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Rationality and Humanity: A View from Feminist Economics

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  • Nelson, Julie A.

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.

Suggested Citation

  • Nelson, Julie A., 2005. "Rationality and Humanity: A View from Feminist Economics," Working Papers 15596, Tufts University, Global Development and Environment Institute.
    • Handle: RePEc:ags:tugdwp:15596
    DOI: 10.22004/ag.econ.15596
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    File URL: https://ageconsearch.umn.edu/record/15596/files/wp050004.pdf
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    References listed on IDEAS

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    Cited by:

    1. Altman, Morris, 2014. "Insights from behavioral economics on how labor markets work," Working Paper Series 3466, Victoria University of Wellington, School of Economics and Finance.

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