Economics and Philosophy



Essay

BEYOND SELF-GOAL CHOICE: AMARTYA SEN'S ANALYSIS OF THE STRUCTURE OF COMMITMENT AND THE ROLE OF SHARED DESIRES


HANS BERNHARD SCHMID a1
a1 University of St. Gallen

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schmid hb   [Google Scholar] 
 

In the current debate on economic rationality, Amartya Sen's analysis of the structure of commitment plays a uniquely important role (Weirich 2004: 387ff.). However, Sen is not alone in pitting committed action against the standard model of rational behavior. Before turning to Sen's analysis in section 2 of this paper, I shall start with an observation concerning some of the other relevant accounts.