The aim of the present paper is to provide a logical reconstruction of the Marxian Theory of Value. This reconstruction is based upon the concept of abstract as opposed to that of homogeneous labor.labour is a social relation that holds in a market economy, whenever the profit rate is uniform; it consists in a comparison of the different labors through the exchange relationship. The author proved in a different place that there exists a mathematical representation of abstract labor which is (...) unique up to similarity transformations. The existence of this function -- which is none other than the value function -- is the basis of the present axiomatization, which includes detailed reconstructions of two of the most important models of the theory. (shrink)

Preface to the thematic volume Metatheoretical Structuralism: Some Recent Developments and Applications.

La literatura sobre teoría de juegos usualmente se ocupa de dar formulaciones de la misma que son suficientes para considerar aplicaciones específicas o para demostrar la existencia de equilibrios. Este artículo está dedicado a proveer una reconstrucción lógica sistemática de la TJ que busca determinar su elemento teórico básico a través de la formulación de su ley fundamental. Después de definir los conceptos de estrategia, procede a mostrar de qué manera cualquier estrategia conductual determina un espacio de probabilidad sobre las (...) historias del juego, como prolegómeno para definir el concepto de juego y considerar el problema de su aplicabilidad empírica. /// The literature on game theory is usually concerned with providing formulations of the same that are enough to consider specific applications, or to prove the existence of equilibria. This paper is devoted to provide a systematic logical reconstruction of TJ whose aim is to determine its basic theory-element through the formulation of its fundamental law. After defining the concepts of strategy, it proceeds to show how any behavioral strategy determines a probability space over the histories of the game, as a prolegomenon to the definition of the concept of game and the treatment of the problem of its empirical applicability. (shrink)

"Center for the Study of Language and Information, Leland Stanford Junior University.".

Economists have long grappled with the problem of how economic theories relate to empirical evidence: how can abstract mathematized theories be used to produce empirical claims? How are such theories applied to economic phenomena? What does it mean to "test" economic theories? This book introduces, explains, and develops a structural philosophy of economics which addresses these questions and provides a unifying philosophical/logical basis for a general methodology of economics. The book begins by introducing a rigorous view of the logical foundations (...) and structure of scientific theories based upon the work of Alfred Tarski, Patrick Suppes, Karl Marx, and others. Using and combining their methods, the book then goes on to reconstruct important economic theories - including utility theory, game theory, Marxian economics, Sraffian economic theory, and econometrics - proving all the main theorems and discussing the key claims and the empirical applicability of each theory. Through these discussions, this book presents, in a systematic fashion, a general philosophy of economics grounded in the structural view. Offering rigorous formulations of important economic theories, A Structuralist Theory of Economics will be invaluable to all readers interested in the logic, philosophy, and methodology of economics. It will also appeal particularly to those interested in economic theory. (shrink)

Even though Patrick Suppes made important contributions to utility theory, his final views on economic choice are quite critical of the expected-utility theories of rational choice. The aim of the present paper is to expose in a unified way his final views on economic choice and freedom. These views are part of his conception of causality and rationality.

After presenting a brief history of philosophy in Hispanic-America since the XVI century, we discuss whether the idea of province and empire is applicable to contemporary Hispanic-American philosophy, investigate the form these ideas adopt in this region, and inquire into the ways in which provincialism i s present in philosophical work. We conclude that there are three main groups that understand their peripheral position in different ways, with different views on the way in which they should insert into the mainstream (...) of Western philosophy. (shrink)

Secular Humanism has been unable to provide an adequate foundation for public ethics and has been destructive of those faith communities on which it depends for its very existence. Thus, what is required is a new political system, based on religious freedom and a dialogue which includes all these communities, that prevents such destruction and is able to provide a convincing public ethics.

La finalidad de este artículo es proveer una reconstrucción lógica del elemento teórico básico de la teoría del valor trabajo desde la perspectiva de la metateoría estructuralista. Las metas son esbozar con alguna precisión la ley fundamental de la teoría �la ley del valor� así como la aserción empírica.

The transformations that take place in the realm of high-energy physics, as well as the fact that reality appears to the distinct sciences as a stockpile of layers of laws and properties, seem to support an Aristotelian view of matter. This makes both interesting and relevant a fresh reconsideration of one of the most systematic formulations of such a view: that of Francis Suarez in his Metaphysical Disputations. This formulation is introduced here in a more contemporary language and from the (...) vantage point of three centuries of modern physics. (shrink)

The aim of the present paper is to attack some of the conceptual problems that arise when the framework of mathematical learning theory is applied to the description of the behavior of the firm, in setting prices and production quotas, in a competitive market. The goal is to depict the process by which the firm fixes prices and production quotas as a stochastic learning process. A solution to such problems is proposed which is based on statistical-decision concepts. The conceptualization of (...) the behavior of the firm by means of concepts pertaining to mathematical learning theory gives rise to certain mathematical problems, which are formulated here in rather precise terms. (shrink)

