Rationality, Markets and Morals

Studies at the Intersection of Philosophy and Economics

Rationality, Markets, and Morals: RMM 0 (2009), 239 – 249

(Over-)Stylizing Experimental Findings and Theorizing with Sweeping Generality

Abstract

Human decis­i­on making is a pro­cess gui­ded by dif­fe­rent and part­ly com­pe­ting moti­va­tions that can each domi­na­te beha­vi­or and lead to dif­fe­rent effects depen­ding on strength and cir­cum­s­tances. ‚Over-sty­li­zing‘ negle­cts such com­pe­ting con­cerns and con­text-depen­dence, alt­hough it faci­li­ta­tes the emer­gence of ela­bo­ra­te gene­ral theo­ries. We illus­tra­te by examp­les from social dilem­ma expe­ri­ments and ine­qua­li­ty aver­si­on theo­ries that swee­ping empi­ri­cal claims should be avoided.

Journal Information

RMM is an interdisciplinary publication focusing on issues of rationality, market mechanisms, and the experimental method of reasoning into moral subjects. It provides a forum for dialogue between philosophy, economics, and related disciplines, encouraging critical reflection on the foundations and implications of economic processes.