Extending the rational choice model from the economy to society

Economy and Society

Volumn 29, Issue 2, 2000, Pages 181-206

  Zafirovski, Milan ^a  

^a FLORIDA INTERNATIONAL UNIVERSITY   (United States)

Author keywords

Economics; Society; Sociology; The economy; The rational choice model

Indexed keywords

EID: 0039840362     PISSN: 03085147     EISSN: None     Source Type: Journal    
DOI: 10.1080/030851400360460     Document Type: Article

References (140)

1. Abell, P. (1989) 'Games in networks: a sociological theory of voluntary associations', Rationality and Society 1(2): 259-82.
2. _ (1992) 'Is rational choice theory a rational choice of theory?', in J. Coleman and T. Fararo (eds) Rational Choice Theory: Advocacy and Critique. Newbury Park, CA: Sage, pp. 189-203.
3. Ackerman, F. (1997) 'Consumed in theory: alternative perspectives on the economics of consumption', Journal of Economic Issues 31(3): 651-64.
4. Alexander, J. (1982) Theoretical Logic in Sociology, Berkeley, CA: University of California Press.
5. _ (1990) 'Commentary: structure, value, action', American Sociological Review 55(3): 339-45.
6. Arrow K. (1950) 'A difficulty in the concept of social welfare', Journal of Political Economy 58(4): 328-46.
7. _ (1997) 'Invaluable goods', Journal of Economic Literature 35(2): 757-65.
8. _ (1998) 'What has economics to say about racial discrimination?', Journal of Economic Perspectives 12(2): 91-100.
9. Baxter, J. (1993) Behavioural Foundations of Economics, London: St. Martin's Press.
10. Becker, G. (1993) 'Nobel lecture: the economic way of looking at behavior', Journal of Political Economy 101(3): 385-409.
11. _ (1996) Accounting for Tastes, Cambridge, MA: Harvard University Press.
12. Blinder, A. (1997) 'What central bankers could learn from academics - and vice versa', The Journal of Economic Perspectives 11(2): 3-19.
13. Bonham, J. (1992) 'The limits of rational choice explanation', in James Coleman and Thomas Fararo (eds) Rational Choice Theory: Advocacy and Critique, Newbury Park, CA: Sage, pp. 208-27.
14. Boudon, R. (1982) The Unintended Consequences of Social Action, New York: St. Martin's Press.
15. _ (1989) 'Subjective rationality and the explanation of social behavior', Rationality and Society 1(2): 173-96.
16. _ (1998) 'Limitations of rational choice theory', American Journal of Sociology 104(3): 817-26.
17. Boulding, K. (1970) Economics as a Science, New York: McGraw-Hill.
18. Bowles, S. (1998) 'Endogenous preferences: the cultural consequences of markets and other economic institutions', Journal of Economic Literature 36(1): 75-111.
19. Brandstatter, H. and Guth, W. (eds) (1994) Essays on Economic Psychology, Berlin: Springer-Verlag.
20. Buchanan, J. (1991a) Constitutional Economics, London: Blackwell.
21. _ (1991b) The Economics and the Ethics of Constitutional Order, Ann Arbor, MI: University of Michigan Press.
22. Clark, J. M. (1918) 'Economics and modern psychology', Journal of Political Economy 26(1-2): 1-30; 136-66.
23. Coleman, J. (1986) Individual Interests and Collective Action: Selected Essays, Cambridge: Cambridge University Press.
24. _ (1988) 'Social capital in the creation of human capital', American Journal of Sociology 94(S): S95-120.
25. _ (1990) Foundations of Social Theory, Cambridge, MA: The Belknap Press of Harvard University Press.
26. _ (1993) 'Rational reconstruction of society', American Sociological Review 58(1): 1-15.
27. _ (1994) 'A rational choice perspective on economic sociology', in N. Smelser and R. Swedberg (eds) The Handbook of Economic Sociology, Princeton, NJ: Princeton University Press, pp. 166-82.
