Criticism directed at neoclassical economics has failed to replace it with a similar grand theory. The author argues that one possible explanation may lie in the failure of economists to formulate an opinion as to the philosophical foundations of the author’s object of study. The paper aims to discuss this issue. The argument proceeds in two steps. First, the authors review the prevailing philosophical view of “the self-interest theory (S)”, which is one of the most powerful constituents of today’s economics, (...) and social theorizing in general. Second, the authors present a reasoning framework in which rationality becomes intelligible within a schema of integrating the self’s external and internal conditionalities into a unified view of human reasoning. (shrink)

Este documento analiza las siguientes cuestiones: 1) La metodología de la economía y su actual institucionalización. 2) La definición de Economía. 3) Las perspectivas de los economistas acerca de la Economía, sus métodos y justificación. 4) Comprobación y progreso: Popper y Lakatos.5) Los modelos y sus supuestos. 6) Persuasión retórica y verdad. 7) La Economía como un recurso para la Filosofía de la Ciencia. 8) Expansionismo explicativo y relaciones interdisciplinares.

Distributive egalitarians believe that distributive justice is to be explained by the idea of distributive equality (DE) and that DE is of intrinsic value. The socio-relational critique argues that distributive egalitarianism does not account for the “true” value of equality, which rather lies in the idea of “equality as a substantive social value” (ESV). This paper examines the socio-relational critique and argues that it fails because – contrary to what the critique presupposes –, first, ESV is not conceptually distinct from (...) DE, and second, the idea of ESV cannot serve as a “foundation” or “root” of distributive egalitarianism. (shrink)

Focusing on the work of Friedrich von Hayek and Vernon Smith, we discuss some conceptual links between Austrian economics and recent work in behavioral game theory and experimental economics. After a brief survey of the main methodological aspects of Austrian and experimental economics, we suggest that common views on subjectivism, individualism, and the role of qualitative explanations and predictions in social science may favour a fruitful interaction between these two research programs.

Some arguments against the assumption that ordinary people may share common knowledge are sound. The apparent cost of such arguments is the rejection of scientific theories that appeal to common knowledge. My proposal is to accept the arguments without rejecting the theories. On my proposal, common knowledge is shared by ideally rational people, who are not just mathematically simple versions of ordinary people. They are qualitatively different from us, and theorizing about them does not lead to predictions about our behavior. (...) Nevertheless, models of action that assume common knowledge have a role to play in our understanding of collective rationality. (shrink)

From the mid-1960s until the late 1980s, the well-known general philosophies of science of the time were applied to economics. The result was disappointing: none seemed to fit. This paper argues that this is due to a special feature of economics: it possesses ‘orientational paradigms’ in high number. Orientational paradigms are similar to Kuhn’s paradigms in that they are shared across scientific communities, but dissimilar to Kuhn’s paradigms in that they are not generally accepted as valid guidelines for further research. (...) As will be shown by several examples, orientational paradigms provide economics with common points of reference that support its epistemic coherence and make scientific discourse more easily possible across school boundaries. With the help of systematicity theory, a newer general philosophy of science, one can further elucidate the role of orientational paradigms with regard to scientific progress. (shrink)

