Rationality And Irrationality In Economics

Author : Maurice Godelier
Publisher : Verso Books
Page : 368 pages
File Size : 54,6 Mb
Release : 2014-08-26
Category : Social Science
ISBN : 9781781680377

Get Book

Rationality and Irrationality in Economics by Maurice Godelier Pdf

This book is the result of a research project begun by the author in 1958 with the aim of answering two questions: First, what is the rationality of the economic systems that appear and disappear throughout history—in other words, what is their hidden logic and the underlying necessity for them to exist, or to have existed? Second, what are the conditions for a rational understanding of these systems—in other words, for a fully developed comparative economic science? The field of investigation opened up by these two questions is vast, touching on the foundations of social reality and on how to understand them. The author, being a Marxist, sought the answers, as he writes, ‘not in philosophy or by philosophical means, but in and through examining the knowledge accumulated by the sciences.’ The stages of his journey from philosophy to economics and then to anthropology are indicated by the divisions of his book. Godelier rejects, at the outset, any attempt to tackle the question of rationality or irrationality of economic science and of economic realities from the angle of an a priori idea, a speculative definition of what is rational. Such an approach can yield only, he feels, an ideological result. Rather, he treats the appearance and disappearance of social and economic systems in history as being governed by a necessity ‘wholly internal to the concrete structures of social life.

Author : Maurice Godelier (author)
Publisher : Unknown
Page : 326 pages
File Size : 50,6 Mb
Release : 2024-05-23
Category : Electronic
ISBN : OCLC:1331029846

Get Book

Rationality and irrationality in economics by Maurice Godelier (author) Pdf

Author : Ariel Rubinstein
Publisher : Open Book Publishers
Page : 266 pages
File Size : 54,9 Mb
Release : 2012
Category : Biography & Autobiography
ISBN : 9781906924775

Get Book

Economic Fables by Ariel Rubinstein Pdf

"I had the good fortune to grow up in a wonderful area of Jerusalem, surrounded by a diverse range of people: Rabbi Meizel, the communist Sala Marcel, my widowed Aunt Hannah, and the intellectual Yaacovson. As far as I'm concerned, the opinion of such people is just as authoritative for making social and economic decisions as the opinion of an expert using a model." Part memoir, part crash-course in economic theory, this deeply engaging book by one of the world's foremost economists looks at economic ideas through a personal lens. Together with an introduction to some of the central concepts in modern economic thought, Ariel Rubinstein offers some powerful and entertaining reflections on his childhood, family and career. In doing so, he challenges many of the central tenets of game theory, and sheds light on the role economics can play in society at large. Economic Fables is as thought-provoking for seasoned economists as it is enlightening for newcomers to the field.

Author : Francesco Parisi,Vernon L. Smith
Publisher : Stanford University Press
Page : 634 pages
File Size : 40,5 Mb
Release : 2005
Category : Business & Economics
ISBN : 0804751447

Get Book

The Law and Economics of Irrational Behavior by Francesco Parisi,Vernon L. Smith Pdf

This collection of essays explores the most relevant developments at the interface of economics and psychology, giving special attention to models of irrational behavior, and draws the relevant implications of such models for the design of legal rules and institutions. The application of economic models of irrational behavior to law is especially challenging because specific departures from rational behavior differ markedly from one another. Furthermore, the analytical and deductive instruments of economic theory have to be reshaped to deal with the fragmented and heterogeneous findings of psychological research, turning towards a more experimental and inductive methodology. This volume brings together pioneering scholars in this area, along with some of the most exciting developments in the field of legal and economic theory. Areas of application include criminal law and sentencing, tort law, contract law, corporate law, and financial markets.

Author : Bill J Gerrard
Publisher : Routledge
Page : 174 pages
File Size : 43,5 Mb
Release : 2006-04-10
Category : Business & Economics
ISBN : 9781134915293

Get Book

The Economics of Rationality by Bill J Gerrard Pdf

The concept of rationality is the heart of modern economics. Neo-classical theory seems unable to proceed without assuming a rational agent seeking to find the optimal means to a well defined end. Yet many find this uncritical treatment of rationality problematic. It takes little account of culture history or creativity and consequently many economists find this insistence on rationality of little use when trying to explain a wide range of economic phenomena. Increasingly these include a large number of game theorists and others involved in mainstream theory as well as those typically opposed to neo-classicism. The Economics of Rationality contains a number of critical perspectives on the treatment of rationality in economics.

