Every Thing Must Go aruges that the only kind of metaphysics that can contribute to objective knowledge is one based specifically on contemporary science as it ...

This book argues that the only kind of metaphysics that can contribute to objective knowledge is one based specifically on contemporary science as it really is, and not on philosophers' a priori intuitions, common sense, or simplifications of science. In addition to showing how recent metaphysics has drifted away from connection with all other serious scholarly inquiry as a result of not heeding this restriction, this book demonstrates how to build a metaphysics compatible with current fundamental physics, which, when combined (...) with metaphysics of the special sciences, can be used to unify physics with the other sciences without reducing these sciences to physics itself. Taking science metaphysically seriously, this book argues, means that metaphysicians must abandon the picture of the world as composed of self-subsistent individual objects, and the paradigm of causation as the collision of such objects. The text assesses the role of information theory and complex systems theory in attempts to explain the relationship between the special sciences and physics, treading a middle road between the grand synthesis of thermodynamics and information, and eliminativism about information. The consequences of the books' metaphysical theory for central issues in the philosophy of science are explored, including the implications for the realism versus empiricism debate, the role of causation in scientific explanations, the nature of causation and laws, the status of abstract and virtual objects, and the objective reality of natural kinds. (shrink)

In this study, Don Ross explores the relationship of economics to other branches of behavioral science, asking, in the course of his analysis, under what interpretation economics is a sound empirical science. The book explores the relationships between economic theory and the theoretical foundations of related disciplines that are relevant to the day-to-day work of economics -- the cognitive and behavioral sciences. It asks whether the increasingly sophisticated techniques of microeconomic analysis have revealed any deep empirical regularities -- whether technical (...) improvement represents improvement in any other sense. Casting Daniel Dennett and Kenneth Binmore as its intellectual heroes, the book proposes a comprehensive model of economic theory that, Ross argues, does not supplant, but recovers the core neoclassical insights, and counters the caricaturish conception of neoclassicism so derided by advocates of behavioral or evolutionary economics. Because he approaches his topic from the viewpoint of the philosophy of science, Ross devotes one chapter to the philosophical theory and terminology on which his argument depends and another to related philosophical issues. Two chapters provide the theoretical background in economics, one covering developments in neoclassical microeconomics and the other treating behavioral and experimental economics and evolutionary game theory. The three chapters at the heart of the argument then apply theses from the philosophy of cognitive science to foundational problems for economic theory. In these chapters, economists will find a genuinely new way of thinking about the implications of cognitive science for economics, and cognitive scientists will find in economic behavior, a new testing site for the explanations of cognitive science. (shrink)

Original essays by leading philosophers of science explore the question of whether metaphysics can and should be naturalized--conducted as part of natural science.

The Right and the Good, a classic of twentieth-century philosophy by the great scholar Sir David Ross, is now presented in a new edition with a substantial introduction by Philip Stratton-Lake, a leading expert on Ross. Ross's book is the pinnacle of ethical intuitionism, which was the dominant moral theory in British philosophy for much of the nineteenth and early twentieth century. Intuitionism is now enjoying a considerable revival, and Stratton-Lake provides the context for a proper understanding of Ross's great (...) work today. (shrink)

I distinguish between two styles of research that are both called . Neurocellular economics (NE) uses the modelling techniques and mathematics of economics to model relatively encapsulated functional parts of brains. This approach rests upon the fact that brains are, like markets, massively distributed information-processing networks over which executive systems can exert only limited and imperfect governance. Harrison's (2008) deepest criticisms of neuroeconomics do not apply to NE. However, the more famous style of neuroeconomics is behavioural economics in the scanner. (...) This is often motivated by complaints about conventional economics frequently heard from behavioural economists. It attempts to use neuroimaging data to justify arguments for replacing standard aspects of microeconomic theory by facts and conjectures about human psychology. Harrison's grounds for unease about neuroeconomics apply to most BES, or at least to its explicit methodology. This methodology is naively reductionist and illegitimately assumes that economics should not do what all successful science does, namely, model abstract aspects of its target phenomena instead of would-be complete and fully ecologically situated facsimiles of them. (shrink)

This chapter discusses the plausibility of the criticism against the thesis that external factors causally influence cognition and that they are, consequently, partly constitutive of cognition. The discussion should not be taken as implicitly proposing that the opposite theory is true, although the works of Adams and Aizawa suggest that they are defending internalism. This can be attributed to the fact that systems are, by definition, bounded; one must make assumptions about systems in developing cognitive models. This chapter defends the (...) position that metaphysical considerations should play no role in deciding how to model cognition. It further explains how there is no basis for a general fact of the matter about determining what is and what is not a cognitive system. (shrink)

