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New PDF release: Amartya Sen (Contemporary Philosophy in Focus)

By Christopher W. Morris

Amartya Sen was once provided the Nobel Memorial Prize in Economics in 1998 "for his contributions in welfare economics." even supposing his fundamental educational appointments were typically in economics, Sen is additionally an incredible and influential social theorist and thinker. His paintings on social selection thought is seminal, and his writings on poverty, famine, and improvement, to boot his contributions to ethical and political philosophy, are vital and influential. Sen's perspectives in regards to the nature and primacy of liberty additionally make him a massive modern liberal philosopher. This quantity of essays on points of Sen's paintings is aimed toward a large viewers of readers drawn to social thought, political philosophy, ethics, public coverage, welfare economics, the speculation of rational selection, poverty, and improvement. Written via a crew of recognized specialists, every one bankruptcy offers an outline of Sen's paintings in a specific quarter and a serious evaluation of his contributions to the sphere.

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K. (1999). Development as Freedom (New York: Knopf ). Sen, A. K. (2001). “Reply [to Anderson, Pettit, and Scanlon],” Economics & Philosophy, 17, 51–66. Sen, A. K. (2002). Rationality and Freedom (Cambridge, MA: Harvard University Press). 1 Preference, Choice, and Rationality Amartya Sen’s Critique of the Theory of Rational Choice in Economics SHATAKSHEE DHONGDE AND PRASANTA K. PATTANAIK 1. INTRODUCTION The theory of preference and rational choice of individuals constitutes the foundation of much of positive economic theory.

Secondly, it may be thought that, although in general people may not act exclusively to promote their own welfare, self-welfare choice is a plausible hypothesis in “economic contexts,” that is, when making “economic” choices, people always act to maximize their own welfare. This, however, is not a serious objection to Sen’s arguments, as many of the examples that he gives to demonstrate that the behavior of people often deviates from self-welfare choice are “economic” in nature (see, for example, his references to Japanese industrial relations and the monitoring of work efforts in different countries, cited earlier).

One possible way of escape from this problem may be to define the welfare of the agent to be whatever he or she seeks to maximize. If we adopt this suggestion, the problem of the gap between the agent’s choice and his or her welfare that arises when we relax the assumption of self-welfare goal (while retaining the assumption of self-goal choice) would be solved, but it would be solved simply by an obtuse definition that would reduce the assumption of self-welfare goal to a tautology (see Sen 1986b: 8).

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