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  1. added 2020-09-12
    An Argument Against Causal Decision Theory.Jack Spencer - forthcoming - Analysis.
    I formulate a principle of preference, which I call the Guaranteed Principle. I argue that the preferences of rational agents satisfy the Guaranteed Principle, that the preferences of agents who embody causal decision theory do not, and hence that causal decision theory is false.
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  2. added 2020-08-17
    A Hyper-Relation Characterization of Weak Pseudo-Rationalizability.Rush T. Stewart - forthcoming - Journal of Mathematical Psychology.
    I provide a characterization of weakly pseudo-rationalizable choice functions---that is, choice functions rationalizable by a set of acyclic relations---in terms of hyper-relations satisfying certain properties. For those hyper-relations Nehring calls extended preference relations, the central characterizing condition is weaker than (hyper-relation) transitivity but stronger than (hyper-relation) acyclicity. Furthermore, the relevant type of hyper-relation can be represented as the intersection of a certain class of its extensions. These results generalize known, analogous results for path independent choice functions.
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  3. added 2020-08-15
    Beyond Belief: Logic in Multiple Attitudes.Franz Dietrich, Antonios Staras & Robert Sugden - manuscript
    Choice-theoretic and philosophical accounts of rationality and reasoning address a multi-attitude psychology, including beliefs, desires, intentions, etc. By contrast, logicians traditionally focus on beliefs only. Yet there is 'logic' in multiple attitudes. We propose a generalization of the three standard logical requirements on beliefs -- consistency, completeness, and deductive closedness -- towards multiple attitudes. How do these three logical requirements relate to rational requirements, e.g., of transitive preferences or non-akratic intentions? We establish a systematic correspondence: each logical requirement (consistency, completeness, (...)
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  4. added 2020-06-28
    Reciprocità.Sergio Volodia Marcello Cremaschi, Giuseppe Papagno & Ghio Michelangelo - 2006 - In Virgilio Melchiorre (ed.), Enciclopedia filosofica. Milano, Italy: Bompiani. pp. 94986-94989.
    A discussion of distinct usages of the term reciprocity in philosophy of language, ethics, logic, anthropology and game theory.
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  5. added 2020-06-27
    In Favor of Mentalism in Economics: A Conversation with Christian List.Christian List & Catherine Herfeld - forthcoming - In Catherine Herfeld (ed.), Conversations on Rational Choice. Cambridge: Cambridge University Press.
    This is an edited transcript of a conversation to be included in the collection "Conversations on Rational Choice". The conversation was conducted in Munich on 7 and 9 February 2016.
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  6. added 2020-06-18
    Free Will in Human Behavior and Physics.Vasil Penchev - 2020 - Labor and Social Relations 30 (6):185-196.
    If the concept of “free will” is reduced to that of “choice” all physical world shares the latter quality. Anyway the “free will” can be distinguished from the “choice”: The “free will” involves implicitly a certain goal, and the choice is only the mean, by which the aim can be achieved or not by the one who determines the target. Thus, for example, an electron has always a choice but not free will unlike a human possessing both. Consequently, and paradoxically, (...)
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  7. added 2020-06-17
    Egoismo in economia.Sergio Volodia Marcello Cremaschi - 2006 - In Virgilio Melchiorre (ed.), Enciclopedia filosofica. Milano, Italy: Bompiani. pp. 3277-3279.
    A short discussion of the emergence of the self-interest axiom during the classical phase of political economy, its roots in the previous discussion on self-love in early modern ethics and its development in the following formulation of the notion of 'homo economicus' and the definition of the agent's rationality.
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  8. added 2020-06-15
    Das Recht auf unsinnige Entscheidungen: Kant gegen die neuen Paternalismen.Daniela Tafani - 2017 - Zeitschrift Für Rechtsphilosophie Neue Folge 1 (1):40-73.
    In recent decades, behavioral sciences have introduced into economic theories of choice the image of weak willed individuals with limited rationality, whose decisions are affected by systematic errors. From here, theorists of libertarian paternalism originate the thesis of the possibility of State interventions that promote citizens’ welfare by conditioning their choices while, at the same time, safeguarding their freedom. The Author asserts that such a public promotion of individual welfare is equivalent to the transformation of the welfare State into a (...)
