Ontological constraints on rational irrationality: the case of electoral preferences
This paper is concerned with Caplan’s (2000, 2001, 2006) rational irrationality model and its application on electoral preference formation. According to this model, individuals consume irrationality in a rational manner i.e. they maximize their total welfare through an exchange between their materi...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2014-11-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1038.pdf
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| _version_ | 1818521360079519744 |
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| author | Mihai UNGUREANU |
| author_facet | Mihai UNGUREANU |
| author_sort | Mihai UNGUREANU |
| collection | DOAJ |
| description | This paper is concerned with Caplan’s (2000, 2001, 2006) rational
irrationality model and its application on electoral preference formation.
According to this model, individuals consume irrationality in a rational manner i.e.
they maximize their total welfare through an exchange between their material and
psychological welfare. Using the contributions of an important debate from the
philosophy of economics regarding the imposition of ontological constraints on
models, unrealistic assumptions and explanatory unification, two arguments are
formulated: First, Caplan’s model is ontologically bewildered – it contains
opposed statements about the psychological descriptiveness of rational
irrationality. Second, even though Caplan is apparently aware of the tension
between ontological and tractability considerations he seems to privilege the latter. |
| first_indexed | 2024-12-11T01:49:58Z |
| format | Article |
| id | doaj.art-e91942c0bf0a445a823519df9a0de334 |
| institution | Directory Open Access Journal |
| issn | 1841-8678 1844-0029 |
| language | English |
| last_indexed | 2024-12-11T01:49:58Z |
| publishDate | 2014-11-01 |
| publisher | General Association of Economists from Romania |
| record_format | Article |
| series | Theoretical and Applied Economics |
| spelling | doaj.art-e91942c0bf0a445a823519df9a0de3342022-12-22T01:24:46ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292014-11-01XXI1110512018418678Ontological constraints on rational irrationality: the case of electoral preferencesMihai UNGUREANU0 National University of Political Studies and Public Administration, Bucharest, Romania This paper is concerned with Caplan’s (2000, 2001, 2006) rational irrationality model and its application on electoral preference formation. According to this model, individuals consume irrationality in a rational manner i.e. they maximize their total welfare through an exchange between their material and psychological welfare. Using the contributions of an important debate from the philosophy of economics regarding the imposition of ontological constraints on models, unrealistic assumptions and explanatory unification, two arguments are formulated: First, Caplan’s model is ontologically bewildered – it contains opposed statements about the psychological descriptiveness of rational irrationality. Second, even though Caplan is apparently aware of the tension between ontological and tractability considerations he seems to privilege the latter. http://store.ectap.ro/articole/1038.pdf rational irrationalityunrealistic assumptionsrealismontological constraintselectoral preferences |
| spellingShingle | Mihai UNGUREANU Ontological constraints on rational irrationality: the case of electoral preferences Theoretical and Applied Economics rational irrationality unrealistic assumptions realism ontological constraints electoral preferences |
| title | Ontological constraints on rational irrationality: the case of electoral preferences |
| title_full | Ontological constraints on rational irrationality: the case of electoral preferences |
| title_fullStr | Ontological constraints on rational irrationality: the case of electoral preferences |
| title_full_unstemmed | Ontological constraints on rational irrationality: the case of electoral preferences |
| title_short | Ontological constraints on rational irrationality: the case of electoral preferences |
| title_sort | ontological constraints on rational irrationality the case of electoral preferences |
| topic | rational irrationality unrealistic assumptions realism ontological constraints electoral preferences |
| url |
http://store.ectap.ro/articole/1038.pdf
|
| work_keys_str_mv | AT mihaiungureanu ontologicalconstraintsonrationalirrationalitythecaseofelectoralpreferences |