Maximization and the Act of Choice

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Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Maximization and the Act of Choice by : Amartya Sen

Download or read book Maximization and the Act of Choice written by Amartya Sen and published by . This book was released on 1996 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Paradox of Choice

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Publisher : Harper Collins
ISBN 13 : 0061748994
Total Pages : 308 pages
Book Rating : 4.0/5 (617 download)

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Book Synopsis The Paradox of Choice by : Barry Schwartz

Download or read book The Paradox of Choice written by Barry Schwartz and published by Harper Collins. This book was released on 2009-10-13 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether we're buying a pair of jeans, ordering a cup of coffee, selecting a long-distance carrier, applying to college, choosing a doctor, or setting up a 401(k), everyday decisions—both big and small—have become increasingly complex due to the overwhelming abundance of choice with which we are presented. As Americans, we assume that more choice means better options and greater satisfaction. But beware of excessive choice: choice overload can make you question the decisions you make before you even make them, it can set you up for unrealistically high expectations, and it can make you blame yourself for any and all failures. In the long run, this can lead to decision-making paralysis, anxiety, and perpetual stress. And, in a culture that tells us that there is no excuse for falling short of perfection when your options are limitless, too much choice can lead to clinical depression. In The Paradox of Choice, Barry Schwartz explains at what point choice—the hallmark of individual freedom and self-determination that we so cherish—becomes detrimental to our psychological and emotional well-being. In accessible, engaging, and anecdotal prose, Schwartz shows how the dramatic explosion in choice—from the mundane to the profound challenges of balancing career, family, and individual needs—has paradoxically become a problem instead of a solution. Schwartz also shows how our obsession with choice encourages us to seek that which makes us feel worse. By synthesizing current research in the social sciences, Schwartz makes the counter intuitive case that eliminating choices can greatly reduce the stress, anxiety, and busyness of our lives. He offers eleven practical steps on how to limit choices to a manageable number, have the discipline to focus on those that are important and ignore the rest, and ultimately derive greater satisfaction from the choices you have to make.

Utility Maximization, Choice and Preference

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Publisher : Springer Science & Business Media
ISBN 13 : 3662049929
Total Pages : 226 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis Utility Maximization, Choice and Preference by : Fuad Aleskerov

Download or read book Utility Maximization, Choice and Preference written by Fuad Aleskerov and published by Springer Science & Business Media. This book was released on 2013-04-18 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: The utility maximization paradigm forms the basis of many economic, psychological, cognitive and behavioral models. However, numerous examples have revealed the deficiencies of the concept. This book helps to overcome those deficiencies by taking into account insensitivity of measurement threshold and context of choice. The second edition has been updated to include the most recent developments and a new chapter on classic and new results for infinite sets.

Maximisation and the Act of Choice

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Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (49 download)

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Book Synopsis Maximisation and the Act of Choice by : Amartya Sen

Download or read book Maximisation and the Act of Choice written by Amartya Sen and published by . This book was released on 1996 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Beyond Optimizing

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Publisher : Harvard University Press
ISBN 13 : 9780674069183
Total Pages : 220 pages
Book Rating : 4.0/5 (691 download)

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Book Synopsis Beyond Optimizing by : Michael Slote

Download or read book Beyond Optimizing written by Michael Slote and published by Harvard University Press. This book was released on 1989 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Philosophy, economics, and decision theory have long been dominated by the idea that rational choice consists of seeking or achieving one's own greatest good. Beyond Optimizing argues that our ordinary understanding of practical reason is more complex than this, and also that optimizing/maximizing views are inadequately supported by the considerations typically offered in their favor. Michael Slote challenges the long-dominant conception of individual rationality, which has to a large extent shaped the very way we think about the essential problems and nature of rationality, morality, and the relations between them. He contests the accepted view by appealing to a set of real-life examples, claiming that our intuitive reaction to these examples illustrates a significant and prevalent, if not always dominant, way of thinking. Slote argues that common sense recognizes that one can reach a point where "enough is enough," be satisfied with what one has, and, hence, rationally decline an optimizing alternative. He suggests that, in the light of common sense, optimizing behavior is often irrational. Thus, Slote is not merely describing an alternative mode of rationality; he is offering a rival theory. And the numerous parallels he points out between this common-sense theory of rationality and common-sense morality are then shown to have important implications for the long-standing disagreement between commonsense morality and utilitarian consequentialism. Beyond Optimizing is notable for its use of a much richer vocabulary of criticism than optimizing/maximizing models ever call upon. And it further argues that recent empirical investigations of the development of altruism and moral motivation need to be followed up by psychological studies of how moderation, and individual rationality more generally, take shape within developing individuals.