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  9. added 2020-06-05
    Expected Value Under Normative Uncertainty.Franz Dietrich & Brian Jabarian - manuscript
    Maximising expected value is the classic doctrine in choice theory under empirical uncertainty, and a prominent proposal in the emerging philosophical literature on normative uncertainty, i.e., uncertainty about the standard of evaluation. But how should Expectationalism be stated in general, when we can face both uncertainties simultaneously, as is common in life? Surprisingly, different possibilities arise, ranging from Ex-Ante to Ex-Post Expectationalism, with several hybrid versions. The difference lies in the perspective from which expectations are taken, or equivalently the amount (...)
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  10. added 2020-05-22
    Choosing for Changing Selves.Richard Pettigrew - 2019 - Oxford, UK: Oxford University Press.
    What we value, like, endorse, want, and prefer changes over the course of our lives. Richard Pettigrew presents a theory of rational decision making for agents who recognise that their values will change over time and whose decisions will affect those future times.
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  11. added 2020-05-09
    The Sunk Cost "Fallacy" Is Not a Fallacy.Ryan Doody - 2020 - Ergo: An Open Access Journal of Philosophy 6:1153-1190.
    Business and Economic textbooks warn against committing the Sunk Cost Fallacy: you, rationally, shouldn't let unrecoverable costs influence your current decisions. In this paper, I argue that this isn't, in general, correct. Sometimes it's perfectly reasonable to wish to carry on with a project because of the resources you've already sunk into it. The reason? Given that we're social creatures, it's not unreasonable to care about wanting to act in such a way so that a plausible story can be told (...)
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  12. added 2020-04-22
    La riproduzione come fine ultimo degli organismi viventi: Genealogia di un paradigma economico.Davide Serpico, Luca Costa & Davide Rasino - 2014 - Naturalmente 27 (3):4-10.
    Mostrando le analogie tra il modello di Homo oeconomicus e quello che chiameremo Animal oeconomicum, nonché la genealogia del ragionamento “economico” applicato al comportamento animale, vengono messi in risalto gli impliciti e le debolezze di alcuni ragionamenti etologici frequenti; revisioni e critiche che hanno ridimensionato il concetto di Homo oeconomicus sono applicabili anche all’interpretazione raziocinante e calcolatrice del comportamento animale.
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  13. added 2020-02-19
    The Evolution of Social Contracts.Michael Vlerick - 2019 - Journal of Social Ontology 5 (2):181-203.
    Influential thinkers such as Young, Sugden, Binmore, and Skyrms have developed game-theoretic accounts of the emergence, persistence and evolution of social contracts. Social contracts are sets of commonly understood rules that govern cooperative social interaction within societies. These naturalistic accounts provide us with valuable and important insights into the foundations of human societies. However, current naturalistic theories focus mainly on how social contracts solve coordination problems in which the interests of the individual participants are aligned, not competition problems in which (...)
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  14. added 2020-01-27
    Morals From Rationality Alone? Some Doubts.J. P. Messina & David Wiens - 2020 - Politics, Philosophy and Economics 19 (3):248-273.
    Contractarians aim to derive moral principles from the dictates of instrumental rationality alone. But it is well-known that contractarian moral theories struggle to identify normative principles that are both uniquely rational and morally compelling. Michael Moehler's recent book, *Minimal Morality* seeks to avoid these difficulties by developing a novel "two-level" social contract theory, which restricts the scope of contractarian morality to cases of deep and persistent moral disagreement. Yet Moehler remains ambitious, arguing that a restricted version of Kant's categorical imperative (...)
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  15. added 2020-01-17
    How To Be Rational: How to Think and Act Rationally.David Robert - manuscript
    This paper is divided into 4 sections. In Sections 1 and 2, I address (1) how to acquire rational belief attitudes and (2) how to make rational choices. Building on Sections 1 and 2, I then answer two of the most pressing questions of our time: (3) Should you be skeptical of climate change? (4) Should you invest in life-extension medical research?
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  16. added 2020-01-08
    Weak Pseudo-Rationalizability.Rush Stewart - forthcoming - Mathematical Social Sciences.
