Revealed Preference and External Reference  

Oleh:

Dowding, Keith

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Rationality and Society vol. 14 no. 3 (Agu. 2002), page 259-284.
Topik: Amartya Sen; externalism; rational choice; revealed preference; utility
Fulltext: 259RS143.pdf (176.27KB)

Isi artikel

Amartya Sen claims that the standard axioms of rational choice theory are not subject to `internal consistency'. That is, in order to discover whether someone behaves inconsistently or irrationally one must look beyond the choice function to the actors' motivations. This is true. Intentional explanations require reference to the environment or context in which choice takes place. However, rather than being inconsistent with standard von NeumannMorgernstern accounts of utility and with revealed preference analysis, as Sen maintains, such externalist arguments show the standard accounts are necessary for intentional explanation.

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