Aunque las contribuciones de Patrick Suppes en el ámbito de la lógica, la metodología y la losofía de la economía (por no mencionar a la propia economía) hayan sido importantes, los metodólogos de la economía apenas las conocen. El propósito de este artículo es cubrir este vacío. Presentaremos su concepción general de la losofía de la ciencia y analizaremos después con detalle su noción de modelos de datos, surgida de sus famosos experimentos sobre aprendizaje. Discutiremos también su concepción de la (...) medición fundamental en relación con tales experimentos. El artículo incluye además una amplia bibliografía de los trabajos de Suppes sobre el tema. (shrink)

Herman Dooyeweerd ( 1985 ) argued that among the modalities making up the fabric of reality a specifically economic one is to be found. The aim of the present paper is to discuss the texture of such a modality and how it both differentiates and intertwines with others. For an updated brief, albeit cogent and analytically lucid presentation of the Law Framework ontology, see Clouser ( 2009 ). Dooyeweerd’s view entails that the proper object of economics is irreducible to that (...) of other disciplines, but a non-reductionist view of the object of economics presupposes that the nuclear meaning of that discipline has been clearly delimited: this is required in order to determine its nature and separate identity as a scientific discipline. By ‘the nuclear meaning of a discipline’ I understand a pre-theoretical delimitation of its field of research, such as that of the field of physics, characterized by the laws governing force and energy. Within one and the same field there may be many theories, theories competing to explain the same phenomena, or dealing with phenomena so different that it is nearly impossible to trace conceptual connections among them. This last situation calls for a unified-field theory. In the second section of this paper I will attempt to defend a rather commonly accepted definition of the field of economics that sees this discipline as a science of choice. In the third I will show how the analytical conception it involves can be naturally complemented with a classificatory one. According to a classificatory conception, the aggregated social-level phenomena, patterns and regularities economic theories usually deal with, are economic in that sense, even though they are not prima facie cases of individual behavior, or are unintended consequences of aggregated individual choices. In the fourth I will discuss the meaning of the most general, supra-arbitrary economic laws—the modal laws of economics. In the final section I will offer a non-reductionist view of economics that nevertheless takes into account its intertwining with other spheres. (shrink)

The aim of the dissertation is to show that the logical foundations of the Marxian Theory of Value are reasonably sound. The first chapter presents a concise history of MTV and formulates in a detailed way the problem of foundations in MTV. This is the problem of proving the existence of labor-values in a general economy in which joint products, alternative techniques, and heterogeneous labor are allowed. ;In the second chapter the problem is tackled through the demonstration that there is (...) a measurement of abstract labor in such general systems, where abstract labor is understood as a binary relation over the set of labor expenditures induced by a system of prices, in a commodity economy, that satisfies certain properties. It is also shown that whenever the rate of profit is uniform the price system satisfies such properties. ;Using the results of the second chapter, in the last chapter an axiomatization of MTV is provided and two of the most typical models of MTV are reconstructed in terms of abstract labor in a very detailed way. The first of these is the classical Leontief model and the second one is a more general model due to John K. Roemer. The conclusion of the dissertation is that the foundations of MTV are as sound as those of Neo-classical Economics. (shrink)

Written before the impressive collapse of the socialist system in Eastern Europe, this book offers a quite objective and serious systematic analysis of the Marxian labor theory of value, Marx's main scientific legacy. After reconstructing the 'prototype' of this theory - which is the theory as it was left by Marx himself in Capital - the author proceeds to a careful and detailed analysis of its foundational problems, taking into account Bohm-Bawerk's important criticisms. After introducing advanced contemporary formal tools, the (...) author proceeds to a thorough discussion of the dialectical method, just in order to tackle the foundational problems of the theory. He provides a formally precise and well motivated definition of abstract labor, and then proceeds to prove the existence of a measurement of abstract labor - i.e. the existence of numerical labor-values. Using this result, the author provides rigorous axiomatic foundations for the theory of value and then proves the existence of a Marxian competitive equilibrium, which is tantamount to the proof of the possibility of reproduction for a capitalist economy. The author finishes the book by showing in detail how the problems of the prototype are solved, by reconstructing the Leontief model of the labor theory of value on the new logical bases. Written in a very clear style, in the language of contemporary philosophy of science, the book is of interest to philosophers of science and economists, applied logicians and all those interested in the scientific legacy of Karl Marx. (shrink)

Herman Dooyeweerd’s classical characterization of the meaning-kernel of the economic modality runs as follows:the sparing or frugal mode of administering scarce goods, implying an alternative choice of their destination with regard to thesatisfaction of different human needs.My first aim in this paper is to show that Dooyeweerd’s characterization of the meaning-kernel of the economic modality naturallyleads to neoclassical economic theory. In order to do this, I will provide an argument that, departing from Dooyeweerd’s definitionof the meaning-kernel of the economic modality, (...) concludes in a logical reconstruction of neoclassical economictheory . The fundamental law of this theory will turn out to be thus, naturally, a formulation of thefundamental modal law of economics. The second aim of the paper is epistemological since it discusses the methodological problem of the empirical claim of the theory. It is my hope that this discussion will clarify the limits of NET and provide a reply to the objections raised against it by Reformed scholars like Goudzwaard. (shrink)