28. Coleman, J. and Fararo, T. (1992) 'Rational choice theory in sociology', in J. Coleman and T. Fararo (eds) Rational Choice Theory: Advocacy and Critique, Newbury Park, CA: Sage, pp. iii-xix.
29. Conlisk, J. (1996) 'Why bounded rationality?', Journal of Economic Literature 34(2): 669-700.
30. Curtis, R. (1986) 'Household and family in theory of inequality', American Sociological Review 51(3): 168-83.
31. Dore, R. (1992) 'Goodwill and the spirit of market capitalism', in M. Granovetter and R. Swedberg (eds) The Sociology of Economic Life, Boulder, CO: Westview Press, pp. 158-80.
32. Downs, A. (1957) An Economic Theory of Democracy, New York: Harper & Row.
33. Dunning, J. (1997) 'Governments and the macro-organization of economic activity: an historical and spatial perspective', Review of International Political Economy 4(1): 42-86.
34. Durkheim, E. (1964) The Division of Labor in Society, New York: The Free Press.
35. _ (1966) The Rules of Sociological Method, New York: The Free Press.
36. Eichenbaum, M. (1997) 'Some thoughts on practical stabilization policy', American Economic Review 87(2): 236-9.
37. Elster, J. (1989) The Cement of Society: A Study of Social Order, Cambridge: Cambridge University Press.
38. _ (1998) 'Emotions and economic theory', Journal of Economic Literature 36(1): 47-74.
39. Emerson, R. (1976) 'Social exchange theory', Annual Review of Sociology 2: 335-62.
40. Etzioni, Amitai (1988) The Moral Dimension: Toward a New Economics, New York: The Free Press
41. _ (1991) 'Socio-economics: a budding challenge', in A. Etzioni and P. Lawrence (eds) Socio-Economics: Towards a New Synthesis, New York: M. E. Sharpe, pp. 1-7.
42. Fararo, T. (1989) The Meaning of General Theoretical Sociology: Tradition and Formalization, Cambridge: Cambridge University Press.
43. _ (1993) 'General social equilibrium: toward theoretical synthesis', Sociological Theory 11(3): 291-313.
44. Favell A. (1993) 'James Coleman: social theorist or moral philosopher?', American Journal of Sociology 99(3): 590-613.
45. Ferejohn, J. (1991) 'Rationality and interpretation: parliamentary elections in early Stuart England', in K. Monroe (ed.) The Economic Approach to Politics: A Critical Reassessment of the Theory of Rational Action, New York: HarperCollins, pp. 279-305.
46. Frank, R. (1996) 'The political economy of preference falsification: Kuran's private truths, public lies', Journal of Economic Literature 34(1): 115-23.
47. Frey, B. (1997) 'Rational choice in religion - and beyond', Journal of Institutional and Theoretical Economics 153(1): 279-84.
48. Frey, B. and Oberholzer-Gee, F. (1997) 'The cost of price incentives: an empirical analysis of motivation crowding-out', American Economic Review 87(4): 746-55.
49. Friedland, R. and Robertson, A. (eds) (1990) Beyond the Marketplace: Rethinking Economy and Society, New York: Aldine de Gruyter.
50. Friedman, J. (1995) 'Introduction: economic approaches to politics', in J. Friedman (ed.) The Rational Choice Controversy: Economic Models of Politics Reconsidered, New Haven, CT: Yale University Press, pp. 1-24.
51. Friedman, M. (1976) Price Theory, Chicago: Aldine.
52. Frohock, F. (1987) Rational Association, Syracuse, NY: Syracuse University Press.
53. Galbraith, J. (1997) 'Time to ditch the NAIRU', Journal of Economic Perspectives 11(1): 93-108.
54. Giddens, A. (1984) The Constitution of Society: Outline of the Theory of Structuration, Berkeley: University of California Press.
