This category needs an editor. We encourage you to help if you are qualified.
Volunteer, or read more about what this involves.

Issues in the Philosophy of Economics

Related categories
Subcategories:
107 found
Search inside:
(import / add options)   Sort by:
1 — 100 / 107
Material to categorize
  1. Gustaf Arrhenius & Wlodek Rabinowicz (2005). Value and Unacceptable Risk. Economics and Philosophy 21 (2):177-197.
    Consider a transitive value ordering of outcomes and lotteries on outcomes, which satisfies substitutivity of equivalents and obeys “continuity for easy cases,” i.e., allows compensating risks of small losses by chances of small improvements. Temkin (2001) has argued that such an ordering must also – rather counter-intuitively – allow chances of small improvements to compensate risks of huge losses. In this paper, we show that Temkin's argument is flawed but that a better proof is possible. However, it is more difficult (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: journals.cambridge.org journals.cambridge.org people.su.se dx.doi.org   | Scholar | At my library | More options ...
  2. Walter Block (1980). On Robert Nozick's 'on Austrian Methodology'. Inquiry 23 (4):397 – 444.
    Austrian economics - the school of thought associated with Carl Menger, Frederick von Weiser, Eugen von Bohm-Bawerk, and in this century, Ludwig von Mises, Friedrich Hayek, Murray N. Rothbard, and Israel Kirzner - is based on a framework of methodological principles and assumptions much at variance with those of traditional or 'orthodox' economists. Robert Nozick, in his 'On Austrian Methodology', focuses attention on the most fundamental features of this framework, and subjects them to a thoroughgoing and scathing analysis. Singled out (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: tandfonline.com dx.doi.org   | Scholar | At my library | More options ...
  3. L. Boland (2010). Cartwright on "Economics". Philosophy of the Social Sciences 40 (3):530-538.
    Nancy Cartwright claims that "Causality is a hot topic today both in philosophy and economics." She may be right about philosophers, but not when it comes to economists. Cartwright talks about "economics" but nothing she says about it corresponds to what is taught in economics classes. Today, economics is dominated by model builders—but not all models involve econometrics. While all model builders do respect an endogenous-exogenous distinction between variables, this distinction will not be on the basis of which type of (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: pos.sagepub.com dx.doi.org   | Scholar | At my library | More options ...
  4. Bruce J. Caldwell (1984). Some Problems with Falsificationism in Economics. Philosophy of the Social Sciences 14 (4):489-495.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: pos.sagepub.com dx.doi.org   | Scholar | At my library | More options ...
  5. Andrew M. Colman (2003). Beyond Rationality: Rigor Without Mortis in Game Theory. Behavioral and Brain Sciences 26 (2):180-192.
    Psychological game theory encompasses formal theories designed to remedy game-theoretic indeterminacy and to predict strategic interaction more accurately. Its theoretical plurality entails second-order indeterminacy, but this seems unavoidable. Orthodox game theory cannot solve payoff-dominance problems, and remedies based on interval-valued beliefs or payoff transformations are inadequate. Evolutionary game theory applies only to repeated interactions, and behavioral ecology is powerless to explain cooperation between genetically unrelated strangers in isolated interactions. Punishment of defectors elucidates cooperation in social dilemmas but leaves punishing behavior (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  6. Andrew M. Colman (2003). Cooperation, Psychological Game Theory, and Limitations of Rationality in Social Interaction. Behavioral and Brain Sciences 26 (2):139-153.
    Rational choice theory enjoys unprecedented popularity and influence in the behavioral and social sciences, but it generates intractable problems when applied to socially interactive decisions. In individual decisions, instrumental rationality is defined in terms of expected utility maximization. This becomes problematic in interactive decisions, when individuals have only partial control over the outcomes, because expected utility maximization is undefined in the absence of assumptions about how the other participants will behave. Game theory therefore incorporates not only rationality but also common (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  7. Francesco Guala, Has Game Theory Been Refuted?
    The answer in a nutshell is: Yes, five years ago, but nobody has noticed. Nobody noticed because the majority of social scientists subscribe to one of the following views: (1) the ‘anomalous’ behaviour observed in standard prisoner’s dilemma or ultimatum game experiments has refuted standard game theory a long time ago; (2) game theory is flexible enough to accommodate any observed choices by ‘refining’ players’ preferences; or (3) it is just a piece of pure mathematics (a tautology). None of these (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | More options ...
  8. Edith Kuiper & Jolande Sap (1995). Out of the Margin: Feminist Perspectives on Economics. Routledge.
    Out of the Margin is the first book to consider feminist concerns across the whole domain of economics. In recent years there has been a tremendous increase in interest on the relation between gender and economics. Feminists have found much of concern in the way the economics has written women out of its history, built its theories around masculinist values, failed to take proper account of women and their work when measuring the economy and ignored most of the policy issues (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  9. Don Ross (forthcoming). Classical Game Theory, Socialization and the Rationalization of Conventions. Topoi.
    The paper begins by providing a game-theoretic reconstruction of Gilbert’s (1989) philosophical critique of Lewis (1969) on the role of salience in selecting conventions. Gilbert’s insight is reformulated thus: Nash equilibrium is insufficiently powerful as a solution concept to rationalize conventions for unboundedly rational agents if conventions are solutions to the kinds of games Lewis supposes. Both refinements to NE and appeals to bounded rationality can plug this gap, but lack generality. As Binmore (this issue) argues, evolutive game theory readily (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  10. Rachel C. Sayers (forthcoming). The Cost of Being Female: Critical Comment on Block. Journal of Business Ethics:-.