Choice

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Publisher : John Wiley & Sons
ISBN 13 : 0745683886
Total Pages : 280 pages
Book Rating : 4.7/5 (456 download)

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Book Synopsis Choice by : Richard Harper

Download or read book Choice written by Richard Harper and published by John Wiley & Sons. This book was released on 2017-09-05 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: We make decisions every day. Yet we are sometimes perplexed by these decisions and the decisions of others. To complicate things further, we live in an age where there are more things to choose from than ever before the Internet is transforming our choices and making us more accountable for them: what we choose is recorded, modelled and used to predict our future behaviour. So are we in a position to make better choices today than we were a decade ago? Certainly there are some who believe so. Psychologists claim we are subject to hidden mental processes that lead us to one thing rather than another; economists offer predictions about what people will buy; and some philosophers claim that our choices echo our evolutionary past. Are these claims merited? Do they reflect the beginnings of a new science of choice? This book offers a critical overview of these and other claims, showing where they are justified and where they are exaggerated. It will be an essential reference for anyone interested in whether science can help us to understand both the ways people make choices in their everyday lives and how these may be changing.

Rationality and Freedom

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Publisher : Harvard University Press
ISBN 13 : 9780674013513
Total Pages : 756 pages
Book Rating : 4.0/5 (135 download)

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Book Synopsis Rationality and Freedom by : Amartya Sen

Download or read book Rationality and Freedom written by Amartya Sen and published by Harvard University Press. This book was released on 2004-03-30 with total page 756 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rationality and freedom are among the most profound and contentious concepts in philosophy and the social sciences. In this, the first of two volumes, Amartya Sen brings clarity and insight to these difficult issues.

Hegel, Marx and Vygotsky

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Publisher : BRILL
ISBN 13 : 9004470972
Total Pages : 449 pages
Book Rating : 4.0/5 (44 download)

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Book Synopsis Hegel, Marx and Vygotsky by : Andy Blunden

Download or read book Hegel, Marx and Vygotsky written by Andy Blunden and published by BRILL. This book was released on 2021-11-08 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: Andy Blunden’s Hegel Marx & Vygotsky, Essays in Social Philosophy uses a series of essays to demonstrate how the cultural psychology of Lev Vygotsky and the Soviet Activity Theorists can be used to renew Hegelian Marxism as an interdisciplinary science.

An Inquiry Into the Nature and Causes of the Wealth of Nations

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Publisher :
ISBN 13 :
Total Pages : 522 pages
Book Rating : 4.:/5 (8 download)

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Book Synopsis An Inquiry Into the Nature and Causes of the Wealth of Nations by : Adam Smith

Download or read book An Inquiry Into the Nature and Causes of the Wealth of Nations written by Adam Smith and published by . This book was released on 1822 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Behaviour and the Concept of Preference

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Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (5 download)

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Book Synopsis Behaviour and the Concept of Preference by : Amartya Sen

Download or read book Behaviour and the Concept of Preference written by Amartya Sen and published by . This book was released on 1973 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Rational Choice, Rough Equality and the Case for Maximisation

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (594 download)

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Book Synopsis Rational Choice, Rough Equality and the Case for Maximisation by : Mozaffar Qizilbash

Download or read book Rational Choice, Rough Equality and the Case for Maximisation written by Mozaffar Qizilbash and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Choice and Consequence

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Publisher : Harvard University Press
ISBN 13 : 0674255976
Total Pages : 384 pages
Book Rating : 4.6/5 (742 download)

