On the Rationality of Observed Saving

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Publisher :
ISBN 13 :
Total Pages : 312 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis On the Rationality of Observed Saving by : Betsy Buttrill White

Download or read book On the Rationality of Observed Saving written by Betsy Buttrill White and published by . This book was released on 1976 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Social Structures, Aging, and Self-Regulation in the Elderly

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Publisher : Springer Publishing Company
ISBN 13 : 9780826124128
Total Pages : 258 pages
Book Rating : 4.1/5 (241 download)

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Book Synopsis Social Structures, Aging, and Self-Regulation in the Elderly by : K. Warner Schaie, PhD

Download or read book Social Structures, Aging, and Self-Regulation in the Elderly written by K. Warner Schaie, PhD and published by Springer Publishing Company. This book was released on 2006-07-06 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection considers ways in which societal contexts influence aging by influencing self-regulatory processes. No one doubts that the social contexts in which individuals develop exert strong influence on life trajectories. Those born into environments that provide high quality education, supportive social relations, and economic assets do better in old age than those born into environments bereft of such resources. The extent of this influence, however, is only beginning to be revealed. Recent research shows that life experiences influence basic brain structures (e.g. the effect of musical training on neural organization) and functions (e.g. inflammatory processes), and that social embeddedness may even protect against Alzheimer's disease. Similarly, education increasingly appears to have a "real" effect on neural integrity. Thus, societal contexts may not simply open or close doors for individuals, but may influence self-regulatory processes at the most basic levels of functioning. Although social structures are generally seen as the independent variables that affect individual aging, it is also possible to think of a lifetime development of self-regulatory processes leading to behaviors in old age that can have impact on and modify societal structures. Two parts of this book consider self-regulation as the dependent variable, asking how social contexts influence cognitive, emotional, and self-regulatory processes. The third part reverses the question, treating self-regulation as the independent variable and retirement and physical health as dependent variables. In this part, consideration is given to how the effectiveness of self-regulation influences physical and economic outcomes in old age.

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.

Rationality and Commitment

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Publisher : OUP Oxford
ISBN 13 : 0191558303
Total Pages : 400 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Rationality and Commitment by : Fabienne Peter

Download or read book Rationality and Commitment written by Fabienne Peter and published by OUP Oxford. This book was released on 2007-12-13 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rational choice theory forms the core of the economic approach to human behaviour. It is also the most influential philosophical account of practical rationality. Yet there are persistent controversies about the scope of rational choice theory in philosophy and, increasingly, in economics as well. A leading critic is the philosopher and Nobel Laureate economist Amartya Sen, who put forward a trenchant critique of rational choice theory in his seminal paper 'Rational Fools'. Sen emphasizes the importance of commitment - those aspects of human behavior which dispose individuals to co-operate, follow norms, and identify with others. He argues that rational choice theory cannot accommodate commitment, and demands a more adequate account of rationality. The question of how to account for the rationality of commitment is very much an open issue and, if anything, even more pressing today than when Sen first raised it. In Rationality and Commitment, thirteen leading philosophers and economists discuss Sen's claims and propose their own answers to the question of how to account for the rationality of committed action. The volume concludes with a specially-written reply by Sen, in which he responds to his critics and provides a rich commentary on the preceding essays.

Rationality

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Publisher : Penguin UK
ISBN 13 : 0241380308
Total Pages : 272 pages
Book Rating : 4.2/5 (413 download)

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Book Synopsis Rationality by : Steven Pinker

Download or read book Rationality written by Steven Pinker and published by Penguin UK. This book was released on 2021-09-28 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: A TIMES BOOK OF THE YEAR 2021 'Punchy, funny and invigorating ... Pinker is the high priest of rationalism' Sunday Times 'If you've ever considered taking drugs to make yourself smarter, read Rationality instead. It's cheaper, more entertaining, and more effective' Jonathan Haidt, author of The Righteous Mind In the twenty-first century, humanity is reaching new heights of scientific understanding - and at the same time appears to be losing its mind. How can a species that discovered vaccines for Covid-19 in less than a year produce so much fake news, quack cures and conspiracy theorizing? In Rationality, Pinker rejects the cynical cliché that humans are simply an irrational species - cavemen out of time fatally cursed with biases, fallacies and illusions. After all, we discovered the laws of nature, lengthened and enriched our lives and set the benchmarks for rationality itself. Instead, he explains, we think in ways that suit the low-tech contexts in which we spend most of our lives, but fail to take advantage of the powerful tools of reasoning we have built up over millennia: logic, critical thinking, probability, causal inference, and decision-making under uncertainty. These tools are not a standard part of our educational curricula, and have never been presented clearly and entertainingly in a single book - until now. Rationality matters. It leads to better choices in our lives and in the public sphere, and is the ultimate driver of social justice and moral progress. Brimming with insight and humour, Rationality will enlighten, inspire and empower. 'A terrific book, much-needed for our time' Peter Singer