    Women currently earn 77 cents for every dollar earned by men. Explanations abound for why, exactly, this wage gap exists. One of the more potent justifications attributes this pay differential to the unequal effects of marriage on the sexes: the marital asymmetry hypothesis. However, even when marital status is accounted for, a small but significant residual gap remains. This article argues that this is the result of social factors. Entrenched societal sexism causes all of us to harbor unconscious bias about (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  11. Peter Vanderschraaf (2008). Game Theory Meets Threshold Analysis: Reappraising the Paradoxes of Anarchy and Revolution. British Journal for the Philosophy of Science 59 (4):579-617.
    I resolve a previously unnoticed anomaly in the analysis of collective action problems. Some political theorists apply game theory to analyze the paradox of anarchy: War is apparently inevitable in anarchy even though all warring parties prefer peace over war. Others apply tipping threshold analysis to resolve the paradox of revolution: Joining a revolution is apparently always irrational even when an overwhelming majority of the population wish to replace their regime. The usual game theoretic analysis of anarchy yields the conclusion (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: bjps.oxfordjournals.org jstor.org dx.doi.org   | Scholar | At my library | More options ...
Economic Institutions
  1. Elizabeth Anderson (1997). Comment on Dawson's 'Exit, Voice and Values in Economic Institutions'. Economics and Philosophy 13 (01):101-.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  2. Samuel Bowles (2000). Economic Institutions as Ecological Niches. Behavioral and Brain Sciences 23 (1):148-149.
    Economic institutions governing such activities as food sharing among non-kin, the accumulation and inheritance of wealth, and the division of labor and its rewards are human-constructed environments capable of imparting distinctive direction and pace to the process of biological evolution and cultural change. Where differing structures of these institutions take the form of distinct conventions sustained by (near) mutual adherence, small initial differences may support divergent evolutionary trajectories even in the absence of conformist behaviors.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  3. Geoffrey Brennan & Loren Lomasky (1985). The Impartial Spectator Goes to Washington: Toward a Smithian Theory of Electoral Behavior. Economics and Philosophy 1 (02):189-.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  4. Geoffrey Brennan & Philip Pettit (2000). The Hidden Economy of Esteem. Economics and Philosophy 16 (1):77-98.
    A generation of social theorists have argued that if free-rider considerations show that certain collective action predicaments are unresolvable under individual, rational choice – unresolvable under an arrangement where each is free to pursue their own relative advantage – then those considerations will equally show that the predicaments cannot be resolved by recourse to norms (Buchanan, 1975, p. 132; Heath, 1976, p. 30; Sober and Wilson, 1998, 156ff; Taylor, 1987, p. 144). If free-rider considerations explain why people do not spontaneously (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: journals.cambridge.org princeton.edu dx.doi.org   | Scholar | At my library | More options ...
  5. Ulrich Bröckling, Susanne Krasmann & Thomas Lemke (2010). Governmentality: Current Issues and Future Challenges. Routledge.
    By assembling authors with a wide range of different disciplinary backgrounds, from philosophy, literature, political science, sociology to medical anthropology ...
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  6. Graham Dawson (1997). Exit, Voice and Values in Economic Institutions. Economics and Philosophy 13 (01):87-.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  7. Maksymilian T. Madelr & Oche Onazi, The Moral Climates of International Economic Institutions and Access to Public Goods and Services in Nigeria.
    The first part of this paper provides a general theory of moral climates, which incorporates the following three elements: first, the values and limitations of that picture of moral behaviour focused on rules, rule-following and rationality; second, that picture of moral behaviour focused on institutionally-embedded activity; and third, that picture of moral behaviour that urges us to come face to face with our own limitations, i.e., our own ways of orienting ourselves to objects of value, such that we do not (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | More options ...
  8. Sigmund Wagner-Tsukamoto (2005). An Economic Approach to Business Ethics: Moral Agency of the Firm and the Enabling and Constraining Effects of Economic Institutions and Interactions in a Market Economy. Journal of Business Ethics 60 (1):75 - 89.
    The paper maps out an alternative to a behavioural (economic) approach to business ethics. Special attention is paid to the fundamental philosophical principle that any moral ‘ought’ implies a practical ‘can’, which the paper interprets with regard to the economic viability of moral agency of the firm under the conditions of the market economy, in particular competition. The paper details an economic understanding of business ethics with regard to classical and neo-classical views, on the one hand, and institutional, libertarian thought, (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: jstor.org   | Scholar | At my library | More options ...
Economics Imperialism
  1. Teresa Brennan (2000). Exhausting Modernity: Grounds for a New Economy. Routledge.
    Exhausting Modernity is a bold and exciting new work on the exhaustion of our resources, both natural and human. Brennan marshalls the insights of Marx and Freud to provide a compelling analysis of the pervading modern capitalism: environmental collapse, rising poverty levels, and the increased global economic disparity. Linking the consumption of environmental resources to our own depleted psychic life, she shows that modernity must be rethought if we are to find a sustainable future for both the environment and our (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  2. Luigino Bruni (2010). Reciprocity: An Economics of Social Relations , Serge C. Kolm. Cambridge University Press, 2008. XI + 390 Pages. Economics and Philosophy 26 (2):241-247.
  3. J. Kuorikoski & A. Lehtinen (2010). Economics Imperialism and Solution Concepts in Political Science. Philosophy of the Social Sciences 40 (3):347-374.
    Political science and economic science . . . make use of the same language, the same mode of abstraction, the same instruments of thought and the same method of reasoning. (Black 1998, 354) Proponents as well as opponents of economics imperialism agree that imperialism is a matter of unification; providing a unified framework for social scientific analysis. Uskali Mäki distinguishes between derivational and ontological unification and argues that the latter should serve as a constraint for the former. We explore whether, (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: pos.sagepub.com dx.doi.org   | Scholar | At my library | More options ...