55. Goldthorpe, J. (1998) 'Rational action theory for sociology', British Journal of Sociology 49(2): 167-92.
56. Gordon, R. (1997) 'The time-varying NAIRU and its implications for economic policy', Journal of Economic Perspectives 11(1): 11-32.
57. Grafstein, R. (1992) Institutional Realism: Social and Political Constraints on Rational Actors, New Haven, CT: Yale University Press.
58. Granovetter, M. (1985) 'Economic action and social structure: the problem of embeddedness', American Journal of Sociology 91(3): 481-510.
59. Green, D. and Shapiro, I. (1994) Pathologies of Rational Choice Theory: A Critique of Applications in Political Science, New Haven, CT: Yale University Press.
60. Haavelmo, T. (1997) 'Econometrics and the welfare state', American Economic Review 87(S): 13-5.
61. Hannan, M. (1992) 'Rationality and robustness in multilevel systems', in J. Coleman and T. Fararo (eds) Rational Choice Theory: Advocacy and Critique, Newbury Park, CA: Sage, pp. 120-38.
62. Hardin, R. (1997) 'The economics of religious belief', Journal of Institutional and Theoretical Economics 153(1): 259-78.
63. Harrod, R. (1956) Towards a Dynamic Economics, London: Macmillan.
64. Harsanyi, J. (1977) 'Morality and the theory of rational behavior', Social Research 44(4): 623-56.
65. Hechter, M. (1990) 'The attainment of solidarity in intentional communities', Rationality and Society 2(2): 142-55.
66. _ (1992) 'Should values be written out of the social scientist's lexicon?', Sociological Theory 10(2): 214-30.
67. Hechter, M. and Kanazawa, S. (1997) 'Sociological rational choice theory', The Annual Review of Sociology 23: 191-214.
68. Hirsch, P., Michels, S. and Friedman, R. (1987) 'Clean models vs. dirty hands: why economics is different from sociology', Theory and Society 16: 317-36.
69. Hirschleifer, J. (1985) 'The expanding domain of economics', American Economic Review 75(6): 53-68.
70. Hodgson, G. (1998) 'The approach of institutional economics', Journal of Economic Literature 36(1): 166-92.
71. Homans, G. (1961) Social Behavior: Its Elementary Forms, New York: Harcourt, Brace & World.
72. Iannaccone, L. (1998) 'Introduction to the economics of religion', Journal of Economic Literature 36(3): 1465-95.
73. Kelman, M. (1997) 'Sunstein, Cass: Free Markets and Social Justice - a review', Journal of Economic Literature 35(4): 2049-50.
74. Keynes, J. M. (1966) 'Alfred Marshall, 1842-1924', in A. Pigou (ed.) Memorials of Alfred Marshall, New York: Augustus M. Kelley, pp. 1-65.
75. _ (1972) Essays in Persuasion: The Collected Writings, Vol. IX, London: Macmillan St. Martin's Press.
76. Kirzner, I. (1992) The Meaning of Market Process: Essays in the Development of Modern Austrian Economics, London: Routledge.
77. _ (1997) 'Entrepreneurial discovery and the competitive market process: an Austrian approach', Journal of Economic Literature 35(1): 60-85.
78. Knapp, P. (1990) 'The revival of macrosociology: methodological issues of discontinuity in comparative-historical theory', Sociological Forum 5(4): 545-67.
79. Knight, F. (1964) Risk, Uncertainty and Profit, New York: A. M. Kelley.
80. Knoke, D. (1988) 'Incentives in collective action organizations', American Sociological Review 53(3): 311-29.
81. Kreps, D. (1997) 'Intrinsic motivation and extrinsic incentives', American Economic Review 87(2): 359-64.
82. Lewin, S. (1996) 'Economics and psychology: lessons for our own day from the early twentieth century', Journal of Economic Literature 34(3): 1293-323.
83. Lindenberg, S. (1992) 'The method of decreasing abstraction', in J. Coleman and T. Fararo (eds) Rational Choice Theory: Advocacy and Critique, Newbury Park, CA: Sage, pp. 3-20.