Author : David K. Levine
Publisher : Open Book Publishers
Page : 154 pages
File Size : 46,6 Mb
Release : 2012
Category : Business & Economics
ISBN : 9781906924928

Get Book

Is Behavioral Economics Doomed? by David K. Levine Pdf

In this book, David K. Levine questions the idea that behavioral economics is the answer to economic problems. He explores the successes and failures of contemporary economics both inside and outside the laboratory, and asks whether popular behavioral theories of psychological biases are solutions to the failures. The book not only provides an overview of popular behavioral theories and their history, but also gives the reader the tools for scrutinizing them.

Author : Maurice Lagueux
Publisher : Routledge
Page : 296 pages
File Size : 54,8 Mb
Release : 2010-02-28
Category : Business & Economics
ISBN : 9781135150341

Get Book

Rationality and Explanation in Economics by Maurice Lagueux Pdf

Analyses the role of rationality in economics focusing on which conditions the rationality assumption makes valuable explanations possible and what kinds of explanation are then involved.

Author : Erwann Michel-Kerjan,Paul Slovic
Publisher : Hachette UK
Page : 336 pages
File Size : 47,6 Mb
Release : 2010-01-05
Category : Business & Economics
ISBN : 9780786746262

Get Book

The Irrational Economist by Erwann Michel-Kerjan,Paul Slovic Pdf

Of the twenty most costly catastrophes since 1970, more than half have occurred since 2001. Is this an omen of what the 21st century will be? How might we behave in this new, uncertain and more dangerous environment? Will our actions be rational or irrational? A select group of scholars, innovators, and Nobel Laureates was asked to address challenges to rational decision making both in our day-to-day life and in the face of catastrophic threats such as climate changes, natural disasters, technological hazards, and human malevolence. At the crossroads of decision sciences, behavioral and neuro-economics, psychology, management, insurance, and finance, their contributions aim to introduce readers to the latest thinking and discoveries. The Irrational Economist challenges the conventional wisdom about how to make the right decisions in the new era we have entered. It reveals a profound revolution in thinking as understood by some of the greatest minds in our day, and underscores the growing role and impact of economists and other social scientists as they guide our most important personal and societal decisions.

Author : Ken Dennis
Publisher : Springer Science & Business Media
Page : 153 pages
File Size : 40,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789401148627

Get Book

Rationality in Economics: Alternative Perspectives by Ken Dennis Pdf

Ideas linked to rational choice theory started to appear frequently in the economics literature in the 1960s and 1970s, but the attention given to rationality widened to include commentators presenting far-reaching appraisals and critiques. The literature grew to a steady flow and spanned diverse areas of thought including socialist and `rational-choice Marxist' assessments, and other approaches including institutional, sociological, psychological, ethical, choice-theoretical, strategic, and game-theoretical treatments of rationality. This diversity of literature led to the creation of this volume. What does rationality mean? Was there some common core of meaning that held all of these seemingly disparate developments together, or were there discernable schools of thought with peculiarities that set them clearly apart from one another? The essays in this volume illustrate that diversity, and despite the variety of approaches there remains a common core of meaning that accommodates not so much a radically different set of concepts of rationality as a highly variegated array of methods and approaches to this subject. Contributors address topics of their choice on the concept of rationality in economics, and the selection of these contributors is meant to represent a variety of backgrounds and approaches.