This thesis in philosophy consists of an introduction and five papers on three themes related to transport: valuations of time, the metric of transport justice, and future mobility solutions. The first paper analyses the properties of time as an economic resource taking into account literature on behaviour concerning time. The intent is to add to the understanding of the underlying assumption of transferability between time and money in the context of transportation. The second paper is on the metric of transport (...) justice. If we are concerned with distributive justice in the context of transportation, what type of good is being distributed? So far, most of the transport literature on transport justice takes accessibility to be the most appropriate metric. However, I argue that many operationalisations of accessibility are insufficient as metrics of justice. They are both too narrow and exclude relevant burdens of transportation. Additionally, accessibility can be achieved by other, non-travel-based means. I end by formulating tentative criteria for an alternative metric of transport justice. The third paper considers temporal justice in the context of transportation. Building on an argument against the claim of substitutability between time and money, I argue that temporal perspectives have been overlooked in the literature on transport justice. In part, this might be due to accessibility being the established metric of justice. Most common measures of accessibility do not capture temporal constraints and might consequently not capture temporal inequalities. Based on the case of gender differences in travel patterns and behaviour, I argue that an alternative account of the appropriate metric of transport justice is needed to capture temporal constraints and reflect gender inequalities sufficiently. The fourth paper argues that the diversity of possible mobility solutions based on self-driving vehicles has been somewhat overlooked in the current literature on the value of travel time. Thus, the complexity of valuing travel time for self-driving vehicles has not been fully addressed. The paper consists of a morphological analysis of the parameters that might impact the value of travel time for self-driving vehicles and a deeper analysis of five plausible self-driving vehicle mobility concepts. It is claimed that not all such concepts can be easily mapped into transport modes. It might be more appropriate to differentiate the value of travel based on travel characteristics. The fifth paper is a literature review of work on attitudes toward automation technology, specifically self-driving vehicles. In particular, I examine the narratives and values related to gender. Generally, women tend to be more sceptical of the prospect of automated vehicles. The review found that this tendency is often explained by women being more risk-averse and less tech-savvy. Moreover, the policy recommendations in the examined literature based focus on educational efforts. Such perspectives can downplay or neglect valid reasons why women are less enthusiastic. Moreover, needs related to women's specific travel patterns might not be considered in the design and planning process. In conclusion, more awareness in needed of the gender differences, needs and expectations to ensure that future transport solutions are designed with everyone in mind. (shrink)

This thesis is about whether it is a good idea to place monetary value on nature, to remedy the fact that we treat it as having no particular value to us humans, although it clearly has. The thesis is based on five research papers that can be said to position themselves on opposite sides in the debate on monetisation of nature. The first two papers consider the basis of neoclassical environmental economics and apply the value theory and valuation methods from (...) normative neoclassical welfare theory, on which monetisation of nature is based. The other three papers examine, with increasing degrees of criticism, this theory of value and especially its central assumption that value can be derived from people’s choices, or “revealed preferences”. The thesis itself is a “reflective story” about the journey I made as I learned to think about and understand neoclassical environmental economics in new ways. I reflect upon my work from a philosophy of science perspective, consider how for-granted-taken ideas from neoclassical economics affect environmental economic analysis and its conclusions, and examine the subject of value and valuation from what has become my new theoretical standpoint, ecological economics. It concerns meta-theoretical questions about ontology, that is, ideas in a research discipline about how things really are (what is), and epistemology, ideas about how researchers can provide relevant knowledge about reality. Such ideas are often taken for granted in neoclassical economic analysis and how they affect the analysis and its conclusions is not seldom unreflective. In the thesis, I move from explaining why neoclassical environmental economists advocate monetisation and pricing of nature as important solutions to environmental problems, to exemplifying how this turned out in research projects intended to serve as decision support in practice, and then to exploring and clarifying an alternative theory of value and valuation from ecological economics based on value pluralism and so-called deliberative valuation. In a concluding discussion, I point out that there are reasons to be sceptical about whether monetisation of nature is the right path to follow if we want to change our unsustainable relationship with nature and tackle the serious ecological crises we currently face. I show that monetisation of nature in practice requires a considerable amount of pragmatism, since the applied version of the theory deviates far from its idealised claims about the possibility to capture actual, total values. I also show that the descriptive (so-called positive) part of neoclassical theory and its normative part overlap in a way that makes it very difficult to speak of “objective” science in environmental economics. Instead, and despite strong recognition in the discipline that environmental problems are “market failures”, neoclassical theory has an ethical and ideological bias that favours individuals’ freedom of choice and market solutions, at the expense of collective decision-making and discussions about values that cannot be quantified. The important contribution of the thesis is that it clarifies the consequences of a central idea in the theory behind environmental economic analysis, namely the idea of values as commensurable, that is, measurable in one single unit. This idea links to the misleading conception of choices as “trade-offs”, where all choices are essentially viewed as the result of people’s constant exchange of costs and benefits within themselves in every choice they make, with the result that everything gets better (or at least not worse). Based on my research, I suggest that, in reality, people do not generally “make” trade-offs. If anything, people try to avoid them, especially when it comes to difficult choices, such as those concerning the true value of nature, because such choices involve moral conflicts between values that are incommensurable. As a basis for valuing transformational change, monetisation is therefore unsuitable, as it conceals rather than reveals the ethical dilemmas that are the very definition of sustainability problems and causes us to search for the efficient or so-called “optimal” solutions claimed possible in neoclassical theory and rhetoric, although such solutions do not exist. What we need instead is to represent public opinion in environmental decision-making in ways that do not conceal people’s actual moral considerations. Environmental valuation is political. It must be done together with others through reason-sensitive means, where people’s actual experiences of value conflicts – within us and between us – can be deliberated before making decisions. This makes decision-making more complex, but as an alternative to monetisation, this realism is not necessarily unrealistic. The fact that incommensurability is grounded in human experience means that the complexity of social and environmental decision-making has a real counterpart in conflicts within ourselves. One could see this as a potentiality, because we may have more confidence in people’s ability to recognise the relevance and necessity of less simplification and more complexity in decision-making. People need to “deliberate values” rather than “consuming” them and being expected to express all sorts of values through money. (shrink)

O escritor A. J. Jacobs (2018) decidiu agradecer todas os envolvidas na preparação de seu cafezinho diário; isso o levou a uma jornada épica para contatar milhares de pessoas, desde a barista que lhe vendia o expresso matinal, passando por designers e inventores, até os agricultores que plantaram e colheram o grão em outro continente. Não existe um único indivíduo ou grupo responsável pelo seu café: é preciso um mundo para produzi-lo; é resultado de uma cadeia produtiva, uma rede decentralizada (...) que envolve diversos serviços espalhados internacionalmente – e todas essas pessoas, por sua vez, consomem outros produtos, com outras cadeias. Como este livro. Contraste esse exemplo com a anedota do diplomata soviético que, visitando Londres, fica maravilhado com as padarias – e então pergunta pelo encarregado da distribuição de pães na cidade (Harari, 2016, p. 372). Para seu espanto, os economistas ingleses respondem que ninguém tem esse cargo: o fornecimento de pães é resultado de um agregado de decisões individuais, em que cada fornecedor de matéria-prima (como farinha, sal, fermento) e serviços (transporte, padaria, limpeza) regula sua oferta a partir do que espera que os consumidores querem consumir – e o quanto estes estão dispostos a pagar. É o caso clássico do funcionamento de uma economia de mercado – em contraste com uma economia de comando, onde um grupo de pessoas, conscientemente, toma decisões sobre produção e distribuição. Esses exemplos ressaltam as “vantagens” dos mercados; pode ser tentador pensar, a partir deles, que todos os bens e serviços deveriam ser fornecidos dessa forma, porque isso maximiza a liberdade individual ou tende a 553 levar ao bem-estar coletivo, e que o melhor a fazer é evitar interferências nesse sistema – ideias associadas ao liberalismo econômico, uma teoria política e econômica que tem por patrono Adam Smith (o primeiro economista clássico). No entanto, mesmo economistas liberais reconhecem que há falhas de mercado (como bens públicos e monopólios129). Voltemos a A. J. Jacobs, o qual frisa seu agradecimento ao serviço de fornecimento de água, um “milagre moderno”: ao longo da história, a imensa maioria das pessoas não teve acesso a água encanada – mesmo hoje, 2 bilhões de pessoas ainda carecem de condições sanitárias adequadas (água e esgoto), o que causa doenças que matam 829 mil por ano (WHO, 2015). É um problema que não pode ser resolvido só por mercados, nem por associações filantrópicas; na maior parte do mundo, é um serviço público, geralmente fornecido ou regulado por estados – e sua ausência decorre de falhas de governo. (shrink)