Much behavioral welfare economics assumes that expected utility theory does not accurately describe most human choice under risk. A substantial literature instead evaluates welfare consequences by taking cumulative prospect theory as the natural default alternative, at least where description is concerned. We present evidence, based on a review of previous literature and new experimental data, that the most empirically adequate hypothesis about human choice under risk is that it is heterogeneous, and that where EUT does not apply, more choice is (...) characterized by rank-dependent utility models than by CPT. Most of the apparently loss-averse choice behavior results from probability weighting rather than from direct disutility experienced when an outcome is framed as a loss against an idiosyncratic reference point. We then consider implications of this finding for methodological debates about how to model welfare effects of policies, and argue that abandonment of a dogmatic belief in CPT as the correct theory of risk human choice exposes a conceptual error that is widespread in behavioral welfare economics. We provide concluding reflections on second-order, philosophical issues around the grounding of normative commitments in policy-focused economics. (shrink)

I investigate the extent to which there might be, now or in the future, non-human animals that partake in the kind of fully human-style consciousness that has been taken by many philosophers to be the basis of normative personhood. I first sketch a conceptual framework for considering the question, based on a range of philosophical literature on relationships between consciousness, language and personhood. I then review the standard basis for largely a priori skepticism about the possibility that any non-human animal (...) could experience FHSC and be a person to any extent, and indicate empirically motivated grounds for rejecting such skepticism, at least with respect to a select group of hypersocial candidate species with communication systems we do not currently know are not languages: corvids, parrots, elephants, and toothed whales. Relevant facts about elephants are reviewed in some detail, as a mini case study. While it is suggested that elephants might partake in the sort of consciousness characteristic of personhood to some extent, grounds are given for expecting that this extent is sharply limited by comparison with normal humans. As these grounds are mainly aspects of elephants’ external niche, however, rather than known limitations in their inboard cognitive or representational capacities, the surprising conclusion emerges that elephants might acquire FHSC, and thereby become persons, if they can be brought into conversation with humans, a possibility opened by considerations canvassed in the paper. (shrink)

The Oxford Handbook of Philosophy of Economics is a cutting-edge reference work to philosophical issues in the practice of economics. It is motivated by the view that there is more to economics than general equilibrium theory, and that the philosophy of economics should reflect the diversity of activities and topics that currently occupy economists. Contributions in the Handbook are thus closely tied to ongoing theoretical and empirical concerns in economics. Contributors include both philosophers of science and economists. Chapters fall into (...) three general categories: received views in philosophy of economics, ongoing controversies in microeconomics, and issues in modeling, macroeconomics, and development. Specific topics include methodology, game theory, experimental economics, behavioral economics, neuroeconomics, computational economics, data mining, interpersonal comparisons of utility, measurement of welfare and well being, growth theory and development, and microfoundations of macroeconomics. The Oxford Handbook of Philosophy of Economics is a groundbreaking reference like no other in its field. It is a central resource for those wishing to learn about the philosophy of economics, and for those who actively engage in the discipline, from advanced undergraduates to professional philosophers, economists, and historians. (shrink)

Ontic structural realism (OSR) is crucially motivated by empirical discoveries of fundamental physics. To this extent its potential to furnish a general metaphysics for science may appear limited. However, OSR also provides a good account of the progress that has been achieved over the decades in a formalized special science, economics. Furthermore, this has a basis in the ontology presupposed by economic theory, and is not just an artifact of formalization. †To contact the author, please write to: 4th Floor, Humanities (...) Building, University of Alabama at Birmingham, 900 13th Street South, Birmingham, AL 35294‐1260; School of Economics, Leslie Social Science Building, University of Cape Town, Private Bag, Rondebosch 7701, Cape Town, South Africa; e‐mail: [email protected] (shrink)

