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05-04 "Rationality and Humanity: A View from Feminist Economics"

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Julie A. Nelson

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Abstract

Does 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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Paper provided by GDAE, Tufts University in its series GDAE Working Papers with number 05-04.

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Handle: RePEc:dae:daepap:05-04

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Robert Barsky & Lutz Kilian, 2004. "Oil and the Macroeconomy Since the 1970s," NBER Working Papers 10855, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  2. Nancy Folbre & Julie A. Nelson, 2000. "For Love or Money--Or Both?," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 123-140, Fall. [Downloadable!] (restricted)
  3. Julie A. Nelson, 1999. "Of Markets And Martyrs: Is It OK To Pay Well For Care?," Feminist Economics, Taylor and Francis Journals, vol. 5(3), pages 43-59, November. [Downloadable!] (restricted)
  4. Anthony Heyes, 2003. "The Economics of Vocation or Why is a Badly Paid Nurse a Good Nurse?," Royal Holloway, University of London: Discussion Papers in Economics 03/4, Department of Economics, Royal Holloway University of London, revised Dec 2003. [Downloadable!]
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  5. Persky, Joseph, 1995. "The Ethology of Homo Economicus," Journal of Economic Perspectives, American Economic Association, vol. 9(2), pages 221-31, Spring. [Downloadable!] (restricted)
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This page was last updated on 2009-11-1.


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