Procedural Rationality in Westminster Systems: How De‐Separation Affects the Decision Premise 1

2022 ◽  
Author(s):  
Keith Dowding ◽  
Marija Taflaga
Keyword(s):  
Procedural Rationality

International Economic Institutions, Institutional Complementarities and Institutionalized Linkages. The International Trade Case

2011 ◽  
pp. 67-90
Author(s):  
Maurizio Mistri
Keyword(s):  
International Economic ◽  
International Trade ◽  
Institutional Economics ◽  
Procedural Knowledge ◽  
New Institutional Economics ◽  
Relative Price ◽  
Economic Institutions ◽  
Real Economy ◽  
Procedural Rationality ◽  
Institutional Complementarity

This paper analyses the forces at the base of the formation processes of international economic institutions following the fundamental New Institutional Economics (NIE) approach. In particular, the paper assumes that new international economic institutions respond to a principle of procedural rationality. This principle indicates that the formation of institutions takes place in an environment dominated by the bounded rationality of agents that produce institutions based on procedural knowledge accumulated over time. Particular attention is dedicated to the relationship between institutional innovation and economic growth. Specialized institutions stem from this relation, on par with the real economy, and generate more and more complex institutional systems. Within the institutionalist approach to the formation of institutions, the paper highlights Aoki's concepts on "institutionalized linkages" and "institutional complementarity"; these concepts are then correlated to Schelling's "strategy decomposition" concept; subsequently the forces that lead to institutional changes (Aoki and North) are analyzed. Specifically, in light of North's approach, conditions are analyzed that determine changes in institutions governing international trade relations deriving from changes in some structural dimensions such as relative price systems. These changes are possible since governments can renegotiate original agreements giving rise to compensations.

An exposition of trade policy formulation through the issuing of "Trade Policy Directives" by the Minister of Trade, Industry and Competition under the International Trade Administration Act 71 of 2002

2021 ◽  
Vol 25 ◽  
Author(s):  
Clive Vinti
Keyword(s):  
International Trade ◽  
Trade Policy ◽  
Rule Of Law ◽  
Policy Formulation ◽  
Procedural Rationality ◽  
Abstract Section ◽  
The Rule Of Law ◽  
The Public ◽  
The Republic ◽  
A Charge

ABSTRACT Section 5 of the International Trade Administration Act 71 of 2002 (ITAA) provides that the Minister of Trade, Industry and Competition has the power to issue "Trade Policy Directives" subject to the procedures and requirements of the Constitution of the Republic of South Africa, 1996 (Constitution) and other laws. However, there is uncertainty as to how trade policy is formulated under section 5 of the ITAA and the rights of affected parties in this regard. Thus, this article offers an exposition of the process of trade policy formulation under section 5 of the ITAA. To this end, it is my view that trade policy formulation under section 5 must be guided by section 195 of the Constitution, which requires that the public must be "encouraged" to participate in policy formulation and that this must occur in a climate of openness, transparency and accountability. In the narrower sense, it is also my view that interested parties must be given an opportunity to participate in trade policy formulation on the ground of procedural rationality and to avoid a charge of arbitrariness as twin components of the rule of law. Keywords: Trade policy; International Trade Administration Act; rule of law; legality; rationality; arbitrariness; transparency; accountability; governance.

The Instrumental University

2019 ◽  
Author(s):  
Ethan Schrum
Keyword(s):  
World War Ii ◽  
Social Order ◽  
Research University ◽  
Social Problems ◽  
Procedural Rationality ◽  
Academic Leaders ◽  
Postwar America ◽  
Clark Kerr ◽  
The Social ◽  
Managerial Knowledge

This book argues that Clark Kerr, Gaylord P. Harnwell, and other post-World War II academic leaders set the American research university on a new course by creating the instrumental university. With its emphasis on procedural rationality, organized research, and project-based funding by external patrons, the instrumental university would provide technical and managerial knowledge to shape the social order. Its leaders hoped that by solving the nation’s pressing social problems, the research university would become the essential institution of postwar America. On this view, the university’s leading purposes included promoting economic development and coordinating research from many fields in order to attack social problems. Reorienting institutions to prioritize these activities had numerous consequences. One was to inject more capitalistic and managerial tendencies into universities. Today, those who decry universities’ corporatizing and market-driven tendencies often trace them to the rise of neoliberalism in the 1970s. This book suggests that a fuller explanation of these tendencies must highlight their deeper roots in the technocratic progressive tradition that originated in the 1910s, particularly the organizational changes within universities that this tradition spawned from the 1940s onward as part of the instrumental university.

Toward a General Theory of Competitive Rationality

1992 ◽  
Vol 56 (1) ◽  
pp. 69-83 ◽  
Author(s):  
Peter Reid Dickson
Keyword(s):  
General Theory ◽  
Austrian Economic ◽  
Information Economics ◽  
Marketing Management ◽  
Procedural Rationality ◽  
Economic Psychology ◽  
Management Concepts

The author develops a theory of competitive rationality that proposes a firm's success depends on the imperfect procedural rationality of its marketing planners. Theories of economic psychology and information economics are integrated with the Austrian economic school of thought and with marketing management concepts and scholarship. Implications for managers and scholars are discussed.

scholarly journals Neokantismo, valores e razão discursiva: aproximações da metodologia jurídica com a axiologia política kantiana

