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The Social Construction of Rationality - Policy Debates and the Power of Good Reasons (Hardcover)
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The Social Construction of Rationality - Policy Debates and the Power of Good Reasons (Hardcover)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 19 working days
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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.
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