RePEc: Research Papers in Economics · 1991 · 109 citations · 0 references
Social SciencesSociologyBehavioral EconomicsDecision TheoryMoral PsychologyBehavioral Decision-makingBounded RationalityRational ChoiceSocial ScienceDecision-making TheoryRational Decision-making
Modern sociological theory has to a considerable degree been fashioned in reaction to assumptions about human rationality. This important volume argues in favour of re-establishing rather relaxed assumptions of rationality as a basis for building theory. Although such theories often fail, they prove to be more successful in building predictive and deductive models of human affairs than any competing theoretical framework.