Bounded rationality is the idea that rationality is limited when individuals make decisions, and under these limitations, rational individuals will select a decision that is satisfactory rather than optimal.
In economics and game theory, a participant is considered to have superrationality if they have perfect rationality but assume that all other players are superrational too and that a superrational individual will always come up with the same strategy as any other superrational thinker when facing the same problem. Applying this definition, a superrational player playing against a superrational opponent in a prisoner's dilemma will cooperate while a rationally self-interested player would defect.
Institutions are humanly devised structures of rules and norms that shape and constrain individual behavior. All definitions of institutions generally entail that there is a level of persistence and continuity. Laws, rules, social conventions and norms are all examples of institutions. Institutions vary in their level of formality and informality.
Social theories are analytical frameworks, or paradigms, that are used to study and interpret social phenomena. A tool used by social scientists, social theories relate to historical debates over the validity and reliability of different methodologies, the primacy of either structure or agency, as well as the relationship between contingency and necessity. Social theory in an informal nature, or authorship based outside of academic social and political science, may be referred to as "social criticism" or "social commentary", or "cultural criticism" and may be associated both with formal cultural and literary scholarship, as well as other non-academic or journalistic forms of writing.
New institutionalism is an approach to the study of institutions that focuses on the constraining and enabling effects of formal and informal rules on the behavior of individuals and groups. New institutionalism traditionally encompasses three strands: sociological institutionalism, rational choice institutionalism, and historical institutionalism. New institutionalism originated in work by sociologist John Meyer published in 1977.
Organizational behavior (OB) or organisational behaviour is the: "study of human behavior in organizational settings, the interface between human behavior and the organization, and the organization itself". OB research can be categorized in at least three ways:
Dame Mary Douglas, was a British anthropologist, known for her writings on human culture and symbolism, whose area of speciality was social anthropology. Douglas was considered a follower of Émile Durkheim and a proponent of structuralist analysis, with a strong interest in comparative religion.
The Great Transformation is a book by Karl Polanyi, a Hungarian-American political economist. First published in 1944 by Farrar & Rinehart, it deals with the social and political upheavals that took place in England during the rise of the market economy. Polanyi contends that the modern market economy and the modern nation-state should be understood not as discrete elements but as the single human invention he calls the "Market Society".
Jon Elster is a Norwegian philosopher and political theorist who holds the Robert K. Merton professorship of Social Science at Columbia University.
A sociological theory is a supposition that intends to consider, analyze, and/or explain objects of social reality from a sociological perspective, drawing connections between individual concepts in order to organize and substantiate sociological knowledge. Hence, such knowledge is composed of complex theoretical frameworks and methodology.
Historical institutionalism (HI) is a new institutionalist social science approach that emphasizes how timing, sequences and path dependence affect institutions, and shape social, political, economic behavior and change. Unlike functionalist theories and some rational choice approaches, historical institutionalism tends to emphasize that many outcomes are possible, small events and flukes can have large consequences, actions are hard to reverse once they take place, and that outcomes may be inefficient. A critical juncture may set in motion events that are hard to reverse, because of issues related to path dependency. Historical institutionalists tend to focus on history to understand why specific events happen.
In international relations, constructivism is a social theory that asserts that significant aspects of international relations are shaped by ideational factors, not simply material factors. The most important ideational factors are those that are collectively held; these collectively held beliefs construct the interests and identities of actors.
Ian Shapiro is a Sterling Professor of Political Science at Yale University. He served as the Henry R. Luce Director of the MacMillan Center at Yale University from 2004 to 2019. He is known primarily for interventions in debates on democracy and on methods of conducting social science research. In democratic theory, he has argued that democracy's value comes primarily from its potential to limit domination rather than, as is conventionally assumed, from its operation as a system of participation, representation, or preference aggregation. In debates about social scientific methods, he is chiefly known for rejecting prevalent theory-driven and method-driven approaches in favor of starting with a problem and then devising suitable methods to study it. His most recent work, coauthored with Michael J. Graetz, Wolf at the Door: The Menace of Economic Insecurity and How to Fight It, proposes achievable policies and strategies to mitigate economic insecurity in the United States.
Rational Choice Institutionalism (RCI) is a theoretical approach to the study of institutions arguing that actors use institutions to maximize their utility, and that institutions affect rational individual behavior. Rational Choice Institutionalism arose initially from the study of congressional behaviour in the U.S. in the late 1970s. Influential early RCI scholarship was done by political economists at California Institute of Technology, University of Rochester, and Washington University. It employs analytical tools borrowed from neo-classical economics to explain how institutions are created, the behaviour of political actors within it, and the outcome of strategic interaction.
False necessity, or anti-necessitarian social theory, is a contemporary social theory that argues for the plasticity of social organizations and their potential to be shaped in new ways. The theory rejects the assumption that laws of change govern the history of human societies and limit human freedom. It is a critique of "necessitarian" thought in conventional social theories which hold that parts of the social order are necessary or the result of the natural flow of history. The theory rejects the idea that human societies must be organized in a certain way and that human activity will adhere to certain forms.
The opposition between substantivist and formalist economic models was first proposed by Karl Polanyi in his work The Great Transformation (1944).
Miriam Solomon is Professor of Philosophy and Chair of the Philosophy Department as well as Affiliated Professor of Women's Studies at Temple University. Solomon's work focuses on the philosophy of science, social epistemology, medical epistemology, medical ethics, and gender and science. Besides her academic appointments, she has published two books and a large number of peer reviewed journal articles, and she has served on the editorial boards of a number of major journals.
Analytical Marxism is an approach to Marxist theory that was prominent amongst English-speaking philosophers and social scientists during the 1980s.
Emotional choice theory is a social scientific action model to explain human decision-making. Its foundation was laid in Robin Markwica’s monograph Emotional Choices published by Oxford University Press in 2018. It is considered an alternative model to rational choice theory and constructivist perspectives.
Rational choice is a prominent framework in international relations scholarship. Rational choice is not a substantive theory of international politics, but rather a methodological approach that focuses on certain types of social explanation for phenomena. In that sense, it is similar to constructivism, and differs from liberalism and realism, which are substantive theories of world politics. Rationalist analyses have been used to substantiate realist theories, as well as liberal theories of international relations.
