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  1. Natura economica in Environmental Valuation.Katrine Soma - 2006 - Environmental Values 15 (1):31 - 50.
    Cost-benefit analysis is widely acknowledged to be an appropriate tool for providing advice to policy makers on the optimal use and management of natural resources. However, a great deal of research has indicated that the assumptions made in cost-benefit analysis concerning the natural environment diverge from real world observations. In this paper I discuss these observed divergences. To do so, I introduce the concept of Natura economica. Natura economica is the environment as it is understood in economic analysis in general, (...)
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  • Scholar Entangled: The Unattainable Detachment in Social Inquiry.Juozas Kasputis - 2021 - Problemos 100:87 - 99.
    The practice of social studies continues to be a complicated scientific endeavor. From an epistemological point of view, the social sciences, unlike the natural sciences, do not conform to the predominant definition of science. The existing differences among expositions of “science,” “inquiry,” and “studies” lie with the contested role of the intellectual who is embarked on understanding the social realm. The “maturity” of the social sciences is usually discussed in the context of objectivity and rationality. But continuing epistemological debates would (...)
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  • A Critique of Instrumental Reason in Economics.Hamish Stewart - 1994 - Economics and Philosophy 11 (1):57.
    There are, broadly speaking, two ways to think about rationality, as defined in the following passage: ‘Reason’ for a long time meant the activity of understanding and assimilating the eternal ideas which were to function as goals for men. Today, on the contrary, it is not only the business but the essential work of reason to find means for the goals one adopts at any given time. To use what Horkheimer called objective reason, and what others have called expressive or (...)
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  • The Diversity of Rational Choice Theory: A Review Note.Catherine Https://Orcidorg Herfeld - 2020 - Topoi 39 (2):329-347.
    In this paper, I review the literature on rational choice theory to scrutinize a number of criticisms that philosophers have voiced against its usefulness in economics. The paper has three goals: first, I argue that the debates about RCT have been characterized by disunity and confusion about the object under scrutiny, which calls into question the effectiveness of those criticisms. Second, I argue that RCT is not a single and unified choice theory—let alone an empirical theory of human behavior—as some (...)
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  • Mechanistic Explanation, Interdisciplinary Integration and Interpersonal Social Coordination.Matti Sarkia - 2024 - Social Epistemology 38 (2):173-193.
    Prominent research programs dealing with the nature and mechanisms of interpersonal social coordination have emerged in cognitive science, developmental psychology and evolutionary anthropology. I argue that the mechanistic approach to explanation in contemporary philosophy of science can facilitate interdisciplinary integration and division of labor between these different disciplinary research programs. By distinguishing phenomenal models from mechanistic models and structural decomposition from functional decomposition in the process of mechanism discovery, I argue that behavioral and cognitive scientists can make interlocking contributions to (...)
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  • Filosofia științelor umane. In memoriam Mihail Radu Solcan.Mircea Flonta, Emanuel-Mihail Socaciu & Constantin Vica (eds.) - 2015 - Bucharest: Editura Universității din București.
    A collective volume in memoriam Mihail Radu Solcan.
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  • Understanding with theoretical models.Petri Ylikoski & N. Emrah Aydinonat - 2014 - Journal of Economic Methodology 21 (1):19-36.
    This paper discusses the epistemic import of highly abstract and simplified theoretical models using Thomas Schelling’s checkerboard model as an example. We argue that the epistemic contribution of theoretical models can be better understood in the context of a cluster of models relevant to the explanatory task at hand. The central claim of the paper is that theoretical models make better sense in the context of a menu of possible explanations. In order to justify this claim, we introduce a distinction (...)
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  • Explaining Human Diversity: the Need to Balance Fit and Complexity.Armin W. Schulz - 2021 - Review of Philosophy and Psychology 14 (2):1-19.
    While the existence of human cognitive and behavioral diversity is now widely recognized, it is not yet well established how to explain this diversity. In particular, it is still unclear how to determine whether any given instance of human cognitive and behavioral diversity is due to a common psychology that is merely “triggered” differently in different bio-cultural environments, or whether it is due to deeply and fundamentally different psychologies. This paper suggests that, to answer this question, we need to employ (...)
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  • Tools of the trade: the bio-cultural evolution of the human propensity to trade.Armin W. Schulz - 2022 - Biology and Philosophy 37 (2):1-24.
    Humans are standouts in their propensity to trade. More specially, the kind of trading found in humans—featuring the exchange of many different goods and services with many different others, for the mutual benefit of all the involved parties—far exceeds anything that is found in any other creature. However, a number of important questions about this propensity remain open. First, it is not clear exactly what makes this propensity so different in the human case from that of other animals. Second, it (...)
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  • On the theoretical basis of prediction in economics.Wenceslao J. González - 1996 - Journal of Social Philosophy 27 (3):201-228.