  4. U. Maki (2009). Economics Imperialism: Concept and Constraints. Philosophy of the Social Sciences 39 (3):351-380.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  5. Uskali Mäki (2009). Economics Imperialism: Concept and Constraints. Philosophy of the Social Sciences 39 (3).
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  6. Uskali Mäki (2002). Symposium on Explanations and Social Ontology 2: Explanatory Ecumenism and Economics Imperialism. Economics and Philosophy 18 (2):235-257.
    In a series of insightful publications, Philip Pettit and Frank Jackson have argued for an explanatory ecumenism that is designed to justify a variety of types of social scientific explanation of different “grains”, including structural and rational choice explanations. Their arguments are put in terms of different kinds of explanatory information; the distinction between causal efficacy, causal relevance and explanatory relevance within their program model of explanation; and virtual reality and resilience explanation. The arguments are here assessed from the point (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: journals.cambridge.org dx.doi.org   | Scholar | At my library | More options ...
Economics and Cognitive Science
  1. John B. Davis (2007). Economic Theory and Cognitive Science, by Don Ross. MIT Press, 2005, 384 Pages. Economics and Philosophy 23 (2):245-252.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: journals.cambridge.org dx.doi.org   | Scholar | At my library | More options ...
  2. Roberto Fumagalli (2011). On the Neural Enrichment of Economic Models: Tractability, Trade-Offs and Multiple Levels of Description. Biology and Philosophy 26 (5):617-635.
    In the recent literature at the interface between economics, biology and neuroscience, several authors argue that by adopting an interdisciplinary approach to the analysis of decision making, economists will be able to construct predictively and explanatorily superior models. However, most economists remain quite reluctant to import biological or neural insights into their account of choice behaviour. In this paper, I reconstruct and critique one of the main arguments by means of which economists attempt to vindicate their conservative position. Furthermore, I (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org springerlink.com   | Scholar | At my library | More options ...
  3. Jaakko Kuorikoski & Petri Ylikoski (2010). Explanatory Relevance Across Disciplinary Boundaries: The Case of Neuroeconomics. Journal of Economic Methodology 17 (2):219–228.
    Many of the arguments for neuroeconomics rely on mistaken assumptions about criteria of explanatory relevance across disciplinary boundaries and fail to distinguish between evidential and explanatory relevance. Building on recent philosophical work on mechanistic research programmes and the contrastive counterfactual theory of explanation, we argue that explaining an explanatory presupposition or providing a lower-level explanation does not necessarily constitute explanatory improvement. Neuroscientific findings have explanatory relevance only when they inform a causal and explanatory account of the psychology of human decision-making.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  4. Michiru Nagatsu (forthcoming). The Limits of Unification for Theory Appraisal: A Case of Economics and Psychology. Synthese.
    In this paper I examine Don Ross’s application of unificationism as a methodological criterion of theory appraisal in economics and cognitive science. Against Ross’s critique that explanations of the preference reversal phenomenon by the ‘heuristics and biases’ programme is ad hoc or ‘Ptolemaic’, I argue that the compatibility hypothesis, one of the explanations offerd by this programme, is theoretically and empirically well-motivated. A careful examination of this hypothesis suggests several strengths of a procedural approach to modelling cognitive processes underlying individual (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
Empirical Testing in Economics
  1. Marcel J. Boumans, Measurement in Economics.
    The Representational Theory of Measurement conceives measurement as establishing homomorphisms from empirical relational structures into numerical relation structures, called models. There are two different approaches to deal with the justification of a model: an axiomatic and an empirical approach. The axiomatic approach verifies whether a given relational structure satisfies certain axioms to secure homomorphic mapping. The empirical approach conceives models to function as measuring instruments by transferring observations of an economic system into quantitative facts about that system. These facts are (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | More options ...
  2. Marcel J. Boumans, Measurement in Economic Systems.
    The metrology literature neglects a strong empirical measurement tradition in economics, which is different from the traditions as accounted for by the formalist representational theory of measurement. This empirical tradition comes closest to Mari's characterization of measurement in which he describes measurement results as informationally adequate to given goals. In economics, one has to deal with soft systems, which induces problems of invariance and of self-awareness. It will be shown that in the empirical economic measurement tradition both problems have been (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | More options ...
  3. Michiru Nagatsu (forthcoming). The Limits of Unification for Theory Appraisal: A Case of Economics and Psychology. Synthese.
    In this paper I examine Don Ross’s application of unificationism as a methodological criterion of theory appraisal in economics and cognitive science. Against Ross’s critique that explanations of the preference reversal phenomenon by the ‘heuristics and biases’ programme is ad hoc or ‘Ptolemaic’, I argue that the compatibility hypothesis, one of the explanations offerd by this programme, is theoretically and empirically well-motivated. A careful examination of this hypothesis suggests several strengths of a procedural approach to modelling cognitive processes underlying individual (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  4. Michiru Nagatsu (2010). Beyond Circularity and Normativity: Measurement and Progress in Behavioral Economics. Philosophy of the Social Sciences 40 (2):265-290.
    This article assesses two major conceptual arguments against theories of choice.The first argument concerns the circularity of belief-desire psychology, on which decision theory is based. The second argument concerns the normativity arising from the concept of rationality. Each argument is evaluated against experimental practice in economics and psychology, and it is concluded that both arguments fail to establish their skeptical conclusion that there can be no science of intentional human actions.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: pos.sagepub.com dx.doi.org   | Scholar | At my library | More options ...
  5. David Teira (2009). Why Friedman's Methodology Did Not Generate Consensus Among Economists? Journal of the History of Economic Thought 31 (2):201-214.