84. Luhmann, N. (1995) Social Systems, Stanford, CA: Stanford University Press.
85. Mailath, G. (1998) 'Do people play Nash equilibrium? Lessons from evolutionary game theory', Journal of Economic Literature 36(3): 1347-74.
86. Manin, B. (1994) 'The metamorphoses of representative government', Economy and Society 23(2): 133-71.
87. Margolis, H. (1982) Selfishness, Altruism, and Rationality: A Theory of Social Choice, Cambridge: Cambridge University Press.
88. Marini, M. (1992) 'Role of models of purposive action in sociology', in J. Coleman and T. Fararo (eds) Rational Choice Theory: Advocacy and Critique, Newbury Park, CA: Sage, pp. 21-44.
89. Mill, J. S. (1968) Essays on Some Unsettled Questions of Political Economy, New York: Augustus Kelley.
90. Miller, G. (1997) 'The impact of economics on contemporary political science', Journal of Economic Literature 35(3): 1173-204.
91. Mises, L. von. (1966) Human Action: A Treatise on Economics, Chicago: Henry Regnery.
92. Mitchell, J. (1978) Social Exchange, Dramaturgy and Ethnomethodology: Toward a Paradigmatic Synthesis, New York and Oxford: Elsevier.
93. Mueller, D. (1996) Constitutional Democracy, New York: Oxford University Press.
94. _ (ed.) (1997) Perspectives on Public Choice: A Handbook, Cambridge: Cambridge University Press.
95. Munch, R. (1992) 'Rational choice theory: a critical assessment of its explanatory power', in J. Coleman and T. Fararo (eds) Rational Choice Theory: Advocacy and Critique, Newbury Park, CA: Sage, pp. 139-63.
96. Musgrave, R. (1997) 'Reconsidering the fiscal role of government', American Economic Review 87(2): 156-68.
97. Opp, K. (1989) The Rationality of Political Protest: A Comparative Analysis of Rational Choice Theory, Boulder, CO: Westview Press.
98. Palfrey, T. and Prisbrey, J. (1997) 'Anomalous behavior in public goods experiments: how much and why?', American Economic Review 87(5): 829-46.
99. Pareto, V. (1927) Manuel d'économie politique, Paris: Marcel Girard.
100. _ (1932) Traite de sociologie générale, Paris: Payot.
101. Parsons, T. (1947) Introduction to Max Weber: The Theory of Social and Economic Organization, New York: The Free Press, pp. 3-86.
102. _ (1967 [1937]) The Structure of Social Action: A Study in Social Theory with Special Reference to a Group of Recent European Writers, New York: The Free Press.
103. _ (1990) 'Prolegomena for a theory of social institutions', American Sociological Review 55(3): 319-33.
104. Parsons, T. and Smelser, N. (1965) Economy and Society: A Study in the Integration of Economic and Social Theory, New York: The Free Press.
105. Pirker, R. and Rauchenschwandnter, H. (1998) 'Sense of community - a fundamental concept of institutional economics', Journal of Theoretical and Institutional Economics 154(2): 406-21.
106. Podolny, J. and Baron, J. (1997) 'Resources and relationships: social networks and mobility in the workplace', American Sociological Review 62(5): 673-93.
107. Pope, W. (1973) 'Classic on classic: Parsons' interpretation of Durkheim', American Sociological Review 38(4): 399-415.
108. Rabin, M. (1997) 'Arrow, Kenneth, Enrico Colombato, Mark Pearlman, and Christian Schmidt (eds.), The Rational Foundations of Eonomic Behavior - a review article', Journal of Economic Literature 35(4): 2045-6.
109. Rambo, Eric (1995) 'Conceiving best outcomes within a theory of utility maximization: a culture-level critique', Sociological Theory 13(2): 145-60.