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  • Model Pluralism.Walter Veit - 2019 - 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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  • What Has Realism Got To Do With It?Tony Lawson - 1999 - Economics and Philosophy 15 (2):269.
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  • Market epistemology.Michael Thicke - 2018 - Synthese 195 (12):5571-5594.
    According to Margaret Gilbert’s collective epistemology, we should take attributions of beliefs to groups seriously, rather than metaphorically or as reducible to individual belief. I argue that, similarly, attributions of belief to markets ought to be taken seriously and not merely as reports of the average beliefs of market participants. While many of Gilbert’s purported examples of group belief are better thought of as instances of acceptance, some collectives, such as courts and markets, genuinely believe. Such collectives enact truth-aimed processes (...)
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  • Evaluating Formal Models of Science.Michael Thicke - 2020 - Journal for General Philosophy of Science / Zeitschrift für Allgemeine Wissenschaftstheorie 51 (2):315-335.
    This paper presents an account of how to evaluate formal models of science: models and simulations in social epistemology designed to draw normative conclusions about the social structure of scientific research. I argue that such models should be evaluated according to their representational and predictive accuracy. Using these criteria and comparisons with familiar models from science, I argue that most formal models of science are incapable of supporting normative conclusions.
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  • High-Level Exceptions Explained.Michael Strevens - 2014 - Erkenntnis 79 (S10):1819-1832.
    Why are causal generalizations in the higher-level sciences “inexact”? That is, why do they have apparent exceptions? This paper offers one explanation: many causal generalizations cite as their antecedent—the \(F\) in \(Fs\,\, {\textit{are}}\,\, G\) —a property that is not causally relevant to the consequent, but which is rather “entangled” with a causally relevant property. Entanglement is a relation that may exist for many reasons, and that allows of exceptions. Causal generalizations that specify entangled but causally irrelevant antecedents therefore tolerate exceptions.
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  • Defining CSR: Problems and solutions.Benedict Sheehy - 2015 - Journal of Business Ethics 131 (3):625-648.
    The ubiquity of the term CSR threatens its carrying any distinctive meaning. Despite its long history no consensus has been developed among the industry participants, academics or other interested parties. After a careful review of the complications and complexities of the CSR debate and distinct disciplinary definitions, the article turns to approach the problem of definition using the philosophy of science. It applies a scientific definitional approach of genus, differentia and species to arrive at a definition of CSR as international (...)
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  • Reasoning in the social sciences.Merrilee H. Salmon - 1993 - Synthese 97 (2):249 - 267.
    In 1981, A. C. Crombie identified six “styles of scientific thinking in the European tradition” that constitute our ways of reasoning in the natural sciences. In this paper, I try to show that these styles constitute reasoning in the social sciences as well, and that, as a result, the differences between reasoning about the physical world and about human beings are not so different as some interpretevists have supposed.
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  • Are there general causal forces in ecology?Mark Sagoff - 2016 - Synthese 193 (9).
    In this paper, I adopt the view that if general forces or processes can be detected in ecology, then the principles or models that represent them should provide predictions that are approximately correct and, when not, should lead to the sorts of intervening factors that usually make trouble. I argue that Lotka–Volterra principles do not meet this standard; in both their simple “strategic” and their complex “tactical” forms they are not approximately correct of the findings of the laboratory experiments and (...)
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  • Micro-foundations and Methodology: A Complexity-Based Reconceptualization of the Debate.Nadia Ruiz & Armin W. Schulz - 2023 - British Journal for the Philosophy of Science 74 (2):359-379.
    In a number of very influential publications, Epstein and Hoover (among other authors) have recently argued that a thoroughly micro-foundationalist approach towards economics is unconvincing for metaphysical reasons. However, as we show in this article, this metaphysical/social ontological approach to the debate fails to resolve the status of micro-foundations in the practice of economic modelling. To overcome this, we argue that endogenizing a model—that is, providing micro-foundations for it—correlates with making that model more complex. Specifically, we show that models with (...)
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  • Towards a New Philosophy of Positive Economics.Don Ross & Chantale LaCasse - 1995 - Dialogue 34 (3):467-.
    Imagine asking a typical, well informed, contemporary philosopher whether or not she considered biology to be a science. Our informant, being a philosopher, would not necessarily respond with the straightforward “of course” that would be expected from anyone else. She might first reason through a complicated and heavily qualified definition of science, or she might distinguish certain parts of biology that she held to be more clearly scientific than others. If she were partial to a certain sort of critical stance, (...)
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  • Revisiting Friedman’s 'On the methodology of positive economics' ('F53').Paul Hoyningen-Huene - 2021 - Methodus 10 (2):146-182.
