Amartya Sen and Rational Choice

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A01=Mark Peacock
agency theory
alternative economic theory
altruism
Author_Mark Peacock
behavioural economics
Category=KCA
commitment in rational decision making
Committed Choice
Contemplative Sympathy
decision making models
economic philosophy
economic thought
Egoistic Utility Maximizers
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eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
heterodox economics
Individual's Welfare Function
Individual’s Welfare Function
Internalization Account
Larger Apple
moral philosophy
Moral Ranking
Orthodox Economic Theory
orthodox rational choice theory
PD Preference
philosophy of economics
Preference Ranking
Psychological Altruism
rational choice
Rational Fools
Revealed Preference Theory
SCW
Self-goal Choice
Self-imposed Constraints
self-interest
Sen's Analysis
Sen's Choice
Sen's critics
Sen's Critique
Sen's Understanding
Sen's Work
Sen’s Analysis
Sen’s Choice
Sen’s Critique
Sen’s Understanding
Sen’s Work
Smaller Apple
social choice theory
Special Normative Status
Ultimate Preferences
Vice Versa
welfare economics

Product details

  • ISBN 9780367188740
  • Weight: 460g
  • Dimensions: 156 x 234mm
  • Publication Date: 26 Sep 2019
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Are human beings motivated exclusively by self-interest? The orthodox theory of rational choice in economics thinks that they are. Amartya Sen disagrees, and his concept commitment is central to his vision of an alternative to mainstream rational choice theory. This book examines commitment as it has evolved in Sen's critique of orthodox rational choice theory.

The in-depth focus on commitment reveals subtleties in the concept itself as well as in its relationships with other concepts which Sen develops in his critique of rational choice theory, for example preference, sympathy, weakness of will, agency, personhood, social norms, rights, self-welfare goal and self-goal choice. The book provides a comprehensive understanding of commitment and offers novel interpretations of the term as a way of strengthening its plausibility. Broadly in support of Sen’s conceptualization of rational choice, the book nevertheless reveals ambiguities and weaknesses in Sen’s conceptual framework, and it reformulates Sen’s concepts when doing so strengthens the claims he makes. The book also engages with critics of Sen and argues for the importance of commitment as a component in the theory of rational choice.

Mark S. Peacock was educated at the Universities of Sussex and Cambridge. He worked at the Universities of Witten/Herdecke and Erfurt, Germany, from 1996 to 2006 and is currently a professor in the Department of Social Science, York University, Canada.

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