Author : Maurice Godelier
Publisher : Verso Books
Page : 414 pages
File Size : 53,9 Mb
Release : 2014-07-08
Category : Social Science
ISBN : 9781781689851

Get Book

Rationality and Irrationality in Economics by Maurice Godelier Pdf

This book is the result of a research project begun by the author in 1958 with the aim of answering two questions: First, what is the rationality of the economic systems that appear and disappear throughout history-in other words, what is their hidden logic and the underlying necessity for them to exist, or to have existed? Second, what are the conditions for a rational understanding of these systems-in other words, for a fully developed comparative economic science? The field of investigation opened up by these two questions is vast, touching on the foundations of social reality and on how to understand them. The author, being a Marxist, sought the answers, as he writes, 'not in philosophy or by philosophical means, but in and through examining the knowledge accumulated by the sciences.' The stages of his journey from philosophy to economics and then to anthropology are indicated by the divisions of his book. Godelier rejects, at the outset, any attempt to tackle the question of rationality or irrationality of economic science and of economic realities from the angle of an a priori idea, a speculative definition of what is rational. Such an approach can yield only, he feels, an ideological result. Rather, he treats the appearance and disappearance of social and economic systems in history as being governed by a necessity 'wholly internal to the concrete structures of social life.

Author : Dan Ariely
Publisher : HarperCollins UK
Page : 308 pages
File Size : 51,7 Mb
Release : 2009
Category : Business & Economics
ISBN : 9780007256532

Get Book

Predictably Irrational by Dan Ariely Pdf

Cuts to the heart of our strange behaviour, demonstrating how irrationality often supplants rational thought and that the reason for this is embedded in the very structure of our minds.

Author : Stephen McCarthy,David Kehl
Publisher : Lexington Books
Page : 294 pages
File Size : 46,7 Mb
Release : 2008
Category : Business & Economics
ISBN : 0739116258

Get Book

Deductive Irrationality by Stephen McCarthy,David Kehl Pdf

Deductive Irrationality examines and critiques economic rationalism by assessing the work of influential political philosophers and economic theorists such as Thomas Hobbes, John Locke, Adam Smith, Friedrich Hayek, Gunnar Myrdal, and John F. Muth. It is one of the first serious attempts to investigate the dominant sub-fields in economic theory through the lens of political philosophy.

Author : Uskali Mäki,Bo Gustafsson,Christian Knudsen
Publisher : Psychology Press
Page : 332 pages
File Size : 49,7 Mb
Release : 1993
Category : Business & Economics
ISBN : 0415092086

Get Book

Rationality, Institutions, and Economic Methodology by Uskali Mäki,Bo Gustafsson,Christian Knudsen Pdf

First published in 1993. Routledge is an imprint of Taylor & Francis, an informa company.

Author : Justin E. H. Smith
Publisher : Princeton University Press
Page : 352 pages
File Size : 44,9 Mb
Release : 2020-12-08
Category : History
ISBN : 9780691210513

Get Book

Irrationality by Justin E. H. Smith Pdf

"What every leader needs to know about dignity and how to create a culture in which everyone thrives. This landmark book from an expert in dignity studies explores the essential but under-recognized role of dignity as part of good leadership. Extending the reach of her award-winning book Dignity: Its Essential Role in Resolving Conflict, Donna Hicks now contributes a specific, practical guide to achieving a culture of dignity. Most people know very little about dignity, the author has found, and when leaders fail to respect the dignity of others, conflict and distrust ensue. She highlights three components of leading with dignity: what one must know in order to honor dignity and avoid violating it; what one must do to lead with dignity; and how one can create a culture of dignity in any organization, whether corporate, religious, governmental, healthcare, or beyond. Brimming with key research findings, real-life case studies, and workable recommendations, this book fills an important gap in our understanding of how best to be together in a conflict-ridden world."--

Author : Michel Zouboulakis
Publisher : Routledge
Page : 172 pages
File Size : 47,7 Mb
Release : 2014-01-21
Category : Business & Economics
ISBN : 9781317817499

Get Book

The Varieties of Economic Rationality by Michel Zouboulakis Pdf

The concept of economic rationality is important for the historical evolution of Economics as a scientific discipline. The common idea about this concept -even between economists- is that it has a unique meaning which is universally accepted. This new volume argues that "economic rationality" is not not a universal concept with one single meaning, and that it in fact has different, if not conflicting, interpretations in the evolution of discourse on economics. In order to achieve this, the book traces the historical evolution of the concept of economic rationality from Adam Smith to the present, taking in thinkers from Mill to Friedman, and encompassing approaches from neoclassical to behavioural economics. The book charts this history in order to reveal important instances of conceptual transformation of the meaning of economic rationality. In doing so, it presents a uniquely detailed study of the historical change of the many faces of the homo oeconomicus .