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Economic Rationality and Practical Reason (Hardcover, 1997 ed.)
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Economic Rationality and Practical Reason (Hardcover, 1997 ed.)
Series: Theory and Decision Library A:, 24
Expected to ship within 10 - 15 working days
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The theory of practical rationality does not belong to one academic
discipline alone. There are quite divergent philosophical,
economical, sociological, psychological and politological
contributions. Sometimes the disciplinary boundaries impede
theoretical progress. On the other hand it is an indication for the
high complexity of the subject that so many divergent paradigms
compete with one another, or - what is worse - live separately in a
kind of splendid isolation. Decision theory in the broader sense,
embracing the theory of games and collective choice theory, can
help to understand practical reason in philosophical analysis. But
there are interesting aspects which cannot be dealt with adequately
within a decision-theoretic conceptual framework. To have both of
these convictions justifies to neglect dis ciplinary boundaries and
poses a problem for the orthodoxies of either sides. All the essays
of this volume focus on the relation between economic rationality
and practical reason and discuss different aspects of the same
problem, i. e. a basic deficiency in the standard economic theory
of practical rationality. But philosophical analysis would not be
of much help if it just rejected the economic paradigm. It must
rather help to integrate economic aspects into a broader view on
practical reason."
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