Efficiency Rationality Rationalism

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The Limits of Rationality

Author : Karen Schweers Cook
Publisher : University of Chicago Press
ISBN 13 : 0226742415
Total Pages : 436 pages
Book Rating : 4.2/5 (267 download)

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Book Synopsis The Limits of Rationality by : Karen Schweers Cook

Download or read book The Limits of Rationality written by Karen Schweers Cook and published by University of Chicago Press. This book was released on 2008-10-03 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Rational Causation

Author : Eric Marcus
Publisher : Harvard University Press
ISBN 13 : 0674065336
Total Pages : 279 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Rational Causation by : Eric Marcus

Download or read book Rational Causation written by Eric Marcus and published by Harvard University Press. This book was released on 2012-05-07 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explain what people think and do by citing their reasons, but how do such explanations work, and what do they tell us about the nature of reality? Contemporary efforts to address these questions are often motivated by the worry that our ordinary conception of rationality contains a kernel of supernaturalism-a ghostly presence that meditates on sensory messages and orchestrates behavior on the basis of its ethereal calculations. In shunning this otherworldly conception, contemporary philosophers have focused on the project of "naturalizing" the mind, viewing it as a kind of machine that converts sensory input and bodily impulse into thought and action. Eric Marcus rejects this choice between physicalism and supernaturalism as false and defends a third way. He argues that philosophers have failed to take seriously the idea that rational explanations postulate a distinctive sort of causation-rational causation. Rational explanations do not reveal the same sorts of causal connections that explanations in the natural sciences do. Rather, rational causation draws on the theoretical and practical inferential abilities of human beings. Marcus defends this position against a wide array of physicalist arguments that have captivated philosophers of mind for decades. Along the way he provides novel views on, for example, the difference between rational and nonrational animals and the distinction between states and events.

Rational Decisions in Organisations

Author : Frédéric Adam
Publisher : CRC Press
ISBN 13 : 1000543102
Total Pages : 245 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis Rational Decisions in Organisations by : Frédéric Adam

Download or read book Rational Decisions in Organisations written by Frédéric Adam and published by CRC Press. This book was released on 2022-05-30 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managers in organisations must make rational decisions. Rational decision making is the opposite of intuitive decision making. It is a strict procedure utilising objective knowledge and logic. It involves identifying the problem to solve, gathering facts, identifying options and outcomes, analysing them, considering all the relationships and selecting the decision. Rational decision making requires support: methods and software tools. The identification of the problem to solve needs methods that would measure and evaluate the current situation. Identification and evaluation of options and analysis of the available possibilities involves analysis and optimisation methods. Incorporating intuition into rational decision making needs adequate methods that would translate ideas or observed behaviours into hard data. Communication, observation and opinions recording is hardly possible today without adequate software. Information and data that form the input, intermediate variables and the output must be stored, managed and made accessible in a user-friendly manner. Rational Decisions in Organisations: Theoretical and Practical Aspects presents selected recent developments in the support of the widely understood rational decision making in organisations, illustrated through case studies. The book shows not only the variety of perspectives involved in decision making, but also the variety of domains where rational decision support systems are needed. The case studies present decision making by medical doctors, students and managers of various universities, IT project teams, construction companies, banks and small and large manufacturing companies. Covering the richness of relationships in which the decisions should and must be taken, the book illustrates how modern organisations operate in chains and networks; they have multiple responsibilities, including social, legal, business and ethical duties. Nowadays, managers in organisations can make transparent decisions and consider a multitude of stakeholders and their diverse features, incorporating diverse criteria, using multiple types and drivers of information and decision-making patterns, and referring to numerous lessons learned. As the book makes clear, the marriage of theoretical ideas with the possibilities offered by technology can make the decisions in organisations more rational and, at the same time, more human.

The Actual and the Rational

Author : Jean-François Kervégan
Publisher : University of Chicago Press
ISBN 13 : 022602394X
Total Pages : 419 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis The Actual and the Rational by : Jean-François Kervégan

Download or read book The Actual and the Rational written by Jean-François Kervégan and published by University of Chicago Press. This book was released on 2018-07-15 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of Hegel’s most controversial and confounding claims is that “the real is rational and the rational is real.” In this book, one of the world’s leading scholars of Hegel, Jean-François Kervégan, offers a thorough analysis and explanation of that claim, along the way delivering a compelling account of modern social, political, and ethical life. ?Kervégan begins with Hegel’s term “objective spirit,” the public manifestation of our deepest commitments, the binding norms that shape our existence as subjects and agents. He examines objective spirit in three realms: the notion of right, the theory of society, and the state. In conversation with Tocqueville and other theorists of democracy, whether in the Anglophone world or in Europe, Kervégan shows how Hegel—often associated with grand metaphysical ideas—actually had a specific conception of civil society and the state. In Hegel’s view, public institutions represent the fulfillment of deep subjective needs—and in that sense, demonstrate that the real is the rational, because what surrounds us is the product of our collective mindedness. This groundbreaking analysis will guide the study of Hegel and nineteenth-century political thought for years to come.