Models of Bounded Rationality: Empirically grounded economic reason

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Publisher : MIT Press
ISBN 13 : 9780262193726
Total Pages : 486 pages
Book Rating : 4.1/5 (937 download)

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Book Synopsis Models of Bounded Rationality: Empirically grounded economic reason by : Herbert Alexander Simon

Download or read book Models of Bounded Rationality: Empirically grounded economic reason written by Herbert Alexander Simon and published by MIT Press. This book was released on 1997 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering alternative models based on such concepts as satisficing (acceptance of viable choices that may not be the undiscoverable optimum) and bouded rationality (the limited extent to which rational calculation can direct human behaviour), Simon shows why more empirical research based on experiments and direct observation, rather than just statistical analysis of economic aggregates, is needed.

Observation and Experiment in the Natural and Social Sciences

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Publisher : Springer Science & Business Media
ISBN 13 : 0306481235
Total Pages : 357 pages
Book Rating : 4.3/5 (64 download)

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Book Synopsis Observation and Experiment in the Natural and Social Sciences by : Maria Carla Galavotti

Download or read book Observation and Experiment in the Natural and Social Sciences written by Maria Carla Galavotti and published by Springer Science & Business Media. This book was released on 2006-04-18 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a contribution to the ongoing debate on the distinction between a ‘context of justification’ and a ‘context of discovery’. It is meant for researchers and advanced students in philosophy of science, and for natural and social scientists interested in foundational topics. Spanning a wide range of disciplines, it combines the viewpoint of philosophers and scientists and casts a new interdisciplinary perspective on the problem of observation and experimentation.

The Limits of Rationality

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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.

Economic Theory and the Roman Monetary Economy

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Publisher : Cambridge University Press
ISBN 13 : 1108418600
Total Pages : 225 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis Economic Theory and the Roman Monetary Economy by : Colin P. Elliott

Download or read book Economic Theory and the Roman Monetary Economy written by Colin P. Elliott and published by Cambridge University Press. This book was released on 2020-02-20 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reconceptualizes economic theory as a tool for understanding the Roman monetary system and its social and cultural contexts.

Debating Rationality

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Publisher : Cornell University Press
ISBN 13 : 1501725475
Total Pages : 296 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis Debating Rationality by : Jennifer J. Halpern

Download or read book Debating Rationality written by Jennifer J. Halpern and published by Cornell University Press. This book was released on 2018-10-18 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision makers strive to be rational. Traditionally, rational decisions maximize an appropriate return. The contributors to this book challenge the common assumption that good decisions must be rational in this economic sense. They emphasize that the decision-making process is influenced by social, organizational, and psychological considerations as well as by economic concerns. Relationships, time pressure, external demands for specific types of performance, contractual expectations, human biases, and reactions to unfair treatment alter the decision-making context and the resulting decision outcomes.

The American Economic Review

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Publisher :
ISBN 13 :
Total Pages : 990 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The American Economic Review by :

Download or read book The American Economic Review written by and published by . This book was released on 1984 with total page 990 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association.

Bounded Rationality and Public Policy

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Publisher : Springer Science & Business Media
ISBN 13 : 1402094736
Total Pages : 330 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Bounded Rationality and Public Policy by : Alistair Munro

Download or read book Bounded Rationality and Public Policy written by Alistair Munro and published by Springer Science & Business Media. This book was released on 2009-06-10 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Rationality and Explanation in Economics

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Publisher : Routledge
ISBN 13 : 1135150338
Total Pages : 630 pages
Book Rating : 4.1/5 (351 download)

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Book Synopsis Rationality and Explanation in Economics by : Maurice Lagueux

Download or read book Rationality and Explanation in Economics written by Maurice Lagueux and published by Routledge. This book was released on 2010-02-28 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economical questions indisputably occupy a central place in everyday life. In order to clarify these questions, people generally turn to those who are familiar with economics. In answering such legitimate questions, economists propose explanations which rest on a few principles among which the rationality principle is by far the most fundamental. This principle assumes that people are rational, but what is meant by this has to be specified. Rationality and Explanation in Economics claims that only a minimal kind of rationality is required to ‘animate’ economic explanations. However, such a conception of rationality faces serious objections: it is closely associated with harshly criticised methodological individualism and it is not easily disentangled from sheer irrationality. The book answers these objections and shows that the economists’ way of mobilising the concepts of maximization or of consistency for defining rationality raises more serious problems. Since the latter have encouraged various attempts to downgrade or even to dispense with the very notion of rationality, the book is largely devoted to countering arguments associated with these attempts and to show why postulating that agents are rational is still the only efficient way to explain economic phenomena as such. The author also proposes original views about the role of rationality, the meaning of methodological individualism, the relevance of the selection argument and the relation between ‘rational’ explanations of economics and explanations in natural sciences.

