Abstract
Human action differs from processes in the physical world insofar as action in the social world is driven by motivation. Motivation is embedded in a framework of social goals and related preferences. Phenomenology describes very clearly that social action is led by a cognitive structure of sense and relevance, which guides people through their biographies. Such cognitive structures of sense and relevance serve as a kind of normative compass, indicating which aims are positive, neutral, or negative and how specific courses of social actions are related to those aims. Rationality has its origin in the Latin ratio, which is considered as another term for pure reason. Statements of reason can differ according to different social logics within a single society and across societies, in recent as well as in historical times.
Bögenhold, Dieter. Bounded Rationality, Emotions and How Sociology May Take Profit: Towards an Interdisciplinary Opening, in: Helmut Staubmann & Victor M. Lidz (Eds.). Rationality in the Social Sciences. The Schumpeter/Parsons Seminar 1939/40 and Current Perspectives (pp. 105–120). Heidelberg; New York et al.: Springer.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Akerlof, G. A. (2007). The Missing Motivation in Macroeconomics. The American Economic Review, 97(1), 5–36.
Akerlof, G. A., & Kranton, R. E. (2000). Economics and Identity. Quarterly Journal of Economics, 115(3), 715–753.
Akerlof, G. A., & Shiller, R. J. (2009). Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism. Princeton University Press.
Barber, W. J. (1997). Reconfigurations in American Academic Economics. A General Practitioner’s Perspective. Daedalus, 126(1), 87–103.
Becker, G. (1995). The Economic Way of Looking at Behavior. Journal of Political Economy, 101(3), 385–409.
Berger, P. L., & Luckmann, T. (1966). The Social Construction of Reality. Anchor Books/Doubleday.
Boettke, P. J. (2000). Why Read the Classics in Economics? George Mason University: Unpublished Paper.
Bögenhold, D. (2010). From Heterodoxy to Orthodoxy and Vice Versa: Economics and Social Sciences in the Division of Academic Work. The American Journal of Economics and Sociology, 69(5), 1566–1590.
Bögenhold, D. (2013). Social Network Analysis and the Sociology of Economics: Filling a Blind Spot with the Idea of Social Embeddedness. The American Journal of Economics and Sociology, 72(2), 293–318.
Bögenhold, D. (2014). Schumpeter as a Universal Social Theorist. The Atlantic Economic Journal, 42(2), 205–215.
Buchanan, J. M. (1964). What Should Economists Do? Southern Economic Journal, 30(3), 213–228.
Burt, R. S. (1995). Structural Holes: The Social Structure of Competition. Harvard University Press.
Burt, R. S., Kilduff, M., & Tasselli, S. (2013). Social Network Analysis: Foundations and Frontiers on Advantage. Annual Review of Psychology, 64(1), 527–547.
Collins, R. (1985). Max Weber: A Skeleton Key. Sage.
Collins, R. (2002). The Sociology of Philosophers. Harvard University Press.
Durkheim, E. (1951). Suicide: A Study in Sociology. The Free Press.
Elster, J. (1998). Emotions and Economic Theory. Journal of Economic Literature, 36(1), 47–74.
Elster, J. (1999). Alchemies of the Human Mind: Rationality and the Emotions. Cambridge University Press.
Freud, S. (1995). The Basic Writings of Sigmund Freud. Random House.
Gazzaniga, M. S. (2011). Who’s in Charge? Free Will and the Science of the Brain. Harper Collins.
Gazzaniga, M. S., Ivry, R. B., & Mangun, G. R. (2008). Cognitive Neuroscience (The Biology of the Mind). Norton.
Gonza´les, A. M. (2012). Emotional Culture and the Role of Emotions in Cultural Analysis. In A. M. Gonza´les (Ed.), The Emotions and Cultural Analysis (pp. 1–15). Ashgate.
Gordon, S. (1993). The History and Philosophy of Social Science. Routledge.
Grandori, A. (2010). A Rational Heuristic Model of Economic Decision Making. Rationality and Society, 22(4), 477–504.
Guillen, M. F., Randall, C., England, P., & Meyer, M. (2002). The Revival of Economic Sociology. In M. F. Guille´n, R. Collins, P. England, & M. Meyer (Eds.), The New Economic Sociology: Developments in an Emerging Field (pp. 1–32). Russell Sage.
Hochschild, A. (2013). So How Is the Family? University of California Press.
Hodgson, G. M. (2012). From Pleasure Machines to Moral Communities. An Evolutionary Economics Without Homo Oeconomicus. Chicago University Press.
Hodgson, G. M., & Knudsen, T. (2004). The Complex Evolution of a Simple Traffic Convention: The Functions and Implications of Habit. Journal of Economic Behavior & Organization, 54(1), 19–47.
Hollis, M. (2002). The Philosophy of Social Science: An Introduction. Cambridge University Press.
Jones, E. L. (2006). Cultures Merging. A Historical and Economic Critique of Culture. PUP.
Kahneman, D. (2003). A Perspective on Judgment and Choice: Mapping Bounded Rationality. The American Psychologist, 58(9), 697–720.
Kahneman, D. (2012). Thinking, Fast and Slow. Penguin.
Keynes, J. M. (1936). The General Theory of Employment, Interest and Money. Macmillan.
Kuhn, T. S. (1962). The Structure of Scientific Revolutions. University of Chicago Press.
