"The whole breadth of reason": a step towards rethinking economics and rationality
AbstractThe paper, which acts as an introduction to the Special Issue devoted to ‘‘The whole breadth of reason’’, addresses the topic of economic rationality and discusses its strengths and weaknesses within an interdisciplinary perspective highlighting the relational dimension of agents and actions. Exiting the cage of homo economicus, we critically discuss both behavioral economics and neuro economics approaches, showing that they are not immune from limitations due to both dubious technical procedures and fragile epistemological foundations. When taking rational decision under structural uncertainty, human beings rely on default practices which are inherently developed and dynamically adapted within a community of concrete individuals; they also tend to provide persuasive justification of one’s belief to other people. The paper concludes that rationality is a powerful tool, within a relational, dynamic, realistic and ‘whole’ anthropology.
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Bibliographic InfoArticle provided by Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore in its journal Rivista Internazionale di Scienze Sociali.
Volume (Year): 120 (2012)
Issue (Month): 3 ()
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rationality; uncertainty; relations;
Find related papers by JEL classification:
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
- D03 - Microeconomics - - General - - - Behavioral Economics; Underlying Principles
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
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