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Prisoner's dilemma doesn't explain much

In Martin Peterson (ed.), The Prisoner’s Dilemma. Classic philosophical arguments. Cambridge: Cambridge University Press. pp. 64-84 (2015)

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  1. What is the Problem with Model-Based Explanation in Economics?Caterina Marchionni - 2017 - Disputatio 9 (47):603-630.
    The question of whether the idealized models of theoretical economics are explanatory has been the subject of intense philosophical debate. It is sometimes presupposed that either a model provides the actual explanation or it does not provide an explanation at all. Yet, two sets of issues are relevant to the evaluation of model-based explanation: what conditions should a model satisfy in order to count as explanatory and does the model satisfy those conditions. My aim in this paper is to unpack (...)
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  • Model Pluralism.Walter Veit - 2020 - Philosophy of the Social Sciences 50 (2):91-114.
    This paper introduces and defends an account of model-based science that I dub model pluralism. I argue that despite a growing awareness in the philosophy of science literature of the multiplicity, diversity, and richness of models and modeling practices, more radical conclusions follow from this recognition than have previously been inferred. Going against the tendency within the literature to generalize from single models, I explicate and defend the following two core theses: any successful analysis of models must target sets of (...)
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  • When Are Purely Predictive Models Best?Robert Northcott - 2017 - Disputatio 9 (47):631-656.
    Can purely predictive models be useful in investigating causal systems? I argue ‘yes’. Moreover, in many cases not only are they useful, they are essential. The alternative is to stick to models or mechanisms drawn from well-understood theory. But a necessary condition for explanation is empirical success, and in many cases in social and field sciences such success can only be achieved by purely predictive models, not by ones drawn from theory. Alas, the attempt to use theory to achieve explanation (...)
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  • Philosophical and Ethical Aspects of Economic Design.Philippe van Basshuysen - 2019 - Dissertation, London School of Economics and Political Science
    This thesis studies some philosophical and ethical issues that economic design raises. Chapter 1 gives an overview of economic design and argues that a crossfertilisation between philosophy and economic design is possible and insightful for both sides. Chapter 2 examines the implications of mechanism design for theories of rationality. I show that non-classical theories, such as constrained maximization and team reasoning, are at odds with the constraint of incentive compatibility. This poses a problem for non-classical theories, which proponents of these (...)
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  • Homepage Eckhart Arnold.Eckhart Arnold (ed.) - 2001 - Munich: Preprint.
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  • How Does Game Theory Inform Economic Engineering?Philippe van Basshuysen - unknown
    How is it possible that models from game theory, which are typically highly idealised, can be harnessed for designing institutions through which we interact? I argue that game theory assumes that social interactions have a specific structure, which is uncovered with the help of directed graphs. The graphs make explicit how game theory encodes counterfactual information in natural collections of its models and can therefore be used to track how model-interventions change model-outcomes. For model-interventions to inform real-world design requires the (...)
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  • Economics Rules, Dani Rodrik, W. W. Norton & Company, 2015, Xv + 253 Pages. [REVIEW]Johanna Thoma - 2018 - Economics and Philosophy 34 (1):127-133.
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