    In this paper I study how the theoretical categories of consumption theory were used by Milton Friedman in order to classify empirical data and obtain predictions. Friedman advocated a case by case definition of these categories that traded theoretical coherence for empirical content. I contend that this methodological strategy puts a clear incentive to contest any prediction contrary to our interest: it can always be argued that these predictions rest on a wrong classification of data. My conjecture is that this (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  6. David Teira (2007). Milton Friedman, the Statistical Methodologist. History of Political Economy 39 (3):511-28.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  7. David Teira (2006). A Positivist Tradition in Early Demand Theory. Journal of Economic Methodology 13 (1):25-47.
    In this paper I explore a positivist methodological tradition in early demand theory, as exemplified by several common traits that I draw from the works of V. Pareto, H. L. Moore and H. Schultz. Assuming a current approach to explanation in the social sciences, I will discuss the building of their various explanans, showing that the three authors agreed on two distinctive methodological features: the exclusion of any causal commitment to psychology when explaining individual choice and the mandate to test (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
Invisible Hand Explanations
  1. Anna Alexandrova (2009). The Invisible Hand in Economics: How Economists Explain Unintended Social Consequences , N. Emrah Aydinonat, Routledge, 2008, XVI + 258 Pages. Economics and Philosophy 25 (3):371-378.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: journals.cambridge.org dx.doi.org   | Scholar | At my library | More options ...
  2. N. Emrah Aydinonat (2008). The Invisible Hand in Economics: How Economists Explain Unintended Social Consequences. Routledge.
    Introduction -- Unintended consequences -- The origin of money -- Segregation -- The invisible hand -- The origin of money reconsidered -- Models and representation -- Game theory and conventions -- Conclusion.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  3. Geoffrey Brennan & Philip Pettit (1993). Hands Invisible and Intangible. Synthese 94 (2):191 - 225.
    The notion of a spontaneous social order, an order in human affairs which operates without the intervention of any directly ordering mind, has a natural fascination for social and political theorists. This paper provides a taxonomy under which there are two broadly contrasting sorts of spontaneous social order. One is the familiar invisible hand; the other is an arrangement that we describe as the intangible hand. The paper is designed to serve two main purposes. First, to provide a pure account (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: jstor.org   | Scholar | At my library | More options ...
  4. David L. Hull (1997). What's Wrong with Invisible-Hand Explanations? Philosophy of Science 64 (4):126.
    An invisible hand seems to play an important role in science. In this paper I set out the general structure of invisible-hand explanations, counter some objections that have been raised to them, and detail the role that they play in science. The most important issue is the character of the mechanisms that are supposed to bring about invisible-hand effects.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: jstor.org journals.uchicago.edu dx.doi.org   | Scholar | At my library | More options ...
  5. Charles Sayward (1989). Is Any Economic System Unjust? Southwest Philosophy Review 5 (2).
    The morality of an economic system characterized as an Adam Smith type system is compared with one characterized by central planning. A prima facie case is made that, while the latter has attributes that satisfy a necessary condition for having moral attributes, the former does not and, as a result, has no moral attributes. But then a deeper look at the situation reveals that the directed systems really do not satisfy the necessary condition either. Both the directed and undirected systems (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  6. Edna Ullmann-Margalit (1978). Invisible-Hand Explanations. Synthese 39 (2):263 - 291.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: jstor.org   | Scholar | At my library | More options ...
  7. Petri Ylikoski (1995). The Invisible Hand and Science. Science Studies 8 (2):32-43.
Laws in Economics
  1. Gregory M. Mikkelson (2003). Ecological Kinds and Ecological Laws. Philosophy of Science 70 (5):1390-1400.
    Ecologists typically invoke "law-like" generalizations, ranging over "structural" and/or "functional" kinds, in order to explain generalizations about "historical" kinds (such as biological taxa)rather than vice versa. This practice is justified, since structural and functional kinds tend to correlate better with important ecological phenomena than do historical kinds. I support these contentions with three recent case studies. In one sense, therefore, ecology is, and should be, more nomothetic, or law-oriented, than idiographic, or historically oriented. This conclusion challenges several recent philosophical claims (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: journals.uchicago.edu jstor.org dx.doi.org   | Scholar | At my library | More options ...
Markets
  1. Lawrence A. Alexander (1983). Zimmerman on Coercive Wage Offers. Philosophy and Public Affairs 12 (2):160-164.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: jstor.org   | Scholar | At my library | More options ...
  2. Neera Badhwar (2008). Friendship and Commercial Societies. Politics, Philosophy and Economics 7 (3):301-326.
    Critics of commercial societies complain that the free-market system of property rights and freedom of contract tends to commodify relationships, thus eroding the bonds of personal and civic friendship. I argue that this thesis rests on a misunderstanding of both markets and friendship. As voluntary, reciprocal relationships, market relationships and friendship share important properties. Like all relations and activities that exercise important human capacities and play an important role in a meaningful life, market relations and activities are essentially structured and (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: ppe.sagepub.com dx.doi.org   | Scholar | At my library | More options ...
  3. Timothy J. Brennan (1994). Markets, Information, and Benevolence. Economics and Philosophy 10 (02):151-.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  4. Alex Broadbent (2011). Defining Neglected Disease. BioSocieties 6 (1):51-70.
    In this article I seek to say what it is for something to count as a neglected disease. I argue that neglect should be defined in terms of efforts at prevention, mitigation and cure, and not solely in terms of research dollars per disability-adjusted life-year. I further argue that the trend towards multifactorialism and risk factor thinking in modern epidemiology has lent credibility to the erroneous view that the primary problem with neglected diseases is a lack of research. A more (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  5. James M. Buchanan & Viktor J. Vanberg (1991). The Market as a Creative Process. Economics and Philosophy 7 (02):167-.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  6. Simon Caney & Cameron Hepburn (2011). Carbon Trading: Unethical, Unjust and Ineffective? Royal Institute of Philosophy Supplement 69:201-234.
