The Rational-Choice Dictator: Reply*
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منابع مشابه
Rational Choice Theory: An Overview
It seems easy to accept that rationality involves many features that cannot be summarized in terms of some straightforward formula, such as binary consistency. However, this recognition does not immediately lead to alternative characterizations that might be regarded as satisfactory, even though the inadequacies of the traditional assumptions of rational behavior standard used in economic theo...
متن کاملOn the computability of binary social choice rules in an infinite society and the halting problem
This paper investigates the computability problem of the Arrow impossibility theorem [K.J. Arrow, Social Choice and Individual Values, second ed., Yale University Press, 1963] of social choice theory in a society with an infinite number of individuals (infinite society) according to the computable calculus (or computable analysis) by Aberth [O. Aberth, Computable Analysis, McGraw-Hill, 1980, O....
متن کاملRational Choice Theory: A Cultural Reconsideration
Economists have heralded the formulation of the expected utility theorem as a universal method of choice under uncertainty. In their seminal paper, Stigler and Becker (Stigler & Becker, 1977) declared that “human behavior can be explained by a generalized calculus of utility-maximizing behavior” (p.76). The universality of the rational choice theory has been widely criticized by psychologists, ...
متن کاملRational Choice Theory: An Overview
It seems easy to accept that rationality involves many features that cannot be summarized in terms of some straightforward formula, such as binary consistency. However, this recognition does not immediately lead to alternative characterizations that might be regarded as satisfactory, even though the inadequacies of the traditional assumptions of rational behavior standard used in economic theo...
متن کاملTheories and Tropes: A Reply to Posner and Kelman
We are grateful to Richard Posner and Mark Kelman for their detailed comments on our article. Their objections come from opposite directions. Judge Posner complains that behavioral economics is not a "theory" and is indeed "antitheoretical"'; he invokes "evolutionary considerations"2 in the interest of providing a unitary account of both rational and "quasi rational" behavior, as well as bounde...
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تاریخ انتشار 2008