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Preferences, Institutions, and Rational Choice

Preferences, Institutions, and Rational Choice
Author: Keith M. Dowding
Publisher:
Total Pages: 314
Release: 1995
Genre: Education
ISBN:

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Rational choice theory has gained considerable influence in politics and sociology over the past thirty years; the use of rational choice methods has proliferated in all areas of social inquiry. From the early days of formal proofs and unrealistic assumptions, rational choice is increasingly being used to model authentic situations and institutions. The collection of essays from leading British writers in the rational choice paradigm concentrates upon the two key aspects of rational choice: the role of preferences and institutions.


Preferences and Situations

Preferences and Situations
Author: Ira Katznelson
Publisher: Russell Sage Foundation
Total Pages: 356
Release: 2005-09-08
Genre: Political Science
ISBN: 1610443330

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A scholarly gulf has tended to divide historians, political scientists, and social movement theorists on how people develop and act on their preferences. Rational choice scholars assumed that people—regardless of the time and place in which they live—try to achieve certain goals, like maximizing their personal wealth or power. In contrast, comparative historical scholars have emphasized historical context in explaining people's behavior. Recently, a common emphasis on how institutions—such as unions or governments—influence people's preferences in particular situations has emerged, promising to narrow the divide between the two intellectual camps. In Preferences and Situations, editors Ira Katnelson and Barry Weingast seek to expand that common ground by bringing together an esteemed group of contributors to address the ways in which institutions, in their wider historical setting, induce people to behave in certain ways and steer the course of history. The contributors examine a diverse group of topics to assess the role that institutions play in shaping people's preferences and decision-making. For example, Margaret Levi studies two labor unions to determine how organizational preferences are established. She discusses how the individual preferences of leaders crystallize and become cemented into an institutional culture through formal rules and informal communication. To explore how preferences alter with time, David Brady, John Ferejohn, and Jeremy Pope examine why civil rights legislation that failed to garner sufficient support in previous decades came to pass Congress in 1964. Ira Katznelson reaches back to the 13th century to discuss how the institutional development of Parliament after the signing of the Magna Carta led King Edward I to reframe the view of the British crown toward Jews and expel them in 1290. The essays in this book focus on preference formation and change, revealing a great deal of overlap between two schools of thought that were previously considered mutually exclusive. Though the scholarly debate over the merits of historical versus rational choice institutionalism will surely rage on, Preferences and Situations reveals how each field can be enriched by the other.


Political Choice

Political Choice
Author: Roland M Czada
Publisher: Routledge
Total Pages: 227
Release: 2019-07-11
Genre: Political Science
ISBN: 1000307166

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This book, subtitled "political actors in institutional settings", addresses the main lines of reasoning of the new political institutionalism and rational choice theory. It discusses the question: Which particular rules, logics, or strategies of action can be found in the realm of politics?


Institutions and Political Choice

Institutions and Political Choice
Author: Roland M. Czada
Publisher: Vu University Press
Total Pages: 304
Release: 1998
Genre: Philosophy
ISBN:

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Choice, Preferences, and Procedures

Choice, Preferences, and Procedures
Author: Kotaro Suzumura
Publisher: Harvard University Press
Total Pages: 806
Release: 2016-06-06
Genre: Business & Economics
ISBN: 0674727444

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Kotaro Suzumura is one of the world’s foremost thinkers in social choice theory and welfare economics. Bringing together essays that have become classics in the field, Choice, Preferences, and Procedures examines foundational issues of normative economics and collective decision making. Social choice theory seeks to critically assess and rationally design economic mechanisms for improving human life. An important part of Suzumura’s contribution over the past forty years has entailed fusion of abstract microeconomic ideas with an understanding of real-world economies in a coherent analysis. This volume of selected essays reveals the evolution of Suzumura’s thinking over his career. Groundbreaking papers explore the nature of individual and social choice and the idea of assigning value to freedom of choice, different forms of rationality, and concepts of individual rights, equity, and fairness. Suzumura elucidates his innovative approach for recognizing interpersonal comparisons in the vein of Adam Smith’s notion of sympathy and expounds the effect of paying due attention to nonconsequential features, such as the opportunity to choose and the procedure for decision making, along with the standard consequential features. Analyzing the role of economic competition, Suzumura points out how restricting competition may, in some circumstances, improve social welfare. This is not to recommend government regulation rather than market competition but to emphasize the importance of procedural features in a competitive context. He concludes with illuminating essays on the history of economic thought, focusing on the ideas of Vilfredo Pareto, Arthur Pigou, John Hicks, and Paul Samuelson.