Lachmann, L. M. (1979). The Method of Interpretation. In L. M. Lachmann (Ed.), The Legacy of Max Weber (pp. 17–48). The Glendessary Press.
Lagueux, M. (2010). Rationality and Explanation in Economics. Routledge.
Landes, D. (2000). Culture Makes Almost all the Difference. In L. E. Harrison & S. P. Huntington (Eds.), Culture Matters. How Values Shape Human Progress (pp. 2–13). Basic Books.
Larkey, P. D. (2002). Ask a Simple Question. A Retrospective on Herbert Alexander Simon. Policy Science, 35(3), 239–268.
Lauterbach, A. (1962). Psychologie des Wirtschaftslebens. Rowoldt.
Letsas, G. (2014). The DNA of Conventions. Law and Philosophy, 33(5), 535–571.
Lovallo, D., & Kahneman, D. (2000). Living with Uncertainty: Attractiveness and Resolution Timing. Journal of Behavioral Decision Making, 13(2), 179–190.
Maslow, A. H. (1954). Motivation and Personality. Harper & Row.
McCloskey, D. N. (2011). Bourgeois Dignity: Why Economics can’t Explain the Modern World. Chicago University Press.
Naz, F. (2016). Understanding Human Well-being: How Could Sen’s Capability Approach Contribute? Forum for Social Economics., 49(3), 316–331.
Nelson, R. H. (2001). Economics as Religion: From Samuelson to Chicago and beyond. Pennsylvania State University Press.
North, D. C. (1990). Institutions, Institutional Change and Economic Performance. Cambridge University Press.
North, D. C. (2005). Understanding the Process of Economic Change. Princeton University Press.
Ostrom, E. (2005). Understanding Institutional Diversity. Princeton University Press.
Pickersgill, M. (2013). The Social Life of the Brain: Neuroscience in Society. Current Sociology, 61(3), 322–340.
Plamber, J. (2015). The History of Emotions. Oxford University Press.
Popper, K. (1959). The Logic of Scientific Discovery. Routledge.
Rabin, M. (1998). Psychology and Economics. Journal of Economic Literature, 36(1), 11–46.
Rosenberg, A. (2012). Philosophy of Social Science. Westview Press.
Scherer, K. R. (2011). On the Rationality of Emotions: Or, When are Emotions Rational? Social Science Information, 50(3/4), 330–350.
Schumpeter, J. A. (1908). Das Wesen und der Haptinhalt der theoretischen Nationalokonomie. Duncker & Humblot.
Schumpeter, J. A. (1954). History of Economic Analysis. Oxford University Press.
Schumpeter, J. A. (1963). The Theory of Economic Development. Oxford University Press.
Schumpeter, J. A. (1991). The Meaning of Rationality in the Social Sciences. In R. Swedberg (Ed.), The Economics and Sociology of Capitalism (pp. 316–318). Princeton University Press.
Schutz, A. (1982). Collected Papers, Vol. I, The Problem of Social Reality, (1961 firstly). Martinus Nijhoff.
Sen, A. (1999). The Possibility of Social Choice. American Economic Review, 89(3), 349–378.
Sent, E.-M. (2005). Simplifying Herbert Simon. History of Political Economy, 37(2), 227–232.
Simon, H. A. (1955). A Behavioral Model of Rational Choice. Quarterly Journal of Economics, 69(1), 99–118.
Simon, H. A. (1962). The Architecture of Complexity. Proceedings of the American Philosophical Society, 106(6), 467–482.
Simon, H. A. (1971). Administrative Behavior. A Study of the Decision-Making Process in Administrative Organization. Macmillan.
Simon, H. A. (1972). Theories of Bounded Rationality. In C. B. McGuire & R. Radner (Eds.), Decision and Organization. A Volume in Honor of Jacob Marschak (pp. 161–176). North Holland Publishing.
Simon, H. A. (1989). The Scientist as a Problem Solver. In D. Klahr & K. Kotowsky (Eds.), Complex Information Processing. How Do Human Beings Reason (pp. 375–398). Erlbaum.
Swedberg, R. (1998). Max Weber and the Idea of Social Science. Princeton University Press.
Swedberg, R. (2014). The Art of Social Theory. Princeton University Press.
Walker, M. H., & Lynn, F. B. (2013). The embedded self: A social networks approach to identity theory. Social Psychology Quarterly, 76(2), 151–179.
Weber, M. (1972). Wirtschaft und Gesellschaft. J.C.B. Mohr.
Weber, M. (1990). GrundriĂź zu den Vorlesungen uber Allgemeine (theoretische) National Ă–konomie. J.C.B. Mohr.
White, H. C., Boorman, S. A., & Breiger, R. L. (1976). Social Structures from Multiple Networks I: Blockmodells of Roles and Positions. The American Journal of Sociology, 81(4), 730–780.
Wible, J. R. (1998). The Economics of Science. Methodology and Epistemology as If Economics Really Mattered. Routledge.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2021 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Bögenhold, D. (2021). Bounded Rationality, Emotions, and How Sociology May Take Profit: Towards an Interdisciplinary Opening. In: Neglected Links in Economics and Society. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-79193-3_7
Download citation
DOI: https://doi.org/10.1007/978-3-030-79193-3_7
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-79192-6
Online ISBN: 978-3-030-79193-3
eBook Packages: Economics and FinanceEconomics and Finance (R0)