chapter  5
18 Pages

Situating rationality: planning and rational choice theory

In a commentary on Weber's analysis of instrumentally rational action, Hindness has asserted that 'closely related models of the actor can be found in rational choice theories in economics' (Hindness 1987: 138). The tendency to equate Weber's analysis with rational choice and economic theories also appears to be reflected in Habermas's claim that Weber analyses formal rationality in terms of a 'transitive ordering' of preferences. Elster (2000) also suggests that there are strong similarities between Weber's analysis and rational choice theories, although he also criticises Weber's account from the perspective of contemporary rational choice theory.