IDEAS home Printed from https://ideas.repec.org/a/spr/qualqt/v55y2021i3d10.1007_s11135-020-01033-2.html
   My bibliography  Save this article

Quantities from qualities: a method for deciphering development dissonance

Author

Listed:
  • Siddharth Singh

    (Banaras Hindu University)

Abstract

The economic principles formulated for a Rational Man does not fit in the real world. These have led to conclusions that are far away from reality and do not provide real life solutions. The present research work has been built on the premise of ‘Contextual’ Development of the region according to the wishes and aspirations of the local people. The Ontological belief is based on Truth that has a ‘Perspective’ and is ‘Contextual’. The Economic Actor tries to act in accordance with the prescribed Ideal Value for the society but in reality the Economic Actor reaches at some Achieved value. The difference is referred to as ‘Value Dissonance’. Given the Value Dissonance the standard ‘Development Dissonance’ is determined. Through the interrelationships of Impulses and Action Tendencies in a medium an economic actor reaches at a ‘Satisficing’ goal that reduces the dissonance. A method has been developed to capture the dissonance and for quantification of qualitative data. The method has been experimented with the representative case of Adventure Sports. The data is collected by organizing discussion with the respondents in their natural setting and coding the data through a coding scheme. The conclusion derived is at three levels- the Universal Solution, the ‘Satisficing’ solution for Many and the ‘Satisficing’ solution to All. At the policy level the future policy implications and the need for the changes regarding the representative case is depicted. A strategy to increase pleasure is one that reduces Dissonance. Therefore, the developmental policy should aim to reduce Dissonance.

Suggested Citation

  • Siddharth Singh, 2021. "Quantities from qualities: a method for deciphering development dissonance," Quality & Quantity: International Journal of Methodology, Springer, vol. 55(3), pages 945-968, June.
  • Handle: RePEc:spr:qualqt:v:55:y:2021:i:3:d:10.1007_s11135-020-01033-2
    DOI: 10.1007/s11135-020-01033-2
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11135-020-01033-2
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s11135-020-01033-2?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Stephen P. Dunn, 2001. "Bounded Rationality Is Not Fundamental Uncertainty: A Post Keynesian Perspective," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 23(4), pages 567-587, July.
    2. John Conlisk, 1996. "Why Bounded Rationality?," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 669-700, June.
    3. David Dequech, 2001. "Bounded Rationality, Institutions, and Uncertainty," Journal of Economic Issues, Taylor & Francis Journals, vol. 35(4), pages 911-929, December.
    4. T. Krishna Kumar & Joseph M. Markmann, 2011. "Importance of Non-parametric Density Estimation in Econometrics with Illustrations," Journal of Quantitative Economics, The Indian Econometric Society, vol. 9(1), pages 18-40.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bronk, Richard & Jacoby, Wade, 2016. "Uncertainty and the dangers of monocultures in regulation, analysis, and practice," MPIfG Discussion Paper 16/6, Max Planck Institute for the Study of Societies.
    2. Hearnshaw, Edward J.S. & Cullen, Ross & Hughey, Kenneth F.D., 2006. "An Emergent Economics of Ecosystem Management," 2006 Conference, August 24-25, 2006, Nelson, New Zealand 31957, New Zealand Agricultural and Resource Economics Society.
    3. Jorge Garcia-Arias & Eduardo Fernandez-Huerga & Ana Salvador, 2013. "European Periphery Crises, International Financial Markets, and Democracy," American Journal of Economics and Sociology, Wiley Blackwell, vol. 72(4), pages 826-850, October.
    4. Finn Olesen, 2010. "Uncertainty, bounded rationality and post-Keynesian Macroeconomics," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 7(1), pages 109-124.
    5. Yew-Kwang Ng & Xiaokai Yang, 2005. "Specialization, Information, And Growth: A Sequential Equilibrium Analysis," World Scientific Book Chapters, in: An Inframarginal Approach To Trade Theory, chapter 20, pages 447-474, World Scientific Publishing Co. Pte. Ltd..
    6. Todd D. Gerarden & Richard G. Newell & Robert N. Stavins, 2017. "Assessing the Energy-Efficiency Gap," Journal of Economic Literature, American Economic Association, vol. 55(4), pages 1486-1525, December.
    7. Matteo Richiardi, 2003. "The Promises and Perils of Agent-Based Computational Economics," LABORatorio R. Revelli Working Papers Series 29, LABORatorio R. Revelli, Centre for Employment Studies.
    8. Graham Elliott & Ivana Komunjer & Allan Timmermann, 2008. "Biases in Macroeconomic Forecasts: Irrationality or Asymmetric Loss?," Journal of the European Economic Association, MIT Press, vol. 6(1), pages 122-157, March.
    9. Yousaf, Imran & Youssef, Manel & Goodell, John W., 2022. "Quantile connectedness between sentiment and financial markets: Evidence from the S&P 500 twitter sentiment index," International Review of Financial Analysis, Elsevier, vol. 83(C).
    10. Michel S. Zouboulakis & John Kamarianos, 2002. "Racionalidad y cooperación entre firmas. Examen del comportamiento habitual de las industrias griegas," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 4(7), pages 98-113, July-Dece.
    11. Sanstad, Alan H. & DeCanio, Stephen J. & Boyd, Gale A. & Koomey, Jonathan G., 2001. "Estimating bounds on the economy-wide effects of the CEF policy scenarios," Energy Policy, Elsevier, vol. 29(14), pages 1299-1311, November.
    12. DeCanio, Stephen J. & Watkins, William E., 1998. "Information processing and organizational structure," Journal of Economic Behavior & Organization, Elsevier, vol. 36(3), pages 275-294, August.
    13. Dohmen, Thomas & Falk, Armin & Huffman, David & Marklein, Felix & Sunde, Uwe, 2009. "Biased probability judgment: Evidence of incidence and relationship to economic outcomes from a representative sample," Journal of Economic Behavior & Organization, Elsevier, vol. 72(3), pages 903-915, December.
    14. Mukdad Ibrahim, 2016. "Bounded Rationality and Budgeting," International Review of Management and Marketing, Econjournals, vol. 6(4), pages 755-760.
    15. Gordon Burt, 1997. "Cultural Convergence in Historical Cultural Space-Time," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 21(4), pages 291-305, December.
    16. Stefano DellaVigna, 2009. "Psychology and Economics: Evidence from the Field," Journal of Economic Literature, American Economic Association, vol. 47(2), pages 315-372, June.
    17. Jesper Breinbjerg & Alexander Sebald & Lars Peter Østerdal, 2016. "Strategic behavior and social outcomes in a bottleneck queue: experimental evidence," Review of Economic Design, Springer;Society for Economic Design, vol. 20(3), pages 207-236, September.
    18. Eduardo Fajnzylber & Gonzalo Reyes, 2015. "Knowledge, Information, and Retirement Saving Decisions: Evidence from a Large-Scale Intervention in Chile," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Spring 20), pages 83-117, February.
    19. Stephan Schulmeister, 2000. "Technical Analysis and Exchange Rate Dynamics," WIFO Studies, WIFO, number 25857, April.
    20. Sent, Esther-Mirjam, 2004. "The legacy of Herbert Simon in game theory," Journal of Economic Behavior & Organization, Elsevier, vol. 53(3), pages 303-317, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:qualqt:v:55:y:2021:i:3:d:10.1007_s11135-020-01033-2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.