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Book Synopsis Choice and Consequence by : Thomas C. Schelling

Download or read book Choice and Consequence written by Thomas C. Schelling and published by Harvard University Press. This book was released on 1985-10-15 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thomas Schelling is a political economist “conspicuous for wandering”—an errant economist. In Choice and Consequence, he ventures into the area where rationality is ambiguous in order to look at the tricks people use to try to quit smoking or lose weight. He explores topics as awesome as nuclear terrorism, as sordid as blackmail, as ineffable as daydreaming, as intimidating as euthanasia. He examines ethical issues wrapped up in economics, unwrapping the economics to disclose ethical issues that are misplaced or misidentified. With an ingenious, often startling approach, Schelling brings new perspectives to problems ranging from drug abuse, abortion, and the value people put on their lives to organized crime, airplane hijacking, and automobile safety. One chapter is a clear and elegant exposition of game theory as a framework for analyzing social problems. Another plays with the hypothesis that our minds are not only our problem-solving equipment but also the organ in which much of our consumption takes place. What binds together the different subjects is the author’s belief in the possibility of simultaneously being humane and analytical, of dealing with both the momentous and the familiar. Choice and Consequence was written for the curious, the puzzled, the worried, and all those who appreciate intellectual adventure.

Words, Objects and Events in Economics

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Publisher : Springer Nature
ISBN 13 : 3030526739
Total Pages : 236 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Words, Objects and Events in Economics by : Peter Róna

Download or read book Words, Objects and Events in Economics written by Peter Róna and published by Springer Nature. This book was released on 2020-09-03 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Satisficing and Maximizing

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Publisher : Cambridge University Press
ISBN 13 : 9780521010054
Total Pages : 262 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis Satisficing and Maximizing by : Michael Byron

Download or read book Satisficing and Maximizing written by Michael Byron and published by Cambridge University Press. This book was released on 2004-07-19 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher Description

Morality, Rules, and Consequences

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Publisher : Rowman & Littlefield
ISBN 13 : 9780742509702
Total Pages : 280 pages
Book Rating : 4.5/5 (97 download)

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Book Synopsis Morality, Rules, and Consequences by : Elinor Mason

Download or read book Morality, Rules, and Consequences written by Elinor Mason and published by Rowman & Littlefield. This book was released on 2000 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring the relationship between consequentialist theory and moral rules, this book focuses mainly on rule consequentialism or on the distinction between act and rule versions of consequentialism.

Revealed Preference Theory

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Publisher : Cambridge University Press
ISBN 13 : 1107087805
Total Pages : 241 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Revealed Preference Theory by : Christopher P. Chambers

Download or read book Revealed Preference Theory written by Christopher P. Chambers and published by Cambridge University Press. This book was released on 2016-01-05 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of revealed preference has a long, distinguished tradition in economics but lacked a systematic presentation of the theory until now. This book deals with basic questions in economic theory and studies situations in which empirical observations are consistent or inconsistent with some of the best known economic theories.

Evolution and Rationality

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Publisher : Cambridge University Press
ISBN 13 : 1139510517
Total Pages : 293 pages
Book Rating : 4.1/5 (395 download)

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Book Synopsis Evolution and Rationality by : Samir Okasha

Download or read book Evolution and Rationality written by Samir Okasha and published by Cambridge University Press. This book was released on 2012-06-21 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores from multiple perspectives the subtle and interesting relationship between the theory of rational choice and Darwinian evolution. In rational choice theory, agents are assumed to make choices that maximize their utility; in evolution, natural selection 'chooses' between phenotypes according to the criterion of fitness maximization. So there is a parallel between utility in rational choice theory and fitness in Darwinian theory. This conceptual link between fitness and utility is mirrored by the interesting parallels between formal models of evolution and rational choice. The essays in this volume, by leading philosophers, economists, biologists and psychologists, explore the connection between evolution and rational choice in a number of different contexts, including choice under uncertainty, strategic decision making and pro-social behaviour. They will be of interest to students and researchers in philosophy of science, evolutionary biology, economics and psychology.