A wave of recent work in metaphysics seeks to undermine the anti-reductionist, functionalist consensus of the past few decades in cognitive science and philosophy of mind. That consensus apparently legitimated a focus on what systems do, without necessarily and always requiring attention to the details of how systems are constituted. The new metaphysical challenge contends that many states and processes referred to by functionalist cognitive scientists are epiphenomenal. It further contends that the problem lies in functionalism itself, and that, to (...) save the causal significance of mind, it is necessary to re-embrace reductionism. We argue that the prescribed return to reductionism would be disastrous for the cognitive and behavioral sciences, requiring the dismantling of most existing achievements and placing intolerable restrictions on further work. However, this argument fails to answer the metaphysical challenge on its own terms. We meet that challenge by going on to argue that the new metaphysical skepticism about functionalist cognitive science depends on reifying two distinct notions of causality (one primarily scientific, the other metaphysical), then equivocating between them. When the different notions of causality are properly distinguished, it is clear that functionalism is in no serious philosophical trouble, and that we need not choose between reducing minds or finding them causally impotent. The metaphysical challenge to functionalism relies, in particular, on a naïve and inaccurate conception of the practice of physics, and the relationship between physics and metaphysics. Key Words: explanation; functionalism; mental causation; metaphysics; reductionism. (shrink)

We discuss Russell's 1913 essay arguing for the irrelevance of the idea of causation to science and its elimination from metaphysics as a precursor to contemporary philosophical naturalism. We show how Russell's application raises issues now receiving much attention in debates about the adequacy of such naturalism, in particular, problems related to the relationship between folk and scientific conceptual influences on metaphysics, and to the unification of a scientifically inspired worldview. In showing how to recover an approximation to Russell's conclusion (...) while explaining scientists' continuing appeal to causal ideas (without violating naturalism by philosophically correcting scientists) we illustrate a general naturalist strategy for handling problems around the unification of sciences that assume different levels of naïveté with respect to folk conceptual frameworks. We do this despite rejecting one of the premises of Russell's argument, a version of reductionism that was scientifically plausible in 1913 but is not so now. (shrink)

A principal source of interest in behavioral economics has been its advertised contributions to policies aimed at ‘nudging’ people away from allegedly natural but self-defeating behavior toward patterns of response thought more likely to improve their welfare. This has occasioned controversies among economists and philosophers around the normative limits of paternalism, especially by technical policy advisors. One recent suggestion has been that ‘boosting,’ in which interventions aim to enhance people’s general cognitive skills and representational repertoires instead of manipulating their choice (...) environments behind their backs, avoids the main normative challenges. A limitation in most of this literature is that it has focused on relatively sweeping policy recommendations and consequently on strong polar alternatives of general paternalism and strict laissez faire. We review a real instance, drawn from a consulting project we conducted for an investment bank, of a proposed intervention that is more typical of the kind that economists are more often actually called upon to offer. In this example, the sophistication of current tools for preference attribution, combined with philosophical externalism about the semantics of preferences that makes it less plausible to attribute their literal self-conscious representation to people as propositional attitude content becomes more tightly refined, blocks applicability of the distinction between nudging and boosting. This seems to call for irreducible, context-specific ethical judgment in assessing the appropriateness of the forms of paternalism that economists must actually wrestle with in going about their everyday business. (shrink)

We critically review the methodological practices of two research programs which are jointly called?neuroeconomics?. We defend the first of these, termed?neurocellular economics? by Ross, from an attack on its relevance by Gul and Pesendorfer. This attack arbitrarily singles out some but not all processing variables as unimportant to economics, is insensitive to the realities of empirical theory testing, and ignores the central importance to economics of?ecological rationality?. GP ironically share this last attitude with advocates of?behavioral economics in the scanner?, the (...) other, and better known, branch of neuroeconomics. We consider grounds for skepticism about the accomplishments of this research program to date, based on its methodological individualism, its ad hoc econometrics, its tolerance for invalid reverse inference, and its inattention to the difficulties involved in extracting temporally lagged data if people's anticipation of reward causes pre-emptive blood flow. (shrink)

The idea that democracy is under threat, after being largely dormant for at least 40 years, is looming increasingly large in public discourse. Complex systems theory offers a range of powerful new tools to analyse the stability of social institutions in general, and democracy in particular. What makes a democracy stable? And which processes potentially lead to instability of a democratic system? This paper offers a complex systems perspective on this question, informed by areas of the mathematical, natural, and social (...) sciences. We explain the meaning of the term 'stability' in different disciplines and discuss how laws, rules, and regulations, but also norms, conventions, and expectations are decisive for the stability of a social institution such as democracy. (shrink)