110. Ritzer, G. (1990) 'The current status of sociological theory: the new synthesis', in G. Ritzer (ed.) Frontiers of Social Theory: The New Synthesis. New York: Columbia University Press, pp. 3-38.
111. Samuelson, P. (1983) Foundations of Economic Analysis, Cambridge, MA: Harvard University Press.
112. Say, J. B. (1852) Cours complet d'économie politique pratique, Paris: Guillaumin.
113. Schumpeter, J. (1950) Capitalism, Socialism and Democracy, New York: Harper.
114. _ (1951) Essays on Economic Topics, Port Washington: Kennikat Press.
115. _ (1954) History of Economic Analysis, New York: Oxford University Press.
116. _ (1991) The Economics and Sociology of Capitalism, Princeton, NJ: Princeton University Press.
117. Sciulli, D. (1992) 'Weaknesses in rational choice theory's contribution to comparative research', in J. Coleman and T. Fararo (eds) Rational Choice Theory: Advocacy and Critique, Newbury Park, CA: Sage, pp. 164-88.
118. Sen, A. (1985) 'Goals, commitment and identity', Journal of Law and Economic Organization 1(2): 341-55.
119. Sen, A. and Williams, B. (1982) 'Introduction: utilitarianism and beyond', in A. Sen and B. Williams (eds) Utilitarianism and Beyond, Cambridge: Cambridge University Press, pp. 1-22.
120. Simon, H. (1976) Administrative Behavior: A Study of Decision-Making Processes in Administrative Organization, New York: The Free Press.
121. Sklair, L. (1997) 'The nature and significance of economic sociology', Review of International Political Economy 4(1): 239-47.
122. Slote, M. (1989) Beyond Optimizing: A Study of RC, Cambridge, MA: Harvard University Press.
123. Solow R. (1990) 'Commentary', in R. Swedberg (ed.) Economics and Sociology: Redefining their Boundaries: Conversations with Economists and Sociologists, Princeton, NJ: Princeton University Press, pp. 275-82.
124. _ (1997) 'Is there a core of usable macroeconomics we should all believe in?', American Economic Review 87(2): 230-2.
125. Stigler, G. (1984) 'Economics - the imperial science?', The Scandinavian Journal of 'Economics 86: 301-13.
126. Stigler G. and Becker, G. (1977) 'De gustibus non est disputandum', American Economic Review 67(2): 76-90.
127. Sugden, R. (1985) 'Consistent conjectures and voluntary contributions to public goods', Journal of Political Economy 27(2): 117-24.
128. _ (1991) 'Rational choice: a survey of contributions from economics and philosophy', Economic Journal 101(407): 751-85.
129. Swedberg, R. (1998) Max Weber and the Idea of Economic Sociology, Princeton, NJ: Princeton University Press.
130. Thaler, R. (1991) Quasi-Rational Economics, New York: Russell Sage Foundation.
131. Turner, S. (1991) 'Rationality today', Sociological Theory 9(2): 191-4.
132. Tversky, A., Sattath, S. and Slovic, P. (1988) 'Contingent weighing in judgment and choice', Psychological Review 95: 371-84.
133. Veblen, T. (1919) The Place of Science in Modern Civilization and Other Essays, New York: Huebsch.
134. Weber, M. (1949) The Methodology of the Social Sciences, New York: The Free Press.
135. _ (1968) Economy and Society: An Outline of Interpretative Sociology, New York: Bedminster Press.
136. _ (1976) The Protestant Ethic and the Spirit of Capitalism, New York: Charles Scribner's Sons.
137. _ (1977) Critique of Stammler, New York: The Free Press.
138. Williamson, O. (1983) 'Credible commitments: using hostages to support exchange', American Economic Review 73(4): 519-40.
139. Young, P. (1996) 'The economics of convention', Journal of Economic Perspectives 10(2): 105-22.
140. Yeager, L. (1997) 'Austrian economics, neoclassicism, and the market test', Journal of Economic Perspectives 11(4): 153-66.