The aim of the paper is to develop and formalize Smith's theory of deliberation under social constraints. The paper also explores the implications of Smith's theory for the analysis of choice issues that have been of special interest to economists and moral philosophers. In particular, the paper outlines a formal argument in which Smith's theory is expressed in terms of binary structures conditional upon particular sets of situations. The paper also discussses rationality twists and the possibility of avoiding them if situational constraints are appropriately identified (by the method of circumscription). A discussion of the alternative congruence criteria in Smith's theory of social interaction concludes the paper.
R. Scazzieri (2006). A Smithian Theory of Choice. ADAM SMITH REVIEW, 2, 1-54.
A Smithian Theory of Choice
SCAZZIERI, ROBERTO
2006
Abstract
The aim of the paper is to develop and formalize Smith's theory of deliberation under social constraints. The paper also explores the implications of Smith's theory for the analysis of choice issues that have been of special interest to economists and moral philosophers. In particular, the paper outlines a formal argument in which Smith's theory is expressed in terms of binary structures conditional upon particular sets of situations. The paper also discussses rationality twists and the possibility of avoiding them if situational constraints are appropriately identified (by the method of circumscription). A discussion of the alternative congruence criteria in Smith's theory of social interaction concludes the paper.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