This article addresses the question under what conditions it is still possible to think in today’s era of the Anthropocene, in which the human has become the key factor in the evolution of the biosphere, considering the fact, structurally neglected by philosophy, that thinking is thoroughly conditioned by a technical milieu of retentional dispositives. The Anthropocene results from modern technology’s domination of the earth through industrialization that is currently unfolding as a process of generalized, digital automation, which tends to eliminate (...) reflection and to block any genuine questioning of its own development, producing a state of generalized entropy at all levels—ecological, psychic, social, economic, and, in particular, the noetic or thinking. The radical undermining of the very possibility of thinking and questioning, thought by Martin Heidegger in terms of Enframing, should be understood as a pharmacological situation that calls for a therapeutic reversal of the toxicity of current digital technologies into a remedial instrument for realizing a negentropic turn beyond the Anthropocene and toward the Neganthropocene. This requires that thinking starts to understand itself as caring, i.e., as a taking care of itself by taking care of the technical pharmaka that thoroughly constitute and condition it and that can render human life as noetic life both deeply unlivable and profoundly worthwhile. (shrink)

Gul and Pesendorfer provide the best-known and most strident of a set of recent backlashes by economists against methodological revolutions promoted by some behavioural economists and neuroeconomists. Philosophers are likely to read these responses as merely reactionary, especially as their rhetoric goes beyond what their explicit argumentation validly supports. The present paper identifies the accurate insight on Gul and Pesendorfer's part that explains the impact of their philosophically ragged polemic. This centers on importantly different concepts of choice in the psychological (...) and economic literatures. The psychologist's idea of choice descends from a culturally familiar folk construct generally thought to lie within everyone's unreflective personal acquantance. By contrast, the economist's concept of choice refers to abstract sensitivity of behavioral patterns to changes in incentives, typically at the statistical level of populations. It is reasonable to regard this abstract idea as the basic subject matter of economics, just as Gul and Pesendorfer assert. Appreciating the difference between psychological choice and economic choice is crucial for understanding the methodologically schizophrenic character of neuroeconomics. Much of it merely identifies neural correlates of elements from models in the psychology of valuation. However, the neuroeconomics worthy of the name, as constructed by Glimcher and his collaborators, aims to unify economics and neuroscience. It so far fails to do so in an entirely satisfactory way because it falsely assumes that the conception of choice in psychology and economics is already shared. (shrink)

The essays in this collection step back to ask: Do the complex components of Dennett's work on intentionality, consciousness, evolution, and ethics themselves ...

FOUNDATIONS OF ETHICS THE GIFFORD LECTURES delivered in the University of Aberdeen, 1935-6 by SIR W. DAVID ROSS Provost of Oriel College, Oxford President of..

That the rationality of individual people is ‘bounded’ – that is, finite in scope and representational reach, and constrained by the opportunity cost of time – cannot reasonably be controversial as an empirical matter. In this context, the paper addresses the question as to why, if economics is an empirical science, economists introduce bounds on the rationality of agents in their models only grudgingly and partially. The answer defended in the paper is that most economists are interested primarily in markets (...) and only secondarily in the dynamics of individual decisions – specifically, they are interested in these dynamics mainly insofar as they might systematically influence the most useful approaches to modeling interesting markets. In market contexts, bounds on rationality are typically generated by institutional and informational properties specific to the market in question, which arise and are sustained by structural dynamics that do not originate in or reduce to individuals' decisions or psychologic.. (shrink)

The efforts of liberal thinkers to incorporate mutualistic social principles into Americans’ understanding of liberalism extended through the century, but the strongest and most holistic conceptions of the social sphere took hold during the New Deal era and World War II. Contrary to recent accounts that locate the weakening of that social liberal project in the 1970s and attribute it to underlying economic changes, this article builds on two generations of historiography to argue that the decline began during the long (...) 1950s when totalitarianism changed the political context of social thought. The theory of mass society that developed to explain the rise of totalitarianism replaced the citizens of liberal democratic theory with the anxious, rootless masses of modern society and forecast the collapse of liberal democracy into totalitarianism. Americans cast totalitarianism as the antithesis of America, its Other in the narrative of American identity, a threat both without and within. In that context, mutualistic conceptions of the social sphere were put on the defensive and individual liberty was valorized. Liberal intellectuals, trusting in American capitalism and in the weak social state, focused on the threat of McCarthyite anti-intellectualism and mass irrationality. Their commitment to social democracy weakened and their chief concern shifted to the no-longer-autonomous individuals of modern society. (shrink)

The most plausible of Yarkoni's paths to recovery for psychology is the least radical one: psychologists need truly quantitative methods that exploit the informational power of variance and heterogeneity in multiple variables. If they drop ambitions to explain entire behaviors, they could find a box full of design and econometric tools in the parts of experimental economics that don't ape psychology.