    This paper generalizes rationalizability of a choice function by a single acyclic binary relation to rationalizability by a set of such relations. Rather than selecting those options in a menu that are maximal with respect to a single binary relation, a weakly pseudo-rationalizable choice function selects those options that are maximal with respect to at least one binary relation in a given set. I characterize the class of weakly pseudo-rationalizable choice functions in terms of simple functional properties. This result also (...)
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  17. added 2019-11-30
    La estructura lógica de la filosofía, la psicología, la mente y el lenguaje revelada en los escritos de Ludwig Wittgenstein y John Searle (revisado en 2019).Michael Richard Starks - 2019 - In Delirios Utópicos Suicidas en el Siglo 21 La filosofía, la naturaleza humana y el colapso de la civilización Artículos y reseñas 2006-2019 4TH Edición. Las Vegas, NV USA: Reality Press. pp. 2-102.
    Proporciono un estudio crítico de algunos de los principales hallazgos de Wittgenstein y Searle sobre la estructura lógica de la intencionalidad (mente, lenguaje, comportamiento), tomando como punto de partida el descubrimiento fundamental de Wittgenstein, que todos los problemas verdaderamente ' filosóficos ' son los mismos — confusiones sobre cómo usar el lenguaje en un contexto particular, y por lo que todas las soluciones son las mismas — observando cómo se puede utilizar el lenguaje en el contexto en cuestión para que (...)
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  18. added 2019-11-15
    Aggregation for General Populations Without Continuity or Completeness.David McCarthy, Kalle M. Mikkola & J. Teruji Thomas - 2019 - arXiv.
    We generalize Harsanyi's social aggregation theorem. We allow the population to be infi nite, and merely assume that individual and social preferences are given by strongly independent preorders on a convex set of arbitrary dimension. Thus we assume neither completeness nor any form of continuity. Under Pareto indifference, the conclusion of Harsanyi's theorem nevertheless holds almost entirely unchanged when utility values are taken to be vectors in a product of lexicographic function spaces. The addition of weak or strong Pareto has (...)
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  19. added 2019-11-15
    Review of The Trace of God: A Rational Warrant for Belief. By Joseph Hinman. [REVIEW]Lantz Fleming Miller - 2014 - Studies in Religion 43 (3):529-531.
    The ongoing debates about what rationality consists in remain unsettled and leave plenty of interpretation for what is rational in belief formation and action. Hinman risks a large step in seeming to assume that it is rational not to contravene scientific theories and findings and irrational to disallow this openness. These -- possibilities lending a potential for deistic beliefs not to be inconsistent with rationality. The presumed scientific approach to allowing a rationality in such belief revolves around the development of (...)
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  20. added 2019-09-21
    Risk Attitudes in Axiomatic Decision Theory: A Conceptual Perspective.Jean Baccelli - 2018 - Theory and Decision 84 (1):61-82.
    In this paper, I examine the decision-theoretic status of risk attitudes. I start by providing evidence showing that the risk attitude concepts do not play a major role in the axiomatic analysis of the classic models of decision-making under risk. This can be interpreted as reflecting the neutrality of these models between the possible risk attitudes. My central claim, however, is that such neutrality needs to be qualified and the axiomatic relevance of risk attitudes needs to be re-evaluated accordingly. Specifically, (...)
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  21. added 2019-09-21
    Le comportement et le concept de choix.Jean Baccelli - 2013 - Dialogue 52 (1):43-60.
    This note considers the conceptual part of Sen’s «Internal Consistency of Choice». Amongst the various claims this paper features, two are singled out. A first, negative, claim is that no formal condition of choice consistency is normatively compelling without exception. A second, positive, claim, is that a formal condition of choice consistency is normatively compelling only under some assumptions involving preference. Here, the puzzling choices Sen puts forward are scrutinized and it is argued that such a scrutiny leads to question (...)
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  22. added 2019-09-13
    Rational Choice and the Transitivity of Betterness.Toby Handfield - 2014 - Philosophy and Phenomenological Research 89 (3):584-604.