De um modo geral, queríamos mostrar que a filosofia tem suas próprias áreas, mas tem também subáreas em interdisciplinaridade com as ciências. As ciências e as disciplinas acadêmicas em geral têm problemas, cuja a solução pode ser encontrada empiricamente, por meio de experimentos, entrevistas, documentos, ou formalmente, por meio de cálculos etc, porém os problemas das filosofias dessas disciplinas são justamente os problemas mais fundamentais dessas disciplinas, que fundam o quadro conceitual e de pesquisa das mesmas, e que só poderiam (...) ser respondidos por meio de uma extensa argumentação. A filosofia de cada uma dessas disciplinas é uma mistura (a) de metafísica da disciplina, perguntando-se qual a natureza e justificação das entidades que formam o quadro teórico da disciplina, i.e., quais delas realmente existem na realidade (não sendo meros instrumentos para obter resultados) e quais as suas categorizações fundamentais, naturezas e funções teóricas, (b) de epistemologia dessa disciplina, ao nos perguntarmos sobre como tal área poderia obter conhecimento de modo confiável e se ela de fato o faz, e (c) de teorias do valor, ao nos perguntarmos, por exemplo, sobre qual o valor moral do desenvolvimento de uma certa disciplina e, finalmente, (d) a lógica, que perpassa tudo, ao nos perguntarmos sobre a consistência das teses assumidas pela disciplina. Não é à toa que falamos que a filosofia é mãe de todas as ciências. Ela é mãe tanto num sentido geracional, pois a maioria das ciências foram desenvolvimentos particulares, empíricos ou de cálculo, das questões filosóficas sobre um certo tema, quanto num sentido fundamental, pois é a filosofia que fornece os fundamentos mais gerais, metafísicos, epistêmicos, valorativos e lógicos, na construção do quadro teórico de cada ciência e na qualidade dos métodos para se aproximar da verdade que a disciplina utiliza. A biologia, por exemplo, foi criada por Aristóteles, tal como os primeiros desenvolvimentos da meteorologia (na verdade, esta começa com os pré-socráticos), e grande parte do fundamento da física atual jaz nas discussões de filosofia da física. Sendo você filósofo ou cientista de outra área, a filosofia promete te dar as bases para uma reflexão geral ou sobre sua área, que seja muito mais informada e profunda do que aquilo que você poderia realizar sem ela. /// In general, we wanted to show that philosophy has its own areas, but it also has subareas in interdisciplinarity with the sciences. The sciences and academic disciplines in general have problems, the solution of which can be found empirically, through experiments, interviews, documents, or formally, through calculations etc., but the problems of the philosophies of these disciplines are precisely the most fundamental problems. of these disciplines, which build their conceptual and research framework, and which could only be answered through extensive argumentation. The philosophy of each of these disciplines is a mixture (a) of metaphysics of the discipline, asking what is the nature and justification of the entities that form the theoretical framework of the discipline, ie, which ones really exist in reality (not being mere instruments for achieving results) and what are its fundamental categorizations, natures and theoretical functions, (b) the epistemology of this discipline, when we ask ourselves how such an area could obtain knowledge reliably and if it does, and (c) theories of value, when we ask ourselves, for example, about the moral value of the development of a certain discipline and, finally, (d) the logic, which permeates everything, when we ask ourselves about the consistency of the theses assumed by the discipline. It is not for nothing that we say that philosophy is the mother of all sciences. It is a mother both in a generational sense, as most sciences were particular empirical or formal developments of philosophical questions on a certain topic, and in a fundamental sense, as it is philosophy that provides the most general, metaphysical, epistemic, evaluative and logical foundations, in the construction of the theoretical framework of each science and in the quality of the methods to approach the truth that the discipline uses. Biology, for example, was created by Aristotle, like the first developments in meteorology (in fact, it starts with the pre-Socratics), and much of the foundation of current physics lies in discussions of the philosophy of physics. Whether you are a philosopher or scientist from another area, philosophy promises to give you the basis for a general reflection or about your area, which is much more informed and profound than what you could accomplish without it. (shrink)