Politics from Anarchy to Democracy

Politics from Anarchy to Democracy
Author: Irwin Lester Morris
Publisher: Stanford University Press
Total Pages: 260
Release: 2004
Genre: Political Science
ISBN: 9780804745840

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Although the study of politics dates to ancient Greece, the basic questions that interested those earliest political scientists still linger with us today: What are the origins of government? What should government do? What conditions foster effective governance? Rational choice theory offers a new means for developing correctable answers to these questions. This volume illustrates the promise of rational choice theory and demonstrates how theory can help us develop interesting, fresh conclusions about the fundamental processes of politics. Each of the book’s three sections begins with a pedagogical overview that is accessible to those with little knowledge of rational choice theory. The first group of essays then discusses various ways in which rational choice contributes to our understanding of the foundations of government. The second set focuses on the contributions of rational choice theory to institutional analysis. The final group demonstrates ways in which rational choice theory helps to understand the character of popular government.


Rational Choice Theory and Religion

Rational Choice Theory and Religion
Author: Lawrence A. Young
Publisher: Routledge
Total Pages: 204
Release: 2016-04-29
Genre: Social Science
ISBN: 1134953429

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Rational Choice Theory and Religion considers one of the major developments in the social scientific paradigms that promises to foster a greater theoretical unity among the disciplines of sociology, political science, economics and psychology. Applying the theory of rational choice--the theory that each individual will make her choice to maximize gain and minimize cost--to the study of religion, Lawrence Young has brought together a group of internationally renowned scholars to examine this important development within the field of religion for the first time.


Preferences, Value, Choice, and Welfare

Preferences, Value, Choice, and Welfare
Author: Herbert a Simon and Hilldale Professor Daniel M Hausman
Publisher:
Total Pages: 168
Release: 2014-05-14
Genre:
ISBN: 9781139224758

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This book is about preferences, principally as they figure in economics. It also explores their uses in everyday language and action, how they are understood in psychology and how they figure in philosophical reflection on action and morality. The book clarifies and for the most part defends the way in which economists invoke preferences to explain, predict and assess behavior and outcomes. Hausman argues, however, that the predictions and explanations economists offer rely on theories of preference formation that are in need of further development, and he criticizes attempts to define welfare in terms of preferences and to define preferences in terms of choices or self-interest. The analysis clarifies the relations between rational choice theory and philosophical accounts of human action. The book also assembles the materials out of which models of preference formation and modification can be constructed, and it comments on how reason and emotion shape preferences.


Social Institutions

Social Institutions
Author: Karl-Dieter Opp
Publisher: Routledge
Total Pages: 507
Release: 2018-04-27
Genre: Social Science
ISBN: 1351328786

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This is the first book to present a synthesis of rational choice theory and sociological perspectives for the analysis of social institutions.The origin of social institutions is an old concern in social theory. Currently it has re-emerged as one of the most intensely debated issues in social science. Among economists and rational choice theorists, there is growing awareness that most, if not all, of the social outcomes that are of interest to explain are at least partly a function of institutional constraints. Yet the role of institutions is negligible both in general equilibrium theory and in most neoclassical economic models. There is a burgeoning substantive interest in institutions ranging from social movements, to formal organizations, to states, and even international regimes.Rational choice theorists have made great strides in elucidating the effects of institutions on a variety of social outcomes, but they have paid insufficient attention to the social dynamics that lead to the emergence of these institutions. Typically, these institutions have been assumed to be a given, rather than considered as outcomes requiring explanation in their own right. Sociological theorists, in contrast, have long appreciated the role of social structural constraints in the determination of outcomes but have neglected the role of individual agents.Michael Hechter is professor emeritus in the department of Sociology at the University of Washington. He is the author of numerous books. He became an Elected Fellow to the American Academy of Arts and Sciences in 2004 and has been featured in Who's Who. He is also currently on editorial boards for a numerous amount of journals.Karl-Dieter Opp is professor of sociology at Univesitat Leipzig. He has been a Fellow of the European Academy of Sociology since 1999 and has been member of the Council and Treasurer since 2000. He is also current on the advisory board for the magazine Mind and Society.Reinhard Wippler is professor of theoretical sociology at the University of Utrecht and scientific director of the Interuniversity Center for Sociological Theory and Methodology.