examining, in the widest sense, the changes in political philosophy that have occurred in Western capitalist states since the early 1980s, this book focuses on the introduction of neo-liberal principles in the combined area of social and education policy. New Zealand presents a paradigm example of the neo-liberal shift in political philosophy. From constituting the social laboratory of the Western world in the 1930s in terms of social welfare provision, New Zealand has become the neo-liberal experiment of the fully marketised society in the 1990s. Against the theoretical background of educational theory and practice, this book examines neo-liberalism and its critiques as responses to the so-called crisis of the welfare state and argues for a reformulated critical social policy in the postmodern condition. The conclusions about social policy drawn by the authors can be generalized to similar situations in other Western capitalist countries.

Author: Roland M Czada
Publisher: Routledge
ISBN: 1000307166
Category : Political Science
Languages : en
Pages : 227

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Book Description
This book, subtitled "political actors in institutional settings", addresses the main lines of reasoning of the new political institutionalism and rational choice theory. It discusses the question: Which particular rules, logics, or strategies of action can be found in the realm of politics?

Author: Michael Beitler
Publisher: Practitioner PressIntl
ISBN: 9780972606431
Category : Political Science
Languages : en
Pages : 128

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Book Description
Handbook for Libertarian Political History and theory.

Author: Margaret Scotford Archer
Publisher: Psychology Press
ISBN: 9780415242714
Category : Social Science
Languages : en
Pages : 280

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Book Description
The fascinating title focuses on the four assumptions which are the bedrock of rational choice; rationality, individualism, process and aggregation and draws on a wide range of social issues such as race, marriage, health + education.

Author: Peter Róna
Publisher:
ISBN: 9783030526740
Category : Economic history
Languages : en
Pages :

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Book Description
This open access book examines from a variety of perspectives the disappearance of moral content and ethical judgment from the models employed in the formulation of modern economic theory, and some of the papers contain important proposals about how moral judgment could be reintroduced in economic theory. The chapters collected in this volume result from the favorable reception of the first volume of the Virtues in Economics series and represent further contributions to the themes set out in that volume: (i) examining the philosophical and methodological fallacies of this turn in modern economic theory that the removal of the moral motivation of economic agents from modern economic theory has entailed; and (ii) proposing a return descriptive economics as the means with which the moral content of economic life could be restored in economic theory. This book is of interest to researchers and students of the methodology of economics, ethics, philosophers concerned with agency and economists who build economic models that rest in the intention of the agent.--