Leading addiction researchers survey the latest findings in addiction science, countering the simplistic cultural stereotypes of the addict.

In this article, I critically respond to Herbert Gintis's criticisms of the behavioral-economic foundations of Ken Binmore 's game-theoretic theory of justice. Gintis, I argue, fails to take full account of the normative requirements Binmore sets for his account, and also ignores what I call the ‘scale-relativity’ considerations built into Binmore 's approach to modeling human evolution. Paul Seabright's criticism of Binmore, I note, repeats these oversights. In the course of answering Gintis's and Seabright's objections, I clarify and extend Binmore (...) 's theory in a number of respects, integrating it with Kim Sterelny's and Don Ross's recent work on the evolution of people as cultural entities. The account also yields a novel basis for choosing between socialism and what Binmore calls ‘whiggery’ as normative political programs. Key Words: theory of justice • bargaining theory • evolutionary game theory • human evolution • Ken Binmore • Herbert Gintis • Kim Sterelny. (shrink)

Recent scientific findings about human decision making would seem to threaten the traditional concept of the individual conscious will. The will is threatened from "below" by the discovery that our apparently spontaneous actions are actually controlled and initiated from below the level of our conscious awareness, and from "above" by the recognition that we adapt our actions according to social dynamics of which we are seldom aware. In Distributed Cognition and the Will, leading philosophers and behavioral scientists consider how much, (...) if anything, of the traditional concept of the individual conscious will survives these discoveries, and they assess the implications for our sense of freedom and responsibility. The contributors all take science seriously, and they are inspired by the idea that apparent threats to the cogency of the idea of will might instead become the basis of its reemergence as a scientific subject. They consider macro-scale issues of society and culture, the micro-scale dynamics of the mind/brain, and connections between macro-scale and micro-scale phenomena in the self-guidance and self-regulation of personal behavior. Contributors: George Ainslie, Wayne Christensen, Andy Clark, Paul Sheldon Davies, Daniel C. Dennett, Lawrence A. Lengbeyer, Dan Lloyd, Philip Pettit, Don Ross, Tamler Sommers, Betsy Sparrow, Mariam Thalos, Jeffrey B. Vancouver, Daniel M. Wegner, Tadeusz W. ZawidzkiDon Ross is Professor of Philosophy and Professor of Finance, Economics, and Quantitative Methods at the University of Alabama at Birmingham and Professor of Economics at the University of Cape Town, South Africa. David Spurrett is Professor of Philosophy at the Howard College Campus of the University of KwaZulu-Natal, South Africa. Harold Kincaid is Professor and Chair of the Department of Philosophy and Director of the Center for Ethics and Values in the Sciences at the University of Alabama at Birmingham. G. Lynn Stephens is Professor of Philosophy at the University of Alabama at Birmingham. (shrink)

We consider motivations for acknowledging that people participate in multiple levels of economic agency. One of these levels is characterized in terms of subjective utility to the individual; another, frequently observed, level is characterized in terms of utility to social groups with which people identify. Following Bacharach, we describe such groups as ‘teams’. We review Bacharach’s theory of such identification in his account of ‘team reasoning’. While this conceptualization is useful, it applies only to processes supported by deliberation. As this (...) is only one of a range of causal mechanisms underlying behaviour by humans and other strategic agents, a more general account is desirable. We then argue that Stirling’s account of ‘conditional games’ achieves the desired generalization. (shrink)

Please note, this is the original Greek text. The Oxford Classical texts, of Scriptorum Classicorum Bibliotheca Oxeniensis, are renowned for their reliability and presentation.

Reply in Book Symposium on James Ladyman, Don Ross: 'Everything must go: metaphysics naturalized', Oxford: Oxford University Press, 2007.