    If A is better than B and B is better than C, then A is better than C, right? Larry Temkin and Stuart Rachels say: No! Betterness is nontransitive, they claim. In this paper, I discuss the central type of argument advanced by Temkin and Rachels for this radical idea, and argue that, given this view very likely has sceptical implications for practical reason, we would do well to identify alternative responses. I propose one such response, which employs the idea (...)
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  23. added 2019-03-08
    Success-First Decision Theories.Preston Greene - 2018 - In Arif Ahmed (ed.), Newcomb's Problem. Cambridge University Press. pp. 115–137.
    The standard formulation of Newcomb's problem compares evidential and causal conceptions of expected utility, with those maximizing evidential expected utility tending to end up far richer. Thus, in a world in which agents face Newcomb problems, the evidential decision theorist might ask the causal decision theorist: "if you're so smart, why ain’cha rich?” Ultimately, however, the expected riches of evidential decision theorists in Newcomb problems do not vindicate their theory, because their success does not generalize. Consider a theory that allows (...)
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  24. added 2019-02-23
    The Dead Hands of Group Selection and Phenomenology -- A Review of Individuality and Entanglement by Herbert Gintis 357p (2017)(Review Revised 2019).Michael Starks - 2019 - In Suicidal Utopian Delusions in the 21st Century -- Philosophy, Human Nature and the Collapse of Civilization -- Articles and Reviews 2006-2019 4th Edition Michael Starks. Las Vegas, NV USA: Reality Press. pp. 364-376.
    Since Gintis is a senior economist and I have read some of his previous books with interest, I was expecting some more insights into behavior. Sadly, he makes the dead hands of group selection and phenomenology into the centerpieces of his theories of behavior, and this largely invalidates the work. Worse, since he shows such bad judgement here, it calls into question all his previous work. The attempt to resurrect group selection by his friends at Harvard, Nowak and Wilson, a (...)
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  25. added 2019-01-10
    The Credit Incentive to Be a Maverick.Remco Heesen - 2019 - Studies in History and Philosophy of Science Part A 76:5-12.
    There is a commonly made distinction between two types of scientists: risk-taking, trailblazing mavericks and detail-oriented followers. A number of recent papers have discussed the question what a desirable mixture of mavericks and followers looks like. Answering this question is most useful if a scientific community can be steered toward such a desirable mixture. One attractive route is through credit incentives: manipulating rewards so that reward-seeking scientists are likely to form the desired mixture of their own accord. Here I argue (...)
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  26. added 2018-11-06
    What’s a Rational Self-Torturer to Do?Douglas W. Portmore - manuscript
    This paper concerns Warren Quinn’s famous “The Puzzle of the Self-Torturer.” I argue that even if we accept his assumption that practical rationality is purely instrumental such that what he ought to do is simply a function of how the relevant options compare to each other in terms of satisfying his actual preferences that doesn’t mean that every explanation as to why he shouldn’t advance to the next level must appeal to the idea that so advancing would be suboptimal in (...)
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  27. added 2018-10-18
    Collective Moral Obligations: ‘We-Reasoning’ and the Perspective of the Deliberating Agent.Anne Schwenkenbecher - 2019 - The Monist 102 (2):151-171.
    Together we can achieve things that we could never do on our own. In fact, there are sheer endless opportunities for producing morally desirable outcomes together with others. Unsurprisingly, scholars have been finding the idea of collective moral obligations intriguing. Yet, there is little agreement among scholars on the nature of such obligations and on the extent to which their existence might force us to adjust existing theories of moral obligation. What interests me in this paper is the perspective of (...)
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  28. added 2018-08-02
    Analytic Narratives: What They Are and How They Contribute to Historical Explanation.Philippe Mongin - 2019 - In Claude Diebolt & Michael Haupert (eds.), Handbook of Cliometrics. Berlin: Springer.
    The expression "analytic narratives" is used to refer to a range of quite recent studies that lie on the boundaries between history, political science, and economics. These studies purport to explain specific historical events by combining the usual narrative approach of historians with the analytic tools that economists and political scientists draw from formal rational choice theories. Game theory, especially of the extensive form version, is currently prominent among these tools, but there is nothing inevitable about such a technical choice. (...)
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  29. added 2018-07-27
    Contextual Pluralism and the Libertarian Paradox.Luc Bovens - 1993 - Archiv Fuer Rechts Und Sozialphilosphie 79 (2):188-197.
