Description: Please refer to the section BELOW (and NOT ABOVE) this line for the product details - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Title:Rationality And Explanation In EconomicsISBN13:9780415747462ISBN10:0415747465Author:Lagueux, Maurice (Author)Description:Economical Questions Indisputably Occupy A Central Place In Everyday Life In Order To Clarify These Questions, People Generally Turn To Those Who Are Familiar With Economics In Answering Such Legitimate Questions, Economists Propose Explanations Which Rest On A Few Principles Among Which The Rationality Principle Is By Far The Most Fundamental This Principle Assumes That People Are Rational, But What Is Meant By This Has To Be Specified Rationality And Explanation In Economics Claims That Only A Minimal Kind Of Rationality Is Required To 'Animate' Economic Explanations However, Such A Conception Of Rationality Faces Serious Objections: It Is Closely Associated With Harshly Criticised Methodological Individualism And It Is Not Easily Disentangled From Sheer Irrationality The Book Answers These Objections And Shows That The Economists' Way Of Mobilising The Concepts Of Maximization Or Of Consistency For Defining Rationality Raises More Serious Problems Since The Latter Have Encouraged Various Attempts To Downgrade Or Even To Dispense With The Very Notion Of Rationality, The Book Is Largely Devoted To Countering Arguments Associated With These Attempts And To Show Why Postulating That Agents Are Rational Is Still The Only Efficient Way To Explain Economic Phenomena As Such The Author Also Proposes Original Views About The Role Of Rationality, The Meaning Of Methodological Individualism, The Relevance Of The Selection Argument And The Relation Between 'Rational' Explanations Of Economics And Explanations In Natural Sciences Binding:Paperback, PaperbackPublisher:RoutledgePublication Date:2014-08-15Weight:1 lbsDimensions:0.7'' H x 8.9'' L x 6.1'' WNumber of Pages:304Language:English
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Book Title: Rationality And Explanation In Economics
Number of Pages: 304 Pages
Language: English
Publication Name: Rationality and Explanation in Economics
Publisher: Routledge
Publication Year: 2014
Subject: General, Economics / General, Movements / Rationalism, Economics / Theory
Item Height: 0.7 in
Item Weight: 15.2 Oz
Type: Textbook
Subject Area: Business & Economics, Philosophy
Author: Maurice Lagueux
Item Length: 6.1 in
Item Width: 9.2 in
Format: Trade Paperback