05-04 "Rationality and Humanity: A View from Feminist Economics"
AbstractDoes Rational Choice Theory (RCT) have something important to contribute to the humanities? Jon Elster and others answer affirmatively, arguing that RCT is a powerful tool that will lend clarity and rigor to work in the humanities just as it (presumably) has in economics. This essay examines the disciplinary values according to which the application of RCT in economics has been judged a “success,” and suggests that this value system does not deserve general approbation. Richness and realism must be retained as important values alongside precision and elegance, if anti-scientific dogmatism and absurd conclusions are to be avoided.
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Bibliographic InfoPaper provided by GDAE, Tufts University in its series GDAE Working Papers with number 05-04.
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-05-29 (All new papers)
- NEP-DCM-2005-05-29 (Discrete Choice Models)
- NEP-HIS-2005-05-29 (Business, Economic & Financial History)
- NEP-HPE-2005-05-29 (History & Philosophy of Economics)
- NEP-PKE-2005-05-29 (Post Keynesian Economics)
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