Forty-two essays by authors from five continents and many disciplines provide a synthetic account of the history of the social sciences-including behavioral and economic sciences since the late eighteenth century. The authors emphasize the cultural and intellectual preconditions of social science, and its contested but important role in the history of the modern world. While there are many historical books on particular disciplines, there are very few about the social sciences generally, and none that deal with so much of the (...) world over so long a timespan. (shrink)

We describe how the set of tools, practices, and social relations known as “precision agriculture” is defined, promoted, and debated. To do so, we perform a critical discourse analysis of popular and trade press websites. Promoters of precision agriculture champion how big data analytics, automated equipment, and decision-support software will optimize yields in the face of narrow margins and public concern about farming’s environmental impacts. At its core, however, the idea of farmers leveraging digital infrastructure in their operations is not (...) new, as agronomic research in this vein has existed for over 30 years. Contemporary discourse in precision ag tends to favour emerging digital technologies themselves over their embeddedness in longstanding precision management approaches. Following several strands of science and technology studies research, we explore what rhetorical emphasis on technical innovation achieves, and argue that this discourse of novelty is a reinvention of precision agriculture in the context of the growing “smart” agricultural economy. We overview six tensions that remain unresolved in this promotional rhetoric, concerning the definitions, history, goals, adoption, uses, and impacts of precision agriculture. We then synthesize these in a discussion of the extent to which digital tools are believed to displace farmer decision-making and whether digital agriculture addresses the biophysical heterogeneity of farm landscapes or land itself has become an “experimental technology”—a way to advance the general development of artificial intelligence. This discussion ultimately helps us name a larger dilemma: that the smart agricultural economy is perhaps less about supporting land and its stewards than promising future tech and profits. (shrink)

In Of Grammatology, Derrida discusses Leroi-Gourhan in relating différance to memory, the ‘program’, and the history of life. In Technics and Time, 1, Stiegler argues that Derrida failed to draw all the philosophical implications of linking différance to the questions of life and retention. Derrida returned to the life sciences in 1975, in a seminar not published in its entirety until 2019. There, Derrida attempts to deconstruct the geneticist François Jacob's account of the ‘logic of life’, but Derrida's analysis of (...) different kinds of memory and programs seems confused, suggesting that the Derridean text remains haunted by the deficiencies of his earlier reading of Leroi-Gourhan. Later in the seminar, Derrida shows foresight concerning the problems arising from seeing the genetic molecule as akin to a computer program, despite Jacob making this link via Schrödinger and Wiener's discussions of negentropy. When Derrida turns to a reading of Freud and libidinal energy, however, he ‘assumes’ a reading of Laplanche but ignores the latter's critique of Freud's own preoccupations with the second law of thermodynamics. The limitations of Derrida's attempts to bring deconstruction together with scientific understanding expose the need for the kind of ‘organological’ and ‘neganthropological’ approach that Stiegler will ultimately pursue. (shrink)

Against the usual interpretation, which states that Afrofuturism is unreservedly technophilic, I argue that Afrofuturism is a radical critique of white technology. White technology is an acosmic technology that rejects its belonging to the cosmos. The Space Age and what is now called New Space are perfect illustrations of white technology and its anthropocentric enthusiasm. Rejecting this colonial and exploitative technology, Afrofuturism – from the music and poems of Sun Ra to the paintings of Wangechi Mutu to the poems and (...) activism of Alexis Pauline Gumbs – is first and foremost an attempt to use outer space not as a space open to conquest, but as a mediation, a stellar detour thanks to which our terrestrial condition could be politically and anthropologically rethought. At odds with any geoengineering project, Afrofuturism conjures up an “epoch of being” in which technology would be constantly inhabited by a form of uncanny that would definitively prevent human beings from considering technology as a way of mastering the Earth. (shrink)

Critics of mainstream economics typically rest important weight on the differences between people and the 'agents' that populate economic theory and economic models. Hollis and Nell (1975) is both representative of and ancestral to many more recent variations on the theme. Lately, the upgraded status of behavioral economics (BE) within the discipline's mainstream has encouraged a number of writers to use revolutionary rhetoric in promotion of a 'paradigm shift' that includes the rejection of 'rational economic man' (Ormerod 1994, Heilbroner and (...) Milburg 1995, Fullbrook 2003). The current leading developers of BE are generally more circumspect, claiming that their approach complements standard theory rather than promising to supplant it (Camerer and Loewenstein 2004, Angner and Loewenstein this volume). However, they generally join the more florid critics in supposing that microeconomics is bound to improve its empirical relevance to the extent that it substitutes the study of people for that of abstract economic agents. Another body of thought that promotes this view stems from Sen's (1977) attack on standard economic agents as 'rational fools', amplified in Davis's (2003) argument that since economic agents lack some essential properties of human individuals, economic theory requires fundamental reform if it is to make progress in explaining human behavior. (shrink)