    In this paper, I shall defend two main claims. First, Friedman’s famous paper “On the methodology of positive economics” (“F53”) cannot be properly understood without taking into account the influence of three authors who are neither cited nor mentioned in the paper: Max Weber, Frank Knight, and Karl Popper. I shall trace both their substantive influence on F53 and the historical route by which this influence took place. Once one has understood these ingredients, especially Weber’s ideal types, many of F53’s (...)
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  • The Role of Kinds in the Semantics of Ceteris Paribus Laws.Bernhard Nickel - 2014 - Erkenntnis 79 (S10):1729-1744.
    This paper investigates the interaction between semantic theories for cp-laws (roughly, laws that hold “all things equal”) and metaphysical theories of kinds in the special sciences. Its central conclusion is that cp-laws concerning kinds behave differently from cp-laws concerning non-kinds: “ravens are black” which concerns the kind corvus corax, behaves differently from from “albino ravens are white” which concerns the non-kind grouping of albino ravens. I argue that this difference is in the first instance logical: the two sorts of cp-laws (...)
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  • A Simulacrum Account of Dispositional Properties.Marco J. Nathan - 2013 - Noûs 49 (2):253-274.
    This essay presents a model-theoretic account of dispositional properties, according to which dispositions are not ordinary properties of real entities; dispositions capture the behavior of abstract, idealized models. This account has several payoffs. First, it saves the simple conditional analysis of dispositions. Second, it preserves the general connection between dispositions and regularities, despite the fact that some dispositions are not grounded in actual regularities. Finally, it brings together the analysis and the explanation of dispositions under a unified framework.
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  • Learning from Non-Causal Models.Francesco Nappo - 2020 - Erkenntnis 87 (5):2419-2439.
    This paper defends the thesis of learning from non-causal models: viz. that the study of some model can prompt justified changes in one’s confidence in empirical hypotheses about a real-world target in the absence of any known or predicted similarity between model and target with regards to their causal features. Recognizing that we can learn from non-causal models matters not only to our understanding of past scientific achievements, but also to contemporary debates in the philosophy of science. At one end (...)
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  • Audience Effects In Consumption.Metin M. Coşgel - 1994 - Economics and Philosophy 10 (1):19.
    Consider how your consumption would change if you were stranded on a deserted island. Isolation would eliminate all social influences on your consumption decisions, even for the same choice set. You might decide not to consume cosmetics, curtains, or neckties, and pay less attention to the style or color of your clothes, car, or furniture. These choices might not matter as much to you anymore, for you would not have to consider the reactions of other individuals to your consumption. Similarly, (...)
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  • Do Metaphors Affect Economic Theory?Maurice Lagueux - 1999 - Economics and Philosophy 15 (1):1.
    Over the last few decades, theoretical discussions about metaphors have appeared with increasing frequency in the literature and, during the last fifteen years or so, such discussions have become more and more common in the methodology of economics. But what exactly is a metaphor? According to a tradition which dates back to Aristotle, a metaphor is the attribution to one object, A, of the name of another object, B, while this name or these qualities do not properly or normally belong (...)
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  • Playing with networks: how economists explain. [REVIEW]Caterina Marchionni - 2013 - European Journal for Philosophy of Science 3 (3):331-352.
    Network theory is applied across the sciences to study phenomena as diverse as the spread of SARS, the topology of the cell, the structure of the Internet and job search behaviour. Underlying the study of networks is graph theory. Whether the graph represents a network of neurons, cells, friends or firms, it displays features that exclusively depend on the mathematical properties of the graph itself. However, the way in which graph theory is implemented to the modelling of networks differs significantly (...)
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  • Models and theories I: The semantic view revisited.Chuang Liu - 1997 - International Studies in the Philosophy of Science 11 (2):147 – 164.
    The paper, as Part I of a two-part series, argues for a hybrid formulation of the semantic view of scientific theories. For stage-setting, it first reviews the elements of the model theory in mathematical logic (on whose foundation the semantic view rests), the syntactic and the semantic view, and the different notions of models used in the practice of science. The paper then argues for an integration of the notions into the semantic view, and thereby offers a hybrid semantic view, (...)
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  • On the scope and limits of generalizations in the social sciences.Daniel Little - 1993 - Synthese 97 (2):183 - 207.
    This article disputes the common view that social science explanations depend on discovery of lawlike generalizations from which descriptions of social outcomes can be derived. It distinguishes between governing and phenomenal regularities, and argues that social regularities are phenomenal rather than governing. In place of nomological deductive arguments, the article maintains that social explanations depend on the discovery of causal mechanisms underlying various social processes. The metaphysical correlate of this argument is that there are no social kinds: types of social (...)
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  • The moral trial: on ethics and economics.Alessandro Lanteri - 2008 - Erasmus Journal for Philosophