Work

The Econ within or the Econ above? On the plausibility of preference purification

Year: 2022
Type: article
Abstract: Scholars disagree about the plausibility of preference purification. Some see it as a familiar phenomenon. Others denounce it as conceptually incoherent, postulating that it relies on the psychologically implausible assumption of an inner rational agent. I argue that different notions of rationality can be leveraged to advance the debate: procedural rationality and structural rationality. I explicate how structural rationality, in contrast to procedural rationality, allows us to offer an account of the guiding idea behind preference purification that avoids inner rational agents. Afterward, I address two pressing challenges against preference purification that emerge under the structural rationality account.
Author: Lukas Beck
Language: English
Open Access status: hybrid
Estimated APC paid: $3,255
OpenAlex ID: W4294613041
FWCI: 1.348
Cites: 47
Cited by: 12
Related to: 10