    Cap-and-trade systems for greenhouse gas emissions are an important part of the climate change policies of the EU, Japan, New Zealand, among others, as well as China (soon). However, concerns have been raised on a variety of ethical grounds about the use of markets to reduce emissions. In this paper we examine three types of concern. The first holds that emissions trading schemes are 'unethical'. We examine five ethical objections. These objections hold that emissions trading is unethical because it: involves (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  7. Fred Carstensen (1995). Civil Authority and the Articulation of Markets. Critical Review 9 (4):585-594.
    Markets, law, and regulation are intimately intertwined. Thus, recent studies (by Morton Keller and Donald McCloskey et al.) of the intersection between public policy and the economy are both necessary and welcome. But the absence in these works of a nuanced conceptualization of the critical, constructive role of civil authority in the creation and maintenance of open, competitive markets, and the virtual absence of a concern for and understanding of the engines of real economic growth, results in scholarship that only (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  8. Marc A. Cohen (2010). The Narrow Application of Rawls in Business Ethics: A Political Conception of Both Stakeholder Theory and the Morality of Markets. Journal of Business Ethics 97:563-579.
    This paper argues that Rawls’ principles of justice provide a normative foundation for stakeholder theory. The principles articulate (at an abstract level) citizens’ rights; these rights create interests across all aspects of society, including in the space of economic activity; and therefore, stakeholders – as citizens – have legitimate interests in the space of economic activity. This approach to stakeholder theory suggests a political interpretation of Boatright’s Moral Market approach, one that emphasizes the rights/place of citizens. And this approach to (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  9. Daniel Halliday (2011). Book Review: Jonathan Wolff, 'Ethics and Public Policy: A Philosophical Inquiry'. [REVIEW] Notre Dame Philosophical Reviews (2011.12.16).
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  10. Gordon Hull, Geographic Source Indicators in and as Branding Culture.
    Geographic Indications (GIs) are a form of trademark protection afforded to products that are historically the product of a particular place and production process by restricting use of the name to products that actually come from the place in question; “Champagne” can only come from that region of France, for example. GIs are often proposed as a way to protect indigenous cultural products from Western appropriation: a global GI regime would ensure that “Mysore” silk sarees were produced in India, and (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | More options ...
  11. J. F. Humphrey (2010). Reflections on the Economic Crisis. The Transcendental Character of Money: An Exposition of Karl Marx’s Argument in the Grundrisse. Nordicum-Mediterraneum, Vol. 5, No. 1 (March 2010) 5 (1).
    An exposition of Karl Marx’s argument in the Grundrisse for the logical development of money, this essay is divided into three parts. Since Marx is concerned to distinguish himself and his method from that of the seventeenth century political economists, I begin my paper with a brief reflection on “the scientifically correct method” or the “theoretical method” (Grundrisse 101 and 102). The second part of this paper considers how Marx justifies beginning his reflection with the concept of production in general. (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  12. Henry Laycock (1980). Karl Marx's Theory of History, a Defense by G. A. Cohen; Marx's Theory of History by William H. Shaw. Canadian Journal of Philosophy 10 (2):335-356.
    "Capital is moved as much and as little by the degradation and final depopulation of the human race, as by the probable fall of the earth into the sun. Apres moi le deluge! is the watchword of every capitalist and of every capitalist nation" (Marx, CAPITAL Vol 1, 380-381).
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: jstor.org.proxy.queensu.ca   | Scholar | At my library | More options ...
  13. Thaddeus Metz (2000). Arbitrariness, Justice, and Respect. Social Theory and Practice 26 (1):25-45.
    I examine John Rawls' objection to libertarianism that it permits economic shares to be distributed in a morally arbitrary way. This argument was dropped largely for two reasons. First, talk of "arbitrariness" has been vague and associated with implausible views about moral desert, collective assets, and noumenal selves. Second, several criticisms which Robert Nozick made 25 years ago have gone unanswered. In this essay, I reconstruct the arbitrariness argument, giving it a new, Kantian interpretation, and I show that the new (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: pdcnet.org   | Scholar | At my library | More options ...
  14. Daniel Moseley (forthcoming). A Lockean Argument for Basic Income. Basic Income Studies.
    There are strong Lockean considerations that count in favor of a global basic income program. This paper articulates a conception of equal share left-libertarianism that is supported by the rights of full self-ownership and world-ownership. It is argued that an appropriately constructed global basic income program would be a key institution for promoting the rights of full self-ownership and world-ownership.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  15. Ryan Muldoon, Michael Borgida & Michael Cuffaro (forthcoming). The Conditions of Tolerance. Politics, Philosophy and Economics.
    The philosophical tradition of liberal political thought has come to see tolerance as a crucial element of a liberal political order. However, while much has been made of the value of tolerance, little work has been done on individual-level motivations for tolerant behavior. In this paper, we seek to develop an account of rational motivations to tolerant behavior, and where the limits of tolerance lie. We first present a very simple model of rational motivations for tolerance. Key to this model (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  16. Fabienne Peter (2004). Choice, Consent, and the Legitimacy of Market Transactions. Economics and Philosophy 20 (1):1-18.
    According to an often repeated definition, economics is the science of individual choices and their consequences. The emphasis on choice is often used – implicitly or explicitly – to mark a contrast between markets and the state: While the price mechanism in well-functioning markets preserves freedom of choice and still efficiently coordinates individual actions, the state has to rely to some degree on coercion to coordinate individual actions. Since coercion should not be used arbitrarily, coordination by the state needs to (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: journals.cambridge.org dx.doi.org   | Scholar | At my library | More options ...
