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Philosophy and economics

München: Oldenbourg Verlag (2009)

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  1. A Decision Theorist’s Bhagavad Gita.Harald Wiese - 2016 - Journal of the Indian Council of Philosophical Research 33 (1):117-136.
    We analyze and interpret the Bhagavad Gītā from the point of view of decision theory. Arjuna asks Krishna for help in his decision of whether to fight or not. Broadly speaking, Arjuna prefers consequentialist arguments, while Krishna stresses the warrior’s svadharma. In doing so, Krishna can be considered to suggest a “new” twist on the standard decision model, in line with reason-based theories of choice. We also argue that Krishna’s svadharmic point of view can fruitfully be seen as an example (...)
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  • Norms as Equilibria.Bernd Lahno - 2016 - Analyse & Kritik 38 (2):433-458.
    This paper presents a survey on contemporary RC accounts of norms. The characteristic common feature of these accounts is that norms are understood as equilibrium selection devices. The most sophisticated positions driven by this idea are Herbert Gintis’ theory of norms as choreographers and Cristina Bicchieri’s theory of norms as solutions to mixed motive games. In order to give a comprehensive account of social norms, though, RC theory needs to be substantially extended. In particular, it seems to be impossible in (...)
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  • Team Reasoning as a Guide to Coordination.Bernd Lahno & Amrei Lahno - 2014 - Munich Discussion Paper No 2014-8.
    A particular problem of traditional Rational Choice Theory is that it cannot explain equilibrium selection in simple coordination games. In this paper we analyze and discuss the solution concept for common coordination problems as incorporated in the theory of Team Reasoning (TR). Special consideration is given to TR’s concept of opportunistic choice and to the resulting restrictions in using private information. We report results from a laboratory experiment in which teams were given a chance to coordinate on a particular pattern (...)
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