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Economic Rationality

In Alfred R. Mele & Piers Rawling (eds.), The Oxford handbook of rationality. New York: Oxford University Press (2004)

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  1. The Rationality Principle Idealized.Boaz Miller - 2012 - Social Epistemology 26 (1):3-30.
    According to Popper's rationality principle, agents act in the most adequate way according to the objective situation. I propose a new interpretation of the rationality principle as consisting of an idealization and two abstractions. Based on this new interpretation, I critically discuss the privileged status that Popper ascribes to it as an integral part of all social scientific models. I argue that as an idealization, the rationality principle may play an important role in the social sciences, but it also has (...)
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  • Aggregating moral preferences.Matthew D. Adler - 2016 - Economics and Philosophy 32 (2):283-321.
    :Preference-aggregation problems arise in various contexts. One such context, little explored by social choice theorists, is metaethical. ‘Ideal-advisor’ accounts, which have played a major role in metaethics, propose that moral facts are constituted by the idealized preferences of a community of advisors. Such accounts give rise to a preference-aggregation problem: namely, aggregating the advisors’ moral preferences. Do we have reason to believe that the advisors, albeit idealized, can still diverge in their rankings of a given set of alternatives? If so, (...)
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  • Design choices: Mechanism design and platform capitalism.Lee McGuigan, Jake Goldenfein & Salomé Viljoen - 2021 - Big Data and Society 8 (2).
    Mechanism design is a form of optimization developed in economic theory. It casts economists as institutional engineers, choosing an outcome and then arranging a set of market rules and conditions to achieve it. The toolkit from mechanism design is widely used in economics, policymaking, and now in building and managing online environments. Mechanism design has become one of the most pervasive yet inconspicuous influences on the digital mediation of social life. Its optimizing schemes structure online advertising markets and other multi-sided (...)
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  • Emotion, utility maximization, and ecological rationality.Yakir Levin & Itzhak Aharon - 2014 - Mind and Society 13 (2):227-245.
    This paper examines the adequacy of an evolutionary-oriented notion of rationality—ecological rationality—that has recently been proposed in economics. Ecological rationality is concerned with what it is rational to do, and in this sense is a version of what philosophers call ‘practical rationality’. Indeed, the question of the adequacy of ecological rationality as it is understood in the paper, is the question of whether ecological rationality is a genuine notion of practical rationality. The paper first explicates and motivates the notion of (...)
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  • Animal vs. human rationality-cum-conceptuality: a philosophical perspective on developmental psychology.Yakir Levin & Itzhak Aharon - 2022 - Mind and Society 21 (1):63-88.
    In this paper, we first extract from Susan Carey’s seminal account of the origin of concepts a notion of rationality, which is applicable to human infants and non-human animals; significantly different from the notions of rationality prevalent in behavioral ecology and yet, like these notions, amenable to empirical testing; conceptually more fundamental than the latter notions. Relatedly, this notion underlies a proto-conceptuality ascribable, by a key component of Carey’s account, to human infants and non-human animals. Based on a Kantian-inspired analysis (...)
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  • (1 other version)Ricoeur e a tarefa filosófica de uma crítica da razão.Gonçalo Marcelo - 2018 - Dissertatio 47 (S8):54-73.
    Este artigo apresenta a crítica da razão como sendo uma das mais importantes tarefas filosóficas. Argumentando que é hoje necessário retomar esta tarefa, para operar uma crítica da “razão miserável”, aqui entendida como o exercício dominante da razão que a mantém ao nível dos reducionismos técnico-científico e económico, o artigo mostra até que ponto a filosofia de Paul Ricoeur contém contribuições que permitem encetar esta crítica.
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  • Can God Satisfice?Klass Kraay - 2013 - American Philosophical Quarterly 50 (4):399-410.
    Three very prominent arguments for atheism are (1) the argument from sub-optimality, (2) the problem of no best world, and (3) the evidential argument from gratuitous evil. To date, it has not sufficiently been appreciated that several important criticisms of these arguments have all relied on a shared strategy. Although the details vary, the core of this strategy is to concede that God either cannot or need not achieve the best outcome in the relevant choice situation, but to insist that (...)
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