In this paper, I review the literature on rational choice theory (RCT) to scrutinize a number of
criticisms that philosophers have voiced against its usefulness in economics. The paper has …

Theories of rational choice are arguably the most prominent approaches to human
behaviour in the social and behavioral sciences. At the same time, they have faced …

Parochial altruism (PA), or ingroup favoritism paired with outgroup hostility, is sometimes
treated as a synonym for human intergroup relations. However, empirical data suggest that …

This is a collection of essays on the concept and role of preferences and desires in practical
reasoning. The major part of the book consists of thir? teen full-length articles, to each of …

This paper introduces the notion of 'cognitive'institution and discusses its relevance to
institutional economics. Cognitive institutions are conceptually founded on the philosophy of …

The critics of rational choice theory (RCT) frequently build on the contrast between so-called
thick and thin applications of RCT to argue that thin RCT lacks the potential to explain the …

This paper defends revealed preference theory against a pervasive line of criticism,
according to which revealed preference methodology relies on appealing to some mental …

Daniel M. Hausman holds that preferences in economics are total subjective comparative
evaluations—subjective judgments to the effect that something is better than something else …

For most of its history, decision theory has investigated the rational choices of humans under
the assumption of static preferences. Human preferences, however, change. In recent years …

ABSTRACT A common narrative among some behavioural economists and policy makers is
that experimental psychology highlights that individuals are more like Homer Simpson than …