Este artigo é uma breve introdução à filosofia da linguagem. Ele se concentra nos problemas que surgem a partir de dois conceitos centrais: referência e significado. Em particular, o foco central é no problema fundacional da referência e no problema descritivo do significado, assim como a relação entre eles. Embora esta de modo algum seja uma introdução exaustiva ao tema, muitos conceitos centrais são clarificados, como por exemplo teoria da referência, termo singular, termo geral, teoria do significado, composicionalidade, conteúdo, significado (...) linguístico, implicatura conversacional, vagueza, etc. Espera-se que sirva como um primeiro contato com a disciplina, principalmente voltado a estudantes de filosofia, filosofia da linguagem e áreas afins. (shrink)

This article analyses the ethical aspects of multistakeholder recommendation systems (RSs). Following the most common approach in the literature, we assume a consequentialist framework to introduce the main concepts of multistakeholder recommendation. We then consider three research questions: who are the stakeholders in a RS? How are their interests taken into account when formulating a recommendation? And, what is the scientific paradigm underlying RSs? Our main finding is that multistakeholder RSs (MRSs) are designed and theorised, methodologically, according to neoclassical welfare (...) economics. We consider and reply to some methodological objections to MRSs on this basis, concluding that the multistakeholder approach offers the resources to understand the normative social dimension of RSs. (shrink)

An analysis of the value of community vitality as it figures into the Royal Government of Bhutan's policy of Gross National Happiness.

This article distinguishes between philosophy for managers and philosophy of managers. Philosophy for managers is prescriptive advice concerning the content of wisdom in practical judgment and action. Managers in action rely on a self-constructed operational code – a concept borrowed here from earlier literature – that unavoidably emphasizes turf, reputation, and coalition in career advancement. The organization is a political arena for decisions, resources, and career opportunities. While elements of operational philosophy are addressed in formal management education, treatment is haphazard (...) and fragmented in a way that leaves managers to develop a personal operational philosophy. How managers address these elements depends on whether they are idealists, realists, or social darwinists in personal philosophy. The author develops these three options as illustrative categories of operational codes for managers. (shrink)

This is the most comprehensive book ever published on philosophical methodology. A team of thirty-eight of the world's leading philosophers present original essays on various aspects of how philosophy should be and is done. The first part is devoted to broad traditions and approaches to philosophical methodology. The entries in the second part address topics in philosophical methodology, such as intuitions, conceptual analysis, and transcendental arguments. The third part of the book is devoted to essays about the interconnections between philosophy (...) and neighbouring fields, including those of mathematics, psychology, literature and film, and neuroscience. (shrink)

The paper reviews the philosophical literature on the epistemology of modelling in contemporary economics. In particular, it focuses on open questions concerning the epistemic role of models, the validity of inferences from the models to the world, and the legitimacy of their use for purposes of explanation, prediction and intervention.

According to some philosophers and social scientists, mainstream economic theories currently play an unprecedented role in shaping human societies. This phenomenon can be linked to the dissemination of methodological individualism, where common goods are interpreted as reducible to aggregates of individuals' well-being. Nonetheless, some emergent difficulties of economics in coping with global institutional issues have encouraged some authors to revise that paradigm. In the last three decades, there has been a parallel growing philosophical interest in investigating social sciences' epistemological and (...) ontological foundations. Unfortunately, these two research trends have often not communicated systematically enough to understand the specific ontology of collective aims. It is still unclear whether some irreducible social goods exist and how the answer to this question can set up a consistent understanding of cooperative actions. This dissertation addresses this issue, drawing on philosophical investigations about collective intentionality. It claims that a coherent ontological taxonomy of irreducible and reducible social goods is theoretically viable and can reframe prevailing approaches to collective action dilemmas influenced by the traditional economic categorisation of goods. The research begins by analysing how the influential theory of public goods has paved the way for some social and moral impasses. Furthermore, some theoretical proposals suggesting the existence of relational goods and common-pool resources are scrutinised. Hence, a refutation of the ontological reduction of all social goods to individual ones is developed, arguing that a specific form of cooperation, grounded in we-intentions and we-reasoning, shows the plausibility of the existence of some kinds of irreducible collective goods. Expanding on that view, a refinement of this categorisation of social goods is put forward by underlying the function of some relational entities, such as trust and shared sensemaking processes, in making cooperation robust in uncertain environments. Finally, by applying the taxonomy to collective action gridlocks regarding climate change, digital information, and public education, the consistency of this hypothesis is tested, showing that a pluralistic ontological account of social goods might improve the moral understanding of current social dilemmas. (shrink)

