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Amartya Sen and Rational Choice : the Concept of Commitment

Author: Mark S Peacock
Publisher: Milton Park, Abingdon, Oxon ; New York, NY : Routledge, 2020. ©2020
Series: Routledge INEM advances in economic methodology, 20.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
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  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Peacock, Mark S.
Amartya Sen and Rational Choice : The Concept of Commitment.
Milton : Routledge, ©2019
Named Person: Amartya Sen; Amartya Sen
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Mark S Peacock
ISBN: 9780429583582 0429583583 0429198949 9780429581687 0429581688 9780429198946 9780429579462 0429579462
OCLC Number: 1120697779
Description: 1 online resource (161 pages)
Contents: Cover; Half Title; Series Page; Title Page; Copyright Page; Dedication; Table of Contents; Acknowledgements; Introduction; 1. Choice, consistency and self-interest; Introduction; I Internal consistency; II Preference, choice, self-interest; III Bottles, dilemmas and social responsibility; IV As-if rankings; Conclusion; Notes; 2. Sympathy; Introduction; I Sympathy: Sen's interpreters; II Two types of sympathy; III Active sympathy; IV Active sympathy and maximization; Conclusion; Note; 3. Commitment; Introduction; I Commitment: two definitions; II Counter-preferential choice III Commitment and moralityIV Reasons, preferences and mixed motives; V Sympathy, commitment, egoism and altruism; Conclusion; 4. Commitment and meta-rankings; Introduction; I Meta-ranking; II Morality, meta-ranking and the prisoners' dilemma; III Weakness of will; IV Preferences, meta-rankings and the concept of a person; Conclusion; Note; 5. Norms and commitment; Introduction; I Apples; II Norms and preferences; III Self-imposed constraints: orthodoxy and heterodoxy; IV Commitment and agent relativity; Conclusion; Notes; 6. Binding oneself: Self-imposed constraints; Introduction I Binding oneselfII Commitments and rights; Conclusion; Notes; 7. Goals; Introduction; I Characteristics of privateness: the capability-theoretic interpretation; II Testing Sen's independence claim, part 1; III Characteristics of privateness: the choice-theoretic interpretation; IV Testing Sen's independence claim, part 2; Conclusion; Note; 8. Self-goal choice; Introduction; I Self-goal choice and Sen's critics; II Testing Sen's independence claim, the third and final part; III Violating self-goal choice: an assessment; Conclusion; Note; Conclusion; References; Index
Series Title: Routledge INEM advances in economic methodology, 20.
Responsibility: Mark S. Peacock.

Abstract:

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 examplepreference, 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.

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