The Social Sciences and Rationality

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Publisher : Routledge
ISBN 13 : 1351322877
Total Pages : 228 pages
Book Rating : 4.3/5 (513 download)

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Book Synopsis The Social Sciences and Rationality by : Hudson Meadwell

Download or read book The Social Sciences and Rationality written by Hudson Meadwell and published by Routledge. This book was released on 2017-10-19 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, rational choice theory has emerged as the single most powerful, controversial claimant to provide a unified, theoretical framework for all the social sciences. In its simplest form, the theory postulates that humans are purposive beings who pursue their goals in a rational, efficient manner, seeking the greatest benefit at the lowest cost. This volume brings together prominent scholars working in several social science disciplines and the philosophy of science to debate the promise and problems of rational choice theory. As rational choice theory has spread from its home base in economics to other disciplines, it has come under fierce criticism. To its critics, the extension of the explanatory model mistakenly assumes that the logic of economic rationality can explain non-economic behavior and, at its worst, commits the ethnocentric error of imposing Western concepts of rationality on non-Western societies and cultures. This volume includes strong advocates as well as forceful critics of the rational choice approach. However, in contrast to previous debates, all the contributors share a commitment to open, constructive and knowledgeable dialogue. Well-known advocates of rational choice theory (Michael Hechter, Michael Smith, Chris Manfredi) explicitly ponder some of its serious limitations, while equally well-known critics (Ian Shapiro, Mario Bunge) strike a surprisingly conciliatory tone in contemplating its legitimate uses. Vociferous critics of neoclassical economics (Bunge) favorably discuss sociological proponents of rational choice theory while two economists who are not particularly anti-mainstream (Robin Rowley, George Grantham) critically assess the problems of such assumptions in their discipline. Philosophers (Storrs McCall) and sociologists (John Hall) alike reflect on the variable meaning of rationality in explaining social behavior. In the introduction and conclusion, the editors survey the current state of the debate and show how open, constructive dialogue enables us to move beyond hackneyed accusations and dismissals that have characterized much previous debate.

Kant's Observations and Remarks

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Publisher : Cambridge University Press
ISBN 13 : 0521769426
Total Pages : 303 pages
Book Rating : 4.5/5 (217 download)

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Book Synopsis Kant's Observations and Remarks by : Susan Meld Shell

Download or read book Kant's Observations and Remarks written by Susan Meld Shell and published by Cambridge University Press. This book was released on 2012-05-24 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kant's Observations of 1764 and Remarks of 1764-5 (a set of fragments written in the margins of his copy of the Observations) document a crucial turning point in his life and thought. Both reveal the growing importance for him of ethics, anthropology and politics, but with an important difference. The Observations attempts to observe human nature directly. The Remarks, by contrast, reveals a revolution in Kant's thinking, largely inspired by Rousseau, who 'turned him around' by disclosing to Kant the idea of a 'state of freedom' (modelled on the state of nature) as a touchstone for his thinking. This and related thoughts anticipate such famous later doctrines as the categorical imperative. This collection of essays by leading Kant scholars illuminates the many and varied topics within these two rich works, including the emerging relations between theory and practice, ethics and anthropology, men and women, philosophy, history and the 'rights of man'.

Observation and Experiment

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Publisher : Harvard University Press
ISBN 13 : 0674983246
Total Pages : 400 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Observation and Experiment by : Paul R. Rosenbaum

Download or read book Observation and Experiment written by Paul R. Rosenbaum and published by Harvard University Press. This book was released on 2017-08-14 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the face of conflicting claims about some treatments, behaviors, and policies, the question arises: What is the most scientifically rigorous way to draw conclusions about cause and effect in the study of humans? In this introduction to causal inference, Paul Rosenbaum explains key concepts and methods through real-world examples.

Economic Rationality

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Publisher : John Wiley & Sons
ISBN 13 : 1509538127
Total Pages : 98 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis Economic Rationality by : Stephen G. Engelmann

Download or read book Economic Rationality written by Stephen G. Engelmann and published by John Wiley & Sons. This book was released on 2022-09-15 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics used to be called political economy, and the loss of the “political” tracks the ascendance of the idea of rational choice within the discipline. Where does this idea of economic rationality – choosing to maximize benefits and minimize costs – come from? What are the consequences of its rise? In this new book, Stephen Engelmann assesses these questions through a consideration of the often-hidden links between choice and government, ranging from the Benthamic utilitarianism that inspired modern economics to the contemporary economic psychologists trying to nudge everyone to choose more rationally. Multiple global crises are exposing how deficient economic rationality is as a political theory, since a focus on choice turns actors away from relations in the common. Political economy once targeted aristocratic rule – heralding a politics and ethics of egalitarian self-command and spurring democratic reform – but economics allows domination and forecloses alternatives to it. This accessible volume will be of interest to students and scholars of politics and economics, and to general readers concerned about the various ways that psychology and management have infiltrated our politics.