  17. Roland Pierik (2004). Child Labor Abroad: Five Policy Options. Philosophy & Public Policy Quarterly 24 (3):9-13.
    Differences in socioeconomic and infrastructural elements among nations, differing conceptions about childhood, and the failure to distinguish between child work and child labor render a simple ban on child labor abroad idealistic and impractical.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  18. Mason Richey (2005). Thoughts on the Theory and Practice of Speculative Markets Qua Event Predictors. Essays in Philosophy 6 (1).
    This paper analyzes the proposed use of combinatorial derivatives markets for event prediction, especially for catastrophic events such as terrorism, war, or political assasination. Following a presentation of the philosophical principles underlying these politico-economic tools, I examine case studies (U.S. DoD proposals) that evaluate their advantages and disadvantages in terms of both efficacy and moral considerations. I conclude that these markets are both fatally flawed due to internal conceptual contradictions and morally problematic.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: commons.pacificu.edu   | Scholar | At my library | More options ...
  19. Robert Sparrow & Robert Goodin (2001). The Competition of Ideas: Market or Garden? Critical Review of International Social and Political Philosophy 4 (2):45-58.
    The ‘marketplace of ideas’ is an influential metaphor with widespread currency in debates about freedom of speech. We explore a number of ways competition between ideas might be described as occurring in a marketplace and find that none support the use of the metaphor. We suggest that an alternative metaphor, that of the ‘garden of ideas’, may offer more productive insights into issues surrounding the regulation of speech.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
Models in Economics
  1. Roger E. Backhouse (1993). Lakatosian Perspectives on General Equilibrium Analysis. Economics and Philosophy 9 (02):271-.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  2. Marcel J. Boumans, Built-in Justification.
    In several accounts of what models are and how they function a specific view dominates. This view contains the following characteristics. First, there is a clear-cut distinction between theories, models and data and secondly, empirical assessment takes place after the model is built. This view in which discovery and justification are disconnected is not in accordance with several practices of mathematical business-cycle model building. What these practices show is that models have to meet implicit criteria of adequacy, such as satisfying (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | More options ...
  3. Marcel J. Boumans, Calibration of Models in Experiments.
    The assessment of models in an experiment depends on their material nature and their function in the experiment. Models that are used to make the phenomenon under investigation visible - sensors - are assessed by calibration. However, calibration strategies assume material intervention. The experiment discssed in this paper is an experiment in economics to measure the influence of technology shocks on business cycles. It uses immaterial, mathematical instruments. It appears that calibration did not work for these kinds of models, it (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | More options ...
  4. Marcel J. Boumans, Grey-Box Understanding in Economics.
    In economics, models are built to answer specific questions. Each type of question requires its own type of models; in other words, it defines the requirements that a model should meet and thereby instructs how the models should be built. An explanation is an answer to a ‘why’-question. In economics, this answer is provided by a white-box model. To answer a ‘how much’-question, which is asking for a measurement, economists can make use of black-box models. Economic phenomena are often (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | More options ...
  5. Marcel J. Boumans, Measurement in Economics.
    The Representational Theory of Measurement conceives measurement as establishing homomorphisms from empirical relational structures into numerical relation structures, called models. There are two different approaches to deal with the justification of a model: an axiomatic and an empirical approach. The axiomatic approach verifies whether a given relational structure satisfies certain axioms to secure homomorphic mapping. The empirical approach conceives models to function as measuring instruments by transferring observations of an economic system into quantitative facts about that system. These facts are (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | More options ...
  6. Marcel J. Boumans, Models in Economics.
    Halfway through the 1930s, a new practice was born that was based on instruments called 'models'. This practice is characterized by building and applying empirical models, i.e. representations of (aspects of) the world. The aim of this chapter is to explore these kinds of representations.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | More options ...
  7. Boudewijn de Bruin (2009). Overmathematisation in Game Theory: Pitting the Nash Equilibrium Refinement Programme Against the Epistemic Programme. Studies in History and Philosophy of Science Part A 40 (3):290-300.
    The paper argues that the Nash Equilibrium Refinement Programme in game theory was less successful than its competitor, the Epistemic Programme (Interactive Epistemology). The prime criterion of success is the extent to which the programmes were able to reach the key objective guiding non-cooperative game theory for much of the 20th century, namely, to develop a complete characterisation of the strategic rationality of economic agents in the form of the ultimate game theoretic solution concept for any normal form and extensive (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  8. Boudewijn de Bruin (2009). On the Narrow Epistemology of Game Theoretic Agents. In Ondrej Majer, Ahti-Veikko Pietarinen & Tero Tulenheimo (eds.), Games: Unifying Logic, Language, and Philosophy. Springer.
    I argue that game theoretic explanations of human actions make implausible epistemological assumptions. A logical analysis of game theoretic explanations shows that they do not conform to the belief-desire framework of action explanation. Epistemic characterization theorems (specifying sufficient conditions for game theoretic solution concepts to obtain) are argued to be the canonical way to make game theory conform to that framework. The belief formation practices implicit in epistemic characterization theorems, however, disregard all information about players except what can be found (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  9. Brian Epstein (2008). When Local Models Fail. Philosophy of the Social Sciences 38 (1):3-24.
    Models treating the simple properties of social groups have a common shortcoming. Typically, they focus on the local properties of group members and the features of the world with which group members interact. I consider economic models of bureaucratic corruption, to show that (a) simple properties of groups are often constituted by the properties of the wider population, and (b) even sophisticated models are commonly inadequate to account for many simple social properties. Adequate models and social policies must treat certain (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: pos.sagepub.com dx.doi.org   | Scholar | At my library | More options ...
