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    The notion of rationality in Amartya Sen and its connection with the thought of Adam Smith

    La noción de racionalidad en Amartya Sen y su relación con el pensamiento de Adam Smith

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    Pico, Augusto Alean
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    https://revistas.usantotomas.edu.co/index.php/cife/article/view/804
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    TY - GEN T1 - The notion of rationality in Amartya Sen and its connection with the thought of Adam Smith T1 - La noción de racionalidad en Amartya Sen y su relación con el pensamiento de Adam Smith AU - Pico, Augusto Alean PB - Universidad Santo Tomás AB - The rational choice theory, RCT, is insufficient as explanation of economic behavior, even in its extended account. The RCT is based on maximizing self-interest as a criterion of choice and attributes its origin to the thought of Adam Smith. Amartya Sen has been a strong critic of this pattern traditionally used in economics and this paper contributes to a better understanding of the notion of rationality in Sen and its relationship with Smith’s thought. Three basic ideas are developed in this paper: (1) the rationality is a fundamental procedure of justice, (2) rationality has been a central concern in Sen’s work, and 3) Sen believes that his interpretation of rationality is an extension of Smith’s thought. ER - @misc{11634_11168, author = {Pico Augusto Alean}, title = {The notion of rationality in Amartya Sen and its connection with the thought of Adam SmithLa noción de racionalidad en Amartya Sen y su relación con el pensamiento de Adam Smith}, year = {}, abstract = {The rational choice theory, RCT, is insufficient as explanation of economic behavior, even in its extended account. The RCT is based on maximizing self-interest as a criterion of choice and attributes its origin to the thought of Adam Smith. Amartya Sen has been a strong critic of this pattern traditionally used in economics and this paper contributes to a better understanding of the notion of rationality in Sen and its relationship with Smith’s thought. Three basic ideas are developed in this paper: (1) the rationality is a fundamental procedure of justice, (2) rationality has been a central concern in Sen’s work, and 3) Sen believes that his interpretation of rationality is an extension of Smith’s thought.}, url = {} }RT Generic T1 The notion of rationality in Amartya Sen and its connection with the thought of Adam Smith T1 La noción de racionalidad en Amartya Sen y su relación con el pensamiento de Adam Smith A1 Pico, Augusto Alean PB Universidad Santo Tomás AB The rational choice theory, RCT, is insufficient as explanation of economic behavior, even in its extended account. The RCT is based on maximizing self-interest as a criterion of choice and attributes its origin to the thought of Adam Smith. Amartya Sen has been a strong critic of this pattern traditionally used in economics and this paper contributes to a better understanding of the notion of rationality in Sen and its relationship with Smith’s thought. Three basic ideas are developed in this paper: (1) the rationality is a fundamental procedure of justice, (2) rationality has been a central concern in Sen’s work, and 3) Sen believes that his interpretation of rationality is an extension of Smith’s thought. OL Spanish (121)
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    Abstract
    The rational choice theory, RCT, is insufficient as explanation of economic behavior, even in its extended account. The RCT is based on maximizing self-interest as a criterion of choice and attributes its origin to the thought of Adam Smith. Amartya Sen has been a strong critic of this pattern traditionally used in economics and this paper contributes to a better understanding of the notion of rationality in Sen and its relationship with Smith’s thought. Three basic ideas are developed in this paper: (1) the rationality is a fundamental procedure of justice, (2) rationality has been a central concern in Sen’s work, and 3) Sen believes that his interpretation of rationality is an extension of Smith’s thought.
     
    La teoría de la elección racional (TER), es insuficiente como explicación del comportamiento económico, incluso en su versión extendida (Becker). La TER se fundamenta en la maximización del interés-propio como criterio de elección y atribuye su origen al pensamiento de Adam Smith. Amartya Sen ha sido un fuerte crítico de este modelo de comportamiento tradicionalmente usado en economía. Este artículo contribuye a una mejor comprensión de la noción de racionalidad en Sen y su relación con el pensamiento de Smith. Tres ideas básicas se desarrollan en este artículo: 1) la racionalidad es un procedimiento fundamental de la justicia, 2) la racionalidad ha sido una preocupación central en el trabajo de Sen, y 3) Sen considera que su interpretación de la racionalidad es una extensión del pensamiento de Smith.
     

     

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