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Cambridge Journal of Economics 28:457-467 (2004)
Cambridge Journal of Economics, Vol. 28, No. 3, © Cambridge Political Economy Society 2004; all rights reserved
Notes and Comments |
A note on participatory decision-making and rationality
Address for correspondence: School of Economic and Social Studies, University of East Anglia, Norwich NR7 4TJ, UK; email: s.hargreavesheap{at}uea.ac.uk
This paper addresses a particular issue of institutional choice. It is concerned with one aspect of the argument for participatory decision-making structures: how to make sense of the claim that participation can raise productivity because it produces a change in motivation. The argument of the paper turns, first, on distinguishing between the rational choice account of behaviour and a norm-guided one and, second, on the thought that participatory structures give scope for norm-guided behaviour to flourish in ways not found in hierarchies.
Key Words: Rationality Norms Participation
JEL classifications: B0, P0, D1, J5
Manuscript received July 14, 2000; final version received May 13, 2002.