2016 ◽  
Vol 1 (1) ◽  
pp. 92-108
Author(s):  
Newton de Oliveira Lima
Keyword(s):  
Twentieth Century ◽  
Human Rights ◽  
Common Good ◽  
Core Values ◽  
Legal Knowledge ◽  
Procedural Rationality ◽  
Linguistic Methodology ◽  
Philosophical School ◽  
Pragmatic Turn ◽  
Legal Methodology

The neokantianism as a philosophical school of thought of Law developed as legal knowledge method that searched for a phenomenological intuition prescribe legal values . The linguistic- pragmatic turn in philosophy in the mid- twentieth century led to the replacement of the legal neokantianism by a linguistic methodology on the Law within a justifying discourse procedure of human rights as core values (liberty, equality, common good) and a procedural rationality who returns to Kant as a defense of State of Law. We will seek to map the discourse and Kantian justification of Law from the thought of Ricardo Terra and its approach to legal values as linguistic objects, paving the way for a new legal methodology based on constructed values arguably and according to the principles of kantian reason.

scholarly journals An analytical model to evaluate the performance of associative seed producer organizations in the framework of Plan Semilla - Agrosavia (Colombia)

2019 ◽  
Vol 37 (2) ◽  
pp. 173-188
Author(s):  
Leisdy Lázaro-Palacio ◽  
Yesid Aranda-Camacho
Keyword(s):  
Cluster Analysis ◽  
Analytic Hierarchy Process ◽  
Seed Production ◽  
Analytical Model ◽  
Environmental Resources ◽  
Analytic Hierarchy ◽  
Procedural Rationality ◽  
Seed Supply ◽  
Hierarchy Process

Low access and use of quality seeds limit agricultural competitiveness. Since 2013, the Corporacion Colombiana de Investigacion Agropecuaria -Agrosavia- initiated “Plan Semilla” with the aim of consolidating nuclei of quality seed producers under associative schemes that guarantee quality seed supply in the regions where the seeds will be used. Between 2013 and 2016, we undertook characterizations of the organizations participating within the framework of Plan Semilla using various qualitative tools for their diagnostics. However, it was not possible to specify the actions that needed to be taken in order to strengthen these organizations. The aim of this research was to generate an analytical model to evaluate the performance of participating organizations that would establish quality seed production nuclei and to validate the model’s use in those organizations that produce cocoa seed in the Plan Semilla framework. An analytic hierarchy process (AHP) was used to construct the model, which is composed of 4 dimensions (technical capacities, environmental resources, organizational capacities,and management capacities) that are related to criteria that are considered decisive for the consolidation of nuclei of quality seed producers. The model was assessed by 11 experts who identified the importance weight of the elements. In the validation, we used indicators from 30 cocoa seed producer organizations participating in Plan Semilla. We calculated additive utility functions and used a cluster analysis to define the thresholds and to establish the level of performance of the organizations. The results have improved the procedural rationality for the classification of organizations that seek to consolidate quality seed production nuclei.

scholarly journals Empiricism in Herbert Simon: Administrative Behavior within the evolution of the Models of Bounded and Procedural Rationality

2017 ◽  
Vol 37 (4) ◽  
pp. 719-733 ◽  
Author(s):  
ALEJANDRO HORTAL
Keyword(s):  
Psychological Factors ◽  
Common Element ◽  
Classical Approach ◽  
Herbert Simon ◽  
Procedural Rationality ◽  
Administrative Behavior ◽  
Economic Agents ◽  
The Common ◽  
Empirical Methodology

ABSTRACT This paper contextualizes Simon’s book, Administrative Behavior, within the evolution of his ideas arguing, contrary to what some have posited, that the common element that unites this book with the rest of Simon’s work is not the criticism of the classical approach, but an epistemological frame, based on an empirical methodology. This empiricism is the element that remained constant during his career and led him to introduce psychological factors when explaining the behavior of economic agents under his models of bounded and procedural rationality.

scholarly journals Economic Decisions and Simon’s Notion of Bounded Rationality

2018 ◽  
Vol 11 (7) ◽  
pp. 64 ◽  
Author(s):  
Daniele Schilirò
Keyword(s):  
Bounded Rationality ◽  
Behavioral Model ◽  
Economic Literature ◽  
Herbert Simon ◽  
Research Activity ◽  
Procedural Rationality ◽  
Neoclassical Theory ◽  
Theoretical Contribution ◽  
Economic Decisions ◽  
Satisficing Behavior

Decision making in economics has been always intertwined with the concept of rationality. However, neoclassical economic literature has been dominated by a specific notion of rationality, namely, perfect rationality, characterized by the assumption of consistency and by the maximization hypothesis. Herbert Simon, in his long research activity, questioned this concept of perfect or global rationality, suggesting a different vision, based on empirical evidence and regarding an individual’s choices. He challenged the neoclassical theory of global rationality, suggesting his notion of bounded rationality, a satisficing (instead of optimizing) behavior, and the relevance of procedural rationality to understand the process of thought of decision makers.Thus, this paper focuses on Simon’s notion of bounded rationality, since bounded rationality remains the hallmark of his theoretical contribution. First, the paper examines the economic decision process in the neoclassical theory and Simon’s notion of bounded rationality. Then, it analyzes in depth Simon’s behavioral model of rational choice, underlining the relevance of satisficing behavior and procedural rationality. Finally, it suggests an assessment of the concept of bounded rationality.

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