This paper aims to show errors in common methodology of reasoning about macroeconomic theory. The error comes from confusion about descriptive and scientific methods of inquiry being used as a means of justifying conclusions with a normative basis. I will argue that many tools used in theorizing about the political economy that are thought of as able to express an isolated variable proving a normative point, actually contain normative assumptions which impact the soundness of the conclusion. The hidden values generally (...) serve to justify the status quo. Looking at my argument from a metaperspective, I argue that some popular methodology winds up in the general state of circular reasoning. I will try to weave two arguments together, the first is showing how economic concepts are value-laden, and also that they are implicit values of ideology, and operate as a powerful tool for the status quo. The ideology learns that things must be what they are, because the rest of the ideology seeks to justify it. There is both a factual and a value-driven thesis to this paper. Using examples I show how economic concepts that are thought of as being value neutral, are actually implicitly holding values that uphold the status quo and the growing tides of income inequality. I also wish to demonstrate how ideology constructs the common understanding, and how this effort keeps the populace from seeking emancipatory economic ideals and tax reform. (shrink)

This licentiate thesis consists of an introduction and three papers discussing various aspects of time as a commodity and the practice of valuing travel time. The first paper is an analysis of the properties of time as an economic resource taking into account literature on behavior with regard to time. The intent is to provide better understanding of the underlying assumption of transferability between time and money in the context of transportation. The second paper builds on the analysis in the (...) first paper combined with the findings of a study of commuters travel experiences during disruptions in the train traffic on the Øresund strait between Sweden and Denmark. It contrasts the theoretical account of value of travel time with the experiences reported by commuters and argues that the view of travel time as strictly a disutility can be limiting from a planning perspective. Instead, it is argued that an alternative approach can be to make travel time ‘plannable’, meaning viewing travel time as time travellers can plan to spend in a certain way at a certain time. The third paper argues that the diversity of possible mobility solutions based on self-driving vehicles has been somewhat overlooked in the current literature on value of travel time. Thus, the complexity of valuing travel time for self-driving vehicles has not been fully addressed. The paper consists of a morphological analysis of the parameters that might impact value of travel time for self-driving vehicles and a deeper analysis of five plausible self-driving vehicle mobility concepts. It is claimed that not all such concepts can be easily mapped into transport modes and that it might be more appropriate to differentiate value of travel based on travel characteristics. (shrink)

In the methodology of scientific research programs (MSRP) there are important features on the problem of prediction, especially regarding novel facts. In his approach, Imre Lakatos proposed three different levels on prediction: aim, process, and assessment. Chapter 5 pays attention to the characterization of prediction in the methodology of research programs. Thus, it takes into account several features: (1) its pragmatic characterization, (2) the logical perspective as a proposition, (3) the epistemological component, (4) its role in the appraisal of research (...) programs, and (5) its place as a value for scientific research. -/- The notion of “novel facts” is highly relevant in his conception, where several aspects are involved: the directions of novel facts, the different kinds of novelty, and the transition from six possible options of “novel facts” to four choices. Thereafter, the prediction of novel facts as the criterion of appraisal is considered. On the one hand, this requires analyzing the theoretical, empirical, and heuristic possibilities of appraisal; and, on the other, whether there is an overemphasis on the role of prediction in methodology of scientific research programs. As a consequence, there is an analysis of Lakatos’ criterion of appraisal in MSRP and economics. (shrink)