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  1. Behavioural and heuristic models are as-if models too – and that’s ok.Ivan Moscati - forthcoming - Economics and Philosophy:1-31.
    I examine some behavioural and heuristic models of individual decision-making and argue that the diverse psychological mechanisms these models posit are too demanding to be implemented, either consciously or unconsciously, by actual decision makers. Accordingly, and contrary to what their advocates typically claim, behavioural and heuristic models are best understood as ‘as-if’ models. I then sketch a version of scientific antirealism that justifies the practice of as-if modelling in decision theory but goes beyond traditional instrumentalism. Finally, I relate my account (...)
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  • Revisiting the criticisms of rational choice theories.Catherine Https://Orcidorg Herfeld - 2021 - Philosophy Compass 17 (1):e12774.
    Theories of rational choice are arguably the most prominent approaches to human behaviour in the social and behavioral sciences. At the same time, they have faced persistent criticism. In this paper, I revisit some of the core criticisms that have for a long time been levelled against them and discuss to what extent those criticisms are still effective, not only in light of recent advancements in the literature but also of the fact that there are different variants of rational choice (...)
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  • Preferences versus opportunities: on the conceptual foundations of normative welfare economics.Roberto Fumagalli - 2024 - Economics and Philosophy 40 (1):77-101.
    Normative welfare economics commonly assumes that individuals’ preferences can be reliably inferred from their choices and relies on preference satisfaction as the normative standard for welfare. In recent years, several authors have criticized welfare economists’ reliance on preference satisfaction as the normative standard for welfare and have advocated grounding normative welfare economics on opportunities rather than preferences. In this paper, I argue that although preference-based approaches to normative welfare economics face significant conceptual and practical challenges, opportunity-based approaches fail to provide (...)
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  • A tragic coalition of the rational and irrational: a threat to collective responses to COVID-19.Marinus Ferreira, Marc Cheong, Colin Klein & Mark Alfano - 2022 - Philosophical Psychology (6).
    There is not as much resistance to COVID-19 mitigation as there seems, but there are structural features that make resistance seem worse than it is. Here we describe two ways that the problem seeming to be worse than it is can make it worse. First, visible hesitation to implement COVID-19 responses signals to the wider society that mitigation measures may not succeed, which undermines people’s conditional willingness to join in on those efforts. Second, our evaluations of others’ willingness to implement (...)
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