Rational Expectations

Author : Steven M. Sheffrin
Publisher : Cambridge University Press
ISBN 13 : 9780521479394
Total Pages : 204 pages
Book Rating : 4.4/5 (793 download)

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Book Synopsis Rational Expectations by : Steven M. Sheffrin

Download or read book Rational Expectations written by Steven M. Sheffrin and published by Cambridge University Press. This book was released on 1996-06-13 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops the idea of rational expectations and surveys its use in economics today.

Money, Time, and Rationality in Max Weber

Author : Stephen D. Parsons
Publisher : Psychology Press
ISBN 13 : 9780415246934
Total Pages : 184 pages
Book Rating : 4.2/5 (469 download)

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Book Synopsis Money, Time, and Rationality in Max Weber by : Stephen D. Parsons

Download or read book Money, Time, and Rationality in Max Weber written by Stephen D. Parsons and published by Psychology Press. This book was released on 2003 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Parsons argues that Weber's analysis is highly influenced by the Austrian School of Economics and the relationship between his critique of centrally planned economies and that of Mises. This book is a valuable contribution to Weberian literature.

Rational Machines and Artificial Intelligence

Author : Tshilidzi Marwala
Publisher : Academic Press
ISBN 13 : 0128209445
Total Pages : 272 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis Rational Machines and Artificial Intelligence by : Tshilidzi Marwala

Download or read book Rational Machines and Artificial Intelligence written by Tshilidzi Marwala and published by Academic Press. This book was released on 2021-03-31 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intelligent machines are populating our social, economic and political spaces. These intelligent machines are powered by Artificial Intelligence technologies such as deep learning. They are used in decision making. One element of decision making is the issue of rationality. Regulations such as the General Data Protection Regulation (GDPR) require that decisions that are made by these intelligent machines are explainable. Rational Machines and Artificial Intelligence proposes that explainable decisions are good but the explanation must be rational to prevent these decisions from being challenged. Noted author Tshilidzi Marwala studies the concept of machine rationality and compares this to the rationality bounds prescribed by Nobel Laureate Herbert Simon and rationality bounds derived from the work of Nobel Laureates Richard Thaler and Daniel Kahneman. Rational Machines and Artificial Intelligence describes why machine rationality is flexibly bounded due to advances in technology. This effectively means that optimally designed machines are more rational than human beings. Readers will also learn whether machine rationality can be quantified and identify how this can be achieved. Furthermore, the author discusses whether machine rationality is subjective. Finally, the author examines whether a population of intelligent machines collectively make more rational decisions than individual machines. Examples in biomedical engineering, social sciences and the financial sectors are used to illustrate these concepts. - Provides an introduction to the key questions and challenges surrounding Rational Machines, including, When do we rely on decisions made by intelligent machines? What do decisions made by intelligent machines mean? Are these decisions rational or fair? Can we quantify these decisions? and Is rationality subjective? - Introduces for the first time the concept of rational opportunity costs and the concept of flexibly bounded rationality as a rationality of intelligent machines and the implications of these issues on the reliability of machine decisions - Includes coverage of Rational Counterfactuals, group versus individual rationality, and rational markets - Discusses the application of Moore's Law and advancements in Artificial Intelligence, as well as developments in the area of data acquisition and analysis technologies and how they affect the boundaries of intelligent machine rationality

Complex Economics

Author : Alan Kirman
Publisher : Routledge
ISBN 13 : 1136941673
Total Pages : 366 pages
Book Rating : 4.1/5 (369 download)

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Book Synopsis Complex Economics by : Alan Kirman

Download or read book Complex Economics written by Alan Kirman and published by Routledge. This book was released on 2010-09-13 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Collective Rationality

Author : Paul Weirich
Publisher : OUP USA
ISBN 13 : 0195388380
Total Pages : 283 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis Collective Rationality by : Paul Weirich

Download or read book Collective Rationality written by Paul Weirich and published by OUP USA. This book was released on 2010 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Groups of people perform acts that are subject to standards of rationality. The book's theory of collective rationality explains how to evaluate collective acts. The people engaged in a game of strategy collectively produce an outcome, and the theory reveals what makes some outcomes solutions. It generates new equilibrium standards for solutions to cooperative games.

