BEYOND RATIONAL CHOICE: ELEMENTS OF THE "THEORY OF IRRATIONAL CHOICE"
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BEYOND RATIONAL CHOICE: ELEMENTS OF THE "THEORY OF IRRATIONAL CHOICE"
Annotation
PII
S0132-16250000392-7-1
Publication type
Article
Status
Published
Pages
19-28
Abstract
The dominant ideas that classical and neoclassical Economics contain only the foundations of rational choice theory, which is an economic model for a person and society, are revised. According to the author, elements and conclusions of the alternative “theory of irrational choice” coexist with elements of the theory of rational choice. Outlines of the theory of irrational choice in classical and neoclassical Economics are presented. The article allows us to understand the relationship between the traditional and modern economic and sociological theory of rational choice and its alternative.
Keywords
economic sociology, Economics and society, irrational choice, irrational choice theory, rational choice theory
Date of publication
01.03.2014
Number of purchasers
1
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515
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