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Rationality and Commitment
Edited by Fabienne Peter and Hans Bernhard Schmid
400 pages
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234x156mm
978-0-19-928726-0
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Hardback
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13 December 2007
Price:
£50.00 £12.50
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- The latest research at the intersection of economics and philosophy
- Rational choice theory is a subject of considerable current interest
- A detailed response by Sen provides fresh insights into his critique of rational choice theory
- Excellent international line-up of contributors
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.Readership: Gradutes and professionals in philosophy and economics.
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Edited by Fabienne Peter, University of Warwick, and Hans Bernhard Schmid, University of Basel Contributors:
Geoffrey Brennan, Australian National University, Canberra and University of North Carolina, Chapel Hill
John Bryan Davis, University of Amsterdam and Marquette University
Simon Gächter, University of Nottingham
Margaret Gilbert, University of California, Irvine
Natalie Gold, University of Edinburgh
Werner Güth, Max Planck Institute of Economics, Jena
Daniel M. Hausman, University of Wisconsin-Madison
Hartmut Kliemt, Universität
Duisburg-Essen
Herlinde Pauer-Studer, University of Vienna
Fabienne Peter, University of Warwick
Philip Pettit, Princeton University
Hans Bernhard Schmid, University of Basel and University of St. Gallen
Amartya Sen, Harvard University and University of Cambridge
Robert Sugden, University of East Anglia
Christian Thöni, University of St. Gallen
Raimo Tuomela, University of Helsinki
Bruno Verbeek, Leiden University
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Fabienne Peter and Hans Bernhard Schmid: Rational Fools, Rational Commitments: An Introduction
Part I. Committed Action
1: Amartya Sen: Why Exactly is Commitment Important for Rationality?
2: Philip Pettit: Construing Sen on Commitment
3: Daniel Hausman: Sympathy, Commitment, and Preference
Part II. Rethinking Rationality
4: Herlinde Pauer-Studer: Instrumental Rationality Versus Practical Reason: Goals, Ends, and Commitment
5: Geoffrey Brennan: The Grammar of Rationality
6: Werner Güth and Hartmut Kliemt: The Rationality of Rational Fools: The Role of Commitments, Persons and Agents in Rational Choice Modelling
7: Bruno Verbeek: Rational Self-commitment
8: Simon Gächter and Christian Thöni: Rationality and Commitment in Voluntary Cooperation: Insights from Experimental Economics
Part III. Commitment, Intentions, and Identity
9: Hans Bernhard Schmid: Beyond Self-goal Choice: Sen's Analysis of Commitment and The Role of Shared Desires
10: Raimo Tuomela: Cooperation and the We-perspective
11: Margaret Gilbert: Collective Intentions, Commitment and Collective Action Problems
12: Robert Sugden and Natalie Gold: Theories of Team Agency
13: John Davis: Identity and Commitment: Sen's Conception of the Individual
Amartya Sen: Rational Choice: Discipline, Brand Name and Substance
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The specification in this catalogue, including without limitation price, format, extent, number of illustrations, and month of publication, was as accurate as possible at the time the catalogue was compiled. Occasionally, due to the nature of some contractual restrictions, we are unable to ship a specific product to a particular territory. Jacket images are provisional and liable to change before publication.
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