  10. Ondrej Majer, Ahti-Veikko Pietarinen & Tero Tulenheimo (2009). Games: Unifying Logic, Language, and Philosophy. Springer Verlag.
    This volume presents mathematical game theory as an interface between logic and philosophy.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  11. Mary S. Morgan & Marcel J. Boumans, Secrets Hidden by Two-Dimensionality: The Economy as a Hydraulic Machine.
    A long-standing tradition presents economic activity in terms of the flow of fluids. This metaphor lies behind a small but influential practice of hydraulic modelling in economics. Yet turning the metaphor into a three-dimensional hydraulic model of the economic system entails making numerous and detailed commitments about the analogy between hydraulics and the economy. The most famous 3-D model in economics is probably the Phillips machine, the central object of this paper.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | More options ...
  12. John Pemberton (2005). Why Idealized Models in Economics Have Limited Use. Poznan Studies in the Philosophy of the Sciences and the Humanities 86 (1):35-46.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  13. Collin Rice & Joshua Smart (2011). Interdisciplinary Modeling: A Case Study of Evolutionary Economics. Biology and Philosophy 26 (5):655-675.
    Biologists and economists use models to study complex systems. This similarity between these disciplines has led to an interesting development: the borrowing of various components of model-based theorizing between the two domains. A major recent example of this strategy is economists’ utilization of the resources of evolutionary biology in order to construct models of economic systems. This general strategy has come to be called evolutionary economics and has been a source of much debate among economists. Although philosophers have developed literatures (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org springerlink.com   | Scholar | At my library | More options ...
  14. Robert Sugden (2009). Credible Worlds, Capacities and Mechanisms. Erkenntnis 70 (1):3 - 27.
    This paper asks how, in science in general and in economics in particular, theoretical models aid the understanding of real-world phenomena. Using specific models in economics and biology as test cases, it considers three alternative answers: that models are tools for isolating the ‘capacities’ of causal factors in the real world; that modelling is ‘conceptual exploration’ which ultimately contributes to the development of genuinely explanatory theories; and that models are credible counterfactual worlds from which inductive inferences can be made. The (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: jstor.org   | Scholar | At my library | More options ...
Naturalism in Economics
  1. Giacomo Bonanno, Christian List, Bertil Tungodden & Peter Vallentyne (2008). Introduction to the Special Issue of Economics and Philosophy on Neuroeconomics. Economics and Philosophy 24 (3):301-302.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: journals.cambridge.org dx.doi.org   | Scholar | At my library | More options ...
  2. John B. Davis (2007). Economic Theory and Cognitive Science, by Don Ross. MIT Press, 2005, 384 Pages. Economics and Philosophy 23 (2):245-252.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: journals.cambridge.org dx.doi.org   | Scholar | At my library | More options ...
Rationality in Economics
  1. Patrick Allo (2006). M. Augier and J. G. March (Eds): Models of a Man: Essays in Memory of Herbert Simon. Minds and Machines 16 (2).
    Herbert Simon (1916–2001) was definitely 20th century’s most influential proponent of bounded rationality. His work was of a highly philosophical nature, but—as made clear time and again in this book—his ideas did not originate in philosophy at all. If the present collection of essays has any value to the philosophically oriented reader, it lies in the way it shows how a traditionally philosophical topic as human rationality and action cannot be claimed by philosophy alone. Even more, it shows that important (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  2. Erik Angner (2002). Levi's Account of Preference Reversals. Economics and Philosophy 18 (2):287-302.
    This paper argues that Isaac Levi's account of preference reversals is only a limited success. Levi succeeds in showing that an agent acting in accord with his theory may exhibit reversals. Nevertheless, the specific account that Levi presents in order to accommodate the behavior of experimental subjects appears to be disconfirmed by available evidence.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dpo.uab.edu journals.cambridge.org journals.cambridge.org dx.doi.org   | Scholar | At my library | More options ...
  3. Ken Binmore (1988). Modeling Rational Players: Part II. Economics and Philosophy 4 (01):9-.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  4. Ken Binmore (1987). Modeling Rational Players: Part I. Economics and Philosophy 3 (02):179-.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  5. Giacomo Bonanno (1991). The Logic of Rational Play in Games of Perfect Information. Economics and Philosophy 7 (01):37-.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  6. Walter Bossert & Kotaro Suzumura (2009). External Norms and Rationality of Choice. Economics and Philosophy 25 (2):139-152.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: journals.cambridge.org dx.doi.org   | Scholar | At my library | More options ...
  7. Thomas A. Boylan & Ruvin Gekker (2009). Economics, Rational Choice and Normative Philosophy. Routledge.
    Following Amartya Sen’s insistence to expand the framework of rational choice theory by taking into account ‘non-utility information,’ economists, political scientists and philosophers have recently concentrated their efforts in analysing the issues related to rights, freedom, diversity intentions and equality. Thomas Boylan and Ruvin Gekker have gathered essays that reflect this trend. The particular themes addressed in this volume include: the measurement of diversity and freedom, formal analysis of individual rights and intentions, judgment aggregation under constraints and strategic manipulation in (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  8. Thorsten Clausing (2004). Belief Revision in Games of Perfect Information. Economics and Philosophy 20 (1):89-115.
    A syntactic formalism for the modeling of belief revision in perfect information games is presented that allows to define the rationality of a player's choice of moves relative to the beliefs he holds as his respective decision nodes have been reached. In this setting, true common belief in the structure of the game and rationality held before the start of the game does not imply that backward induction will be played. To derive backward induction, a “forward belief” condition is formulated (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: journals.cambridge.org dx.doi.org   | Scholar | At my library | More options ...