    I argue that we can generate intransitive preference orderings for a single person on the model of Sen's Libertarian Paradox.
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  30. added 2018-07-17
    Henry James, Paardenrennen, en Relatieve Deprivatie--Rational Choice Theory aan het Werk.Luc Bovens - 1987 - In J. Verhoeven (ed.), Social Theory. Leuven, Belgium: Acco.
    I illustrate the use of decision-theory and game-theory in the social sciences by means of examples from Gauthier, Tversky and Kahneman, and Bouldon.
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  31. added 2018-07-13
    Minimizing the Threat of a Positive Majority Deficit in Two-Tier Voting Systems with Equipopulous Units.Claus Beisbart & Luc Bovens - 2013 - Public Choice 132 (1-2):75-94.
    The mean majority deficit in a two-tier voting system is a function of the partition of the population. We derive a new square-root rule: For odd-numbered population sizes and equipopulous units the mean majority deficit is maximal when the member size of the units in the partition is close to the square root of the population size. Furthermore, within the partitions into roughly equipopulous units, partitions with small even numbers of units or small even-sized units yield high mean majority deficits. (...)
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  32. added 2018-03-19
    Robots and Us: Towards an Economics of the ‘Good Life’.C. W. M. Naastepad & Jesse M. Mulder - 2018 - Review of Social Economy:1-33.
    (Expected) adverse effects of the ‘ICT Revolution’ on work and opportunities for individuals to use and develop their capacities give a new impetus to the debate on the societal implications of technology and raise questions regarding the ‘responsibility’ of research and innovation (RRI) and the possibility of achieving ‘inclusive and sustainable society’. However, missing in this debate is an examination of a possible conflict between the quest for ‘inclusive and sustainable society’ and conventional economic principles guiding capital allocation (including the (...)
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  33. added 2018-03-02
    An Evolutionary Psychology Model of Ego, Risk, and Cognitive Dissonance.Baruch Feldman - manuscript
    I propose a novel model of the human ego (which I define as the tendency to measure one’s value based on extrinsic success rather than intrinsic aptitude or ability). I further propose the conjecture that ego so defined both is a non-adaptive by-product of evolutionary pressures, and has some evolutionary value as an adaptation (protecting self-interest). I explore ramifications of this model, including how it mediates individuals’ reactions to perceived and actual limits of their power, their ability to cope with (...)
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  34. added 2018-02-11
    “Comparativism: The Ground of Rational Choice,” in Errol Lord and Barry McGuire, Eds., Weighing Reasons , 2016.Ruth Chang - 2016 - In B. Maguire & E. Lord (eds.), Weighing Reasons. Oxford University Press. pp. 213-240.
    What, normatively speaking, are the grounds of rational choice? This paper defends ‘comparativism’, the view that a comparative fact grounds rational choice. It examines three of the most serious challenges to comparativism: 1) that sometimes what grounds rational choice is an exclusionary-type relation among alternatives; 2) that an absolute fact such as that it’s your duty or conforms to the Categorial Imperative grounds rational choice; and 3) that rational choice between incomparables is possible, and in particular, all that is needed (...)
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  35. added 2017-11-28
    Transformative Experience and the Knowledge Norms for Action: Moss on Paul’s Challenge to Decision Theory.Richard Pettigrew - 2020 - In Becoming Someone New: Essays on Transformative Experience, Choice, and Change. New York, NY, USA:
    to appear in Lambert, E. and J. Schwenkler (eds.) Transformative Experience (OUP) -/- L. A. Paul (2014, 2015) argues that the possibility of epistemically transformative experiences poses serious and novel problems for the orthodox theory of rational choice, namely, expected utility theory — I call her argument the Utility Ignorance Objection. In a pair of earlier papers, I responded to Paul’s challenge (Pettigrew 2015, 2016), and a number of other philosophers have responded in similar ways (Dougherty, et al. 2015, Harman (...)
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  36. added 2017-10-21
    Teoría fenomenológica general del bienestar y la elección social.Rodrigo Lopez-Pablos - 2013 - Revista de Economía Política de Buenos Aires 12 (7):105-133.
    By introducing elements of phenomenological philosophy to the analysis of human needs in economics; from Sartrean postulates as well as the nature and essence of individual’s needs, has been revealed a theorethical framework that serves to ponder human being’s existential behavior by means of their phenomenologic social choices and welfare. Defining a planning agent under strong assumptions of rationality and projective efficacious capabilities, the Arrow’s theorem has been proved for the economic agent aware of its finitude in this world.
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  37. added 2017-10-06
    Le principe de rationalité et l'unité des sciences sociales.Philippe Mongin - 2002 - Revue Economique 53 (2):301-323.
    The paper revisits the rationality principle from the particular perspective of the unity of social sciences. It has been argued that the principle was the unique law of the social sciences and that accordingly there are no deep differences between them (Popper). It has also been argued that the rationality principle was specific to economics as opposed to the other social sciences, especially sociology (Pareto). The paper rejects these opposite views on the grounds that the rationality principle is strictly metaphysical (...)
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  38. added 2017-08-21
    Expected Comparative Utility Theory: A New Theory of Rational Choice.David Robert - 2018 - Philosophical Forum 49 (1):19-37.
    This paper proposes a new theory of rational choice, Expected Comparative Utility (ECU) Theory. It is first argued that for any decision option, a, and any state of the world, G, the measure of the choiceworthiness of a in G is the comparative utility of a in G – that is, the difference in utility, in G, between a and whichever alternative to a carries the greatest utility in G. On the basis of this principle, it is then argued, roughly (...)
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  39. added 2017-08-20
    Continuity and Completeness of Strongly Independent Preorders.David McCarthy & Kalle Mikkola - 2018 - Mathematical Social Sciences 93:141-145.
    A strongly independent preorder on a possibly in finite dimensional convex set that satisfi es two of the following conditions must satisfy the third: (i) the Archimedean continuity condition; (ii) mixture continuity; and (iii) comparability under the preorder is an equivalence relation. In addition, if the preorder is nontrivial (has nonempty asymmetric part) and satisfi es two of the following conditions, it must satisfy the third: (i') a modest strengthening of the Archimedean condition; (ii') mixture continuity; and (iii') completeness. Applications (...)
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  40. added 2017-08-20
    Representation of Strongly Independent Preorders by Sets of Scalar-Valued Functions.David McCarthy, Kalle Mikkola & Teruji Thomas - 2017 - MPRA Paper No. 79284.
    We provide conditions under which an incomplete strongly independent preorder on a convex set X can be represented by a set of mixture preserving real-valued functions. We allow X to be infi nite dimensional. The main continuity condition we focus on is mixture continuity. This is sufficient for such a representation provided X has countable dimension or satisfi es a condition that we call Polarization.
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  41. added 2017-04-19
    Modeling Economic Systems as Locally-Constructive Sequential Games.Leigh Tesfatsion - 2017 - Journal of Economic Methodology 24 (4):1-26.
    Real-world economies are open-ended dynamic systems consisting of heterogeneous interacting participants. Human participants are decision-makers who strategically take into account the past actions and potential future actions of other participants. All participants are forced to be locally constructive, meaning their actions at any given time must be based on their local states; and participant actions at any given time affect future local states. Taken together, these essential properties imply real-world economies are locally-constructive sequential games. This paper discusses a modeling approach, (...)
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  42. added 2017-02-06
    Better to Be Than Not to Be?Gustaf Arrhenius & Wlodek Rabinowitz - 2010 - In Hans Joas (ed.), The Benefit of Broad Horizons: Intellectual and Institutional Preconditions for a Global Social Science: Festschrift for Bjorn Wittrock on the Occasion of His 65th Birthday. Brill. pp. 65 - 85.
    Can it be better or worse for a person to be than not to be, that is, can it be better or worse to exist than not to exist at all? This old 'existential question' has been raised anew in contemporary moral philosophy. There are roughly two reasons for this renewed interest. Firstly, traditional so-called “impersonal” ethical theories, such as utilitarianism, have counter-intuitive implications in regard to questions concerning procreation and our moral duties to future, not yet existing people. Secondly, (...)
