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Record W1503235120 · doi:10.1108/03068290610683404

Rationality and the language of decision making

2006· article· en· W1503235120 on OpenAlexaff
Mark Peacock

Bibliographic record

VenueInternational Journal of Social Economics · 2006
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic Theory and Institutions
Canadian institutionsYork University
Fundersnot available
KeywordsPhenomenonRationalityPositive economicsInterpretation (philosophy)PreferenceConversationValue (mathematics)Relevance (law)EpistemologyOriginalityEconomicsDecision theorySociologyPsychologySocial psychologyLinguisticsMicroeconomicsPolitical scienceLawComputer sciencePhilosophy

Abstract

fetched live from OpenAlex

Purpose The purpose is to show the importance of language in economic activity and encourage economists to pay more attention to language than hitherto. Design/methodology/approach The paper examines John Searle's work and consider its implications for economic theory. It discusses Searle's “background” and its role in the explanation of intentional phenomena. It analyses the implications of the background for the notion of rule‐following and illustrates the role the background plays in decision making by examining conversation‐analytical studies of decisions involving responses to invitations. Findings Searle offers a novel interpretation of rules which contrasts to that found in economic theory. The decisions I examine manifest a “preference structure” independent of the preferences of individuals. These can be called “background preferences”. Personal and background preference rankings can conflict with each other. This leads to a possible interpretation of the phenomenon “weakness of will”. The paper concludes with remarks on why language is a neglected phenomenon in economic theory. Originality/value Searle's work is slowly coming to the attention of a few economists. However, most contributions to the debate so far are at a very general level and do not tackle concrete issues of economic theory. By looking empirically at decision making, this paper shows the relevance of Searle to an issue at the heart of economic theory.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.032
Threshold uncertainty score0.209

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.014
GPT teacher head0.256
Teacher spread0.241 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations3
Published2006
Admission routes1
Has abstractyes

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