  9. Robin P. Cubitt (1993). On the Possibility of Rational Dilemmas: An Axiomatic Approach. Economics and Philosophy 9 (01):1-.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  10. Jon Elster (1985). Weakness of Will and the Free-Rider Problem. Economics and Philosophy 1 (02):231-.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  11. Johan E. Gustafsson (2011). An Extended Framework for Preference Relations. Economics and Philosophy 27 (3):360–367.
    In order to account for non-traditional preference relations the present paper develops a new, richer framework for preference relations. This new framework provides characterizations of non-traditional preference relations, such as incommensurateness and instability, that may hold when neither preference nor indifference do. The new framework models relations with swaps, which are conceived of as transfers from one alternative state to another. The traditional framework analyses dyadic preference relations in terms of a hypothetical choice between the two compared alternatives. The swap (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: johanegustafsson.net journals.cambridge.org dx.doi.org   | Scholar | At my library | More options ...
  12. Bernard Hodgson (1992). Rationality in Economics, Shaun Hargreaves Heap. Oxford: Basil Blackwell, 1989, Ix + 224 Pages. Economics and Philosophy 8 (02):290-.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org   | Scholar | At my library | More options ...
  13. Jonathan Kaplan (2008). Economic Rationality and Explaining Human Behavior: An Adaptationist Program? International Journal of Interdisciplinary Social Sciences 3 (7):79-94.
    Attempts to explain human behavior that appeal to economic rationality share many of the same ontological as- sumptions and methodological practices that the so-called ‘adaptationist program’ in biology was criticized for. This program in biology was largely abandoned by biologists as poorly motivated, and replaced with the active testing of both adaptive and non-adaptive hypotheses regarding the spread and maintenance of traits in populations. This development was largely welcome by the biological <span class='Hi'>community</span>, despite having required the development of new (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  14. Aldo Montesano (1993). On the Twofold Meaning of Rationality in Economics. International Studies in the Philosophy of Science 7 (1):65 – 67.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: informaworld.com dx.doi.org   | Scholar | At my library | More options ...
  15. Michiru Nagatsu (forthcoming). The Limits of Unification for Theory Appraisal: A Case of Economics and Psychology. Synthese.
    In this paper I examine Don Ross’s application of unificationism as a methodological criterion of theory appraisal in economics and cognitive science. Against Ross’s critique that explanations of the preference reversal phenomenon by the ‘heuristics and biases’ programme is ad hoc or ‘Ptolemaic’, I argue that the compatibility hypothesis, one of the explanations offerd by this programme, is theoretically and empirically well-motivated. A careful examination of this hypothesis suggests several strengths of a procedural approach to modelling cognitive processes underlying individual (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  16. Michiru Nagatsu (2010). Beyond Circularity and Normativity: Measurement and Progress in Behavioral Economics. Philosophy of the Social Sciences 40 (2):265-290.
    This article assesses two major conceptual arguments against theories of choice.The first argument concerns the circularity of belief-desire psychology, on which decision theory is based. The second argument concerns the normativity arising from the concept of rationality. Each argument is evaluated against experimental practice in economics and psychology, and it is concluded that both arguments fail to establish their skeptical conclusion that there can be no science of intentional human actions.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: pos.sagepub.com dx.doi.org   | Scholar | At my library | More options ...
  17. Don Ross (2009). Rationality in Economics , Vernon L. Smith, Cambridge University Press, 2008, XX + 364 Pages. Economics and Philosophy 25 (3):403-410.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
  18. Vernon L. Smith (2008). Rationality in Economics: Constructivist and Ecological Forms. Cambridge University Press.
    The principal findings of experimental economics are that impersonal exchange in markets converges in repeated interaction to the equilibrium states implied by economic theory, under information conditions far weaker than specified in the theory. In personal, social, and economic exchange, as studied in two-person games, cooperation exceeds the prediction of traditional game theory. This book relates these two findings to field studies and applications and integrates them with the main themes of the Scottish Enlightenment and with the thoughts of F. (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
Reduction in Economics
  1. Andy Denis, Some Notes on Methodological Individualism: Orthodox and Heterodox Views.
    methodology both of neoclassical and Austrian economics, as well as other approaches, from New Keynesianism to analytical Marxism. Yet there is considerable controversy as to what the phrase means. Moreover, the methodologies of those to whom the theoretical practice of MI is ascribed differ profoundly on the status of the individual economic agent: economics.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | More options ...
  2. Roberto Fumagalli (2011). On the Neural Enrichment of Economic Models: Tractability, Trade-Offs and Multiple Levels of Description. Biology and Philosophy 26 (5):617-635.
    In the recent literature at the interface between economics, biology and neuroscience, several authors argue that by adopting an interdisciplinary approach to the analysis of decision making, economists will be able to construct predictively and explanatorily superior models. However, most economists remain quite reluctant to import biological or neural insights into their account of choice behaviour. In this paper, I reconstruct and critique one of the main arguments by means of which economists attempt to vindicate their conservative position. Furthermore, I (...)
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation  | Other links: dx.doi.org springerlink.com   | Scholar | At my library | More options ...
  3. Michiru Nagatsu (2010). Function and Mechanism: The Metaphysics of Neuroeconomics. Journal of Economic Methodology 17 (2):197-205.
    In this paper, I examine metaphysical aspects in the neuroeconomics debate. I propose that part of the debate can be better understood by supposing two metaphysical stances, mechanistic and functional. I characterize the two stances, and discuss their relations. I consider two models of framing, in order to illustrate how the features of mechanistic and functional stances figure in the practice of the sciences of individual decision making.
    Reading list   |  Discuss  |  Edit  |  Categorize  |  Remove from this list |
     
    My bibliography  |
     
    Export citation | Scholar | At my library | More options ...
1 — 100 / 107