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International Studies in Phenomenology and Philosophy

Book | Chapter

202099

Bounded rationality and emotions and how sociology may take profit

towards an interdisciplinary opening

Dieter Bögenhold

pp. 105-120

Abstract

The title of the paper "Bounded Rationality and Emotions and How Sociology May Take Profit" refers to Herbert Simon . Not only Herbert Simon but also a couple of additional Nobel laureates in economics received their awards, among other achievements, for their critiques of the homo oeconomicus paradigm. Rationality is the social grammar that provides the sense for social action; it is a driver that has sources in different domains. However, social sense is learned and depends on biographies and life courses, from social embeddedness in terms of culture, space, and time. The social context of judgment and decision serves as a framework and oscillates with modes of social action, so that beginning and end are intertwined. Asymmetric information and social capital, asymmetric social support through diverse social ties, and asymmetric distribution of aspirations are three of the social premises of diverse behavior. These topics suggest that diverse branches may benefit from further cooperation. Reasoning about rationality and her sister irrationality indicates that—besides economics and social psychology—sociology matters.

Publication details

Published in:

Staubmann Helmut, Lidz Victor (2018) Rationality in the social sciences: the Schumpeter-Parsons seminar 1939-40 and current perspectives. Dordrecht, Springer.

Pages: 105-120

DOI: 10.1007/978-3-319-62377-1_9

Full citation:

Bögenhold Dieter (2018) „Bounded rationality and emotions and how sociology may take profit: towards an interdisciplinary opening“, In: H. Staubmann & V. Lidz (eds.), Rationality in the social sciences, Dordrecht, Springer, 105–120.