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  43. added 2016-12-24
    The Dead Hands of Group Selection and Phenomenology -- A Review of Individuality and Entanglement by Herbert Gintis 357p (2017).Michael Starks - 2017 - In Suicidal Utopian Delusions in the 21st Century: Philosophy, Human Nature and the Collapse of Civilization-- Articles and Reviews 2006-2017 2nd Edition Feb 2018. Henderson: Michael Starks.
    Since Gintis is a senior economist and I have read some of his previous books with interest, I was expecting some more insights into behavior. Sadly he makes the dead hands of group selection and phenomenology into the centerpieces of his theories of behavior, and this largely invalidates the work. Worse, since he shows such bad judgement here, it calls into question all his previous work. The attempt to resurrect group selection by his friends at Harvard, Nowak and Wilson, a (...)
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  44. added 2016-12-08
    Agent-Based Modeling: The Right Mathematics for the Social Sciences?Paul L. Borrill & Leigh Tesfatsion - 2011 - In J. B. Davis & D. W. Hands (eds.), Elgar Companion to Recent Economic Methodology. Edward Elgar Publishers. pp. 228.
    This study provides a basic introduction to agent-based modeling (ABM) as a powerful blend of classical and constructive mathematics, with a primary focus on its applicability for social science research. The typical goals of ABM social science researchers are discussed along with the culture-dish nature of their computer experiments. The applicability of ABM for science more generally is also considered, with special attention to physics. Finally, two distinct types of ABM applications are summarized in order to illustrate concretely the duality (...)
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  45. added 2016-09-29
    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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  46. added 2016-09-29
    Hypothetical Justifications.Bernd Lahno - 2009 - RMM:67-82.
    A basic conviction in moral non-cognitivism is: only hypothetical norms may be justified. Hartmut Kliemt argues for a moderate variant: there are only hypothetical justifications of norms whether the norms are hypothetical or categorical in kind. In this paper the con- cept of ‘hypothetical justification’ is analyzed. It is argued that hypothetical justifications are not of the kind that we should look for in normative ethics.
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  47. added 2016-09-29
    Institutional Trust: A Less Demanding Form of Trust?Bernd Lahno - 2001 - Revista Latinoamericana de Estudios Avanzados 15:19-58.
    With increasing complexity of the networks of social interaction new and more abstract forms of trust are in need. A conceptual analysis of different forms of trust, namely interpersonal trust, trust in groups and institutional trust is given. It is argued that institutional trust cannot totally replace interpersonal trust. Institutional trust rather builds on more personal forms of trust in that it is primarily formed in personal encounters with salient representatives of the institution and presupposes trust in others trusting in (...)
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  48. added 2016-09-28
    In Defense of Moderate Envy.Bernd Lahno - 2000 - Analyse & Kritik 22 (1):98-113.
    In contrast to Axelrod's advice 'don't be envious' it is argued that the emotion of envy may enhance cooperation. TIT FOR TAT does exhibit a certain degree of envy. But, it does so in inconsistent ways. Two variants of TIT FOR TAT are introduced and their strategic properties are analyzed. Both generate the very same actual play as TIT FOR TAT in a computer tournament without noise. However, if noise is introduced they display some greater degree of stability. This is (...)
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  49. added 2016-07-12
    Decision-Theoretic Approaches to Non-Knowledge in Economics.Ekaterina Svetlova & Henk van Elst - 2015 - In Gross Matthias & McGoey Linsy (eds.), Routledge International Handbook of Ignorance Studies. Routledge. pp. 349-360.
    The aim of this contribution is to provide an overview of conceptual approaches to incorporating a decision maker’s non-knowledge into economic theory. We will focus here on the particular kind of non-knowledge which we consider to be one of the most important for economic discussions: non-knowledge of possible consequence-relevant uncertain events which a decision maker would have to take into account when selecting between different strategies.
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  50. added 2016-06-30
    Expected Utility Theory.Philippe Mongin - 1998 - In John Davis, Wade Hands & Uskali Maki (eds.), Handbook of Economic Methodology. Edward Elgar. pp. 342-350.
    The paper summarizes expected utility theory, both in its original von Neumann-Morgenstern version and its later developments, and discusses the normative claims to rationality made by this theory.
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