Rational Causation

Author : Eric Marcus
Publisher : Harvard University Press
ISBN 13 : 0674068742
Total Pages : 247 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Rational Causation by : Eric Marcus

Download or read book Rational Causation written by Eric Marcus and published by Harvard University Press. This book was released on 2012-03-20 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explain what people think and do by citing their reasons, but how do such explanations work, and what do they tell us about the nature of reality? Contemporary efforts to address these questions are often motivated by the worry that our ordinary conception of rationality contains a kernel of supernaturalism—a ghostly presence that meditates on sensory messages and orchestrates behavior on the basis of its ethereal calculations. In shunning this otherworldly conception, contemporary philosophers have focused on the project of “naturalizing” the mind, viewing it as a kind of machine that converts sensory input and bodily impulse into thought and action. Eric Marcus rejects this choice between physicalism and supernaturalism as false and defends a third way. He argues that philosophers have failed to take seriously the idea that rational explanations postulate a distinctive sort of causation—rational causation. Rational explanations do not reveal the same sorts of causal connections that explanations in the natural sciences do. Rather, rational causation draws on the theoretical and practical inferential abilities of human beings. Marcus defends this position against a wide array of physicalist arguments that have captivated philosophers of mind for decades. Along the way he provides novel views on, for example, the difference between rational and nonrational animals and the distinction between states and events.

Rationalism, Religion, and Domination

Author : Wolfgang Schluchter
Publisher : Univ of California Press
ISBN 13 : 9780520056596
Total Pages : 632 pages
Book Rating : 4.0/5 (565 download)

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Book Synopsis Rationalism, Religion, and Domination by : Wolfgang Schluchter

Download or read book Rationalism, Religion, and Domination written by Wolfgang Schluchter and published by Univ of California Press. This book was released on 1989-01-01 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Publication of this material in English should be a major event in American Weber studies. Together with Economy and Society, Weber's comparative studies in the sociology of religion represent not only his own central contribution to theoretical sociology, but also one of the most ambitious and fruitful research programs in the history of modern social theory. Schluchter analyzes both of these projects and shows how they are related. There is nothing in the Anglo-American literature on Weber's sociology of religion that can match the rigor and thoroughness of these essays. They should raise the standards of scholarly debate concerning both the general theoretical significance and the details of Weber's sociology of religion."--Guy Oakes, Monmouth University "There is next to nothing in the field of Weber interpretation that reaches the superior grasp and breadth of knowledge displayed in these essays. Exciting and illuminating, they should be essential reading for anyone interested in comparative religion and domination."--Thomas Burger, Southern Illinois University

Biblical Critical Theory

Author : Christopher Watkin
Publisher : Zondervan Academic
ISBN 13 : 0310128730
Total Pages : 673 pages
Book Rating : 4.3/5 (11 download)

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Book Synopsis Biblical Critical Theory by : Christopher Watkin

Download or read book Biblical Critical Theory written by Christopher Watkin and published by Zondervan Academic. This book was released on 2022-11-08 with total page 673 pages. Available in PDF, EPUB and Kindle. Book excerpt: *With a foreword from Tim Keller* A bold vision for Christians who want to engage the world in a way that is biblically faithful and culturally sensitive. In Biblical Critical Theory, Christopher Watkin shows how the Bible and its unfolding story help us make sense of modern life and culture. Critical theories exist to critique what we think we know about reality and the social, political, and cultural structures in which we live. In doing so, they make visible the values and beliefs of a culture in order to scrutinize and change them. Biblical Critical Theory exposes and evaluates the often-hidden assumptions and concepts that shape late-modern society, examining them through the lens of the biblical story running from Genesis to Revelation, and asking urgent questions like: How does the Bible's storyline help us understand our society, our culture, and ourselves? How do specific doctrines help us engage thoughtfully in the philosophical, political, and social questions of our day? How can we analyze and critique culture and its alternative critical theories through Scripture? Informed by the biblical-theological structure of Saint Augustine's magisterial work The City of God (and with extensive diagrams and practical tools), Biblical Critical Theory shows how the patterns of the Bible's storyline can provide incisive, fresh, and nuanced ways of intervening in today's debates on everything from science, the arts, and politics to dignity, multiculturalism, and equality. You'll learn the moves to make and the tools to use in analyzing and engaging with all sorts of cultural artifacts and events in a way that is both biblically faithful and culturally relevant. It is not enough for Christians to explain the Bible to the culture or cultures in which we live. We must also explain the culture in which we live within the framework and categories of the Bible, revealing how the whole of the Bible sheds light on the whole of life. If Christians want to speak with a fresh, engaging, and dynamic voice in the marketplace of ideas today, we need to mine the unique treasures of the distinctive biblical storyline.

Program Evaluation & Performance Measurement

Author : James C. McDavid
Publisher : SAGE
ISBN 13 : 9781412906685
Total Pages : 504 pages
Book Rating : 4.9/5 (66 download)

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Book Synopsis Program Evaluation & Performance Measurement by : James C. McDavid

Download or read book Program Evaluation & Performance Measurement written by James C. McDavid and published by SAGE. This book was released on 2006 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: Program Evaluation and Performance Measurement: An Introduction to Practice offers a conceptual, as well as practical, introduction to program evaluation and performance measurement for public and non-profit organizations. This introductory text discusses topics in a detailed fashion, making it a useful guide for practitioners who are constructing and implementing performance measurement systems as well as for students.

Public Administration

Author : Bidyut Chakrabarty
Publisher : Taylor & Francis
ISBN 13 : 104022315X
Total Pages : 570 pages
Book Rating : 4.0/5 (42 download)

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Book Synopsis Public Administration by : Bidyut Chakrabarty

Download or read book Public Administration written by Bidyut Chakrabarty and published by Taylor & Francis. This book was released on 2024-12-16 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook is a comprehensive, student-friendly guide to understanding the fundamentals of public administration. It examines the recent developments and relevant theoretical underpinnings in an accessible manner. Public Administration: Helps students grasp key dialectical interconnections between theoretical conceptualizations and prevalent socio-economic and political circumstances Provides understanding of issues in governance Analyses significant transformations in civil society and administrative set-ups across the world Highlights the contributions of non-Western thinkers in the development of conceptual ideas of the discipline Accessibly written, it caters to a wide range of university syllabi in public administration and will be essential for students and researchers of political science, public policy and public administration. It will also be particularly useful for those preparing for the civil service examinations.

The Ethics of Economic Rationalism

Author : John Wright
Publisher : UNSW Press
ISBN 13 : 9780868406619
Total Pages : 222 pages
Book Rating : 4.4/5 (66 download)

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Book Synopsis The Ethics of Economic Rationalism by : John Wright

Download or read book The Ethics of Economic Rationalism written by John Wright and published by UNSW Press. This book was released on 2003 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work tackles economic rationalism from a moral perspective. Firstly, in non-technical language, it reviews the economic arguments for economic rationalism. It then examines the ethical defences for economic rationalism and considers its many criticisms.

The Social Construction of Rationality

Author : Onno Bouwmeester
Publisher : Taylor & Francis
ISBN 13 : 1317530764
Total Pages : 217 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis The Social Construction of Rationality by : Onno Bouwmeester

Download or read book The Social Construction of Rationality written by Onno Bouwmeester and published by Taylor & Francis. This book was released on 2017-03-16 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are many different forms of rationality. In current economic discourse the main focus is on instrumental rationality and optimizing, while organization scholars, behavioural economists and policy scientists focus more on bounded rationality and satisficing. The interplay with value rationality or expressive rationality is mainly discussed in philosophy and sociology, but never in an empirical way. This book shows that not one, but three different forms of rationality (subjective, social and instrumental) determine the final outcomes of strategic decisions executed by major organizations. Based on an argumentation analysis of six high-profile public debates, this book adds nuance to the concept of bounded rationality. The chapters show how it is socially constructed, and thus dependent on shared beliefs or knowledge, institutional context and personal interests. Three double case studies investigating the three rationalities illustrate how decision makers and stakeholders discuss the appropriateness of these rationalities for making decisions in different practice contexts. The first touches more on personal concerns, like wearing a niqab or looking at obscene art exposed in a public environment; the second investigates debates on improving the rights and position of specific minorities; and the third is based on the agreement on instrumental reasons for two kinds of investments, but the cost arguments are regarded less relevant when social norms or personal interests are violated. The Social Construction of Rationality is for those who study political economy, economic psychology and public policy, as well as economic theory and philosophy.

Evolutionary Philosophy

Author : Ed Gibney
Publisher : Lulu.com
ISBN 13 : 110569660X
Total Pages : 234 pages
Book Rating : 4.1/5 (56 download)

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Book Synopsis Evolutionary Philosophy by : Ed Gibney

Download or read book Evolutionary Philosophy written by Ed Gibney and published by Lulu.com. This book was released on 2012-04-24 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evolutionary Philosophy is the foundation text for a new belief system. We are all products of evolution. Understanding all of the implications of this statement leads to a comprehensive worldview that can answer our universally shared questions: Where did I come from? What am I? What is a good life? How do I know? These questions and many more are answered in this book, before the beliefs of 60 of the top philosophers of history are put to the test in an evaluation of the survival of their fittest ideas. This is an audacious work of research and analysis from author Ed Gibney, who finishes by asking readers to help Evolutionary Philosophy to grow and adapt as mankind's knowledge continues to accumulate. This clear and accessible work promises to help you reevaluate mankind's place in the universe and your place in society.