utility is quite malleable and context-dependent. These arguments may have put
a mortal wound in the tenets of rational choice theory, made all the more damaging
by the fact that many of these scholars hail from economics (the discipline
directly responsible for rational choice theory), notably behavioral and experimental
economics.
In this chapter we briefly examine the impact of rational choice on the three
areas mentioned earlier in this section. We also provide a discussion of how recent
advances in behavioral economics, experimental economics, social psychology,
and psychology are redefining the ways in which public administration scholars
view the contribution of rational choice to these areas, and more generally are
changing the way scholars theorize about utility.
utility is quite malleable and context-dependent. These arguments may have put
a mortal wound in the tenets of rational choice theory, made all the more damaging
by the fact that many of these scholars hail from economics (the discipline
directly responsible for rational choice theory), notably behavioral and experimental
economics.
In this chapter we briefly examine the impact of rational choice on the three
areas mentioned earlier in this section. We also provide a discussion of how recent
advances in behavioral economics, experimental economics, social psychology,
and psychology are redefining the ways in which public administration scholars
view the contribution of rational choice to these areas, and more generally are
changing the way scholars theorize about utility.
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