Rationality in Economics: Alternative Perspectives

Ideas linked to rational choice theory started to appear frequently in the economics literature in the 1960s and 1970s, but the attention given to rationality widened to include commentators presenting far-reaching appraisals and critiques. The literature

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RECENT ECONOMIC THOUGHT SERIES Editors: Warren J. Samuels Michigan State University East Lansing, Michigan, USA

William Darity, Jr. University of North Carolina Chapel Hill, North Carolina, USA

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RATIONALITY IN ECONOMICS: ALTERNATIVE PERSPECTIVES

Edited by

Ken Dennis University of Manitoba

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Springer Science+Business Media, LLC

Library of Congress Cataloging-in-Publication Data Rationality in economics : alternative perspectives / edited by Ken Dennis. p. cm. -- (Recent economic thought series : 62) Includes bibliographical references and index. ISBN 978-94-010-6037-0 ISBN 978-94-011-4862-7 (eBook) DOI 10.1007/978-94-011-4862-7 1. Rational choice theory. I. Dennis, Kenneth G. 11. Series. HB846.8.R3828 1998 330' .OI--dc21 97-46442

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Copyright © 1998 Springer Science+Business Media New York Originally published by Kluwer Academic Publishers in 1998 Softcover reprint of the hardcover 1st edition 1998 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher, Springer Science+Business Media, LLC. Printed on acid{ree paper.

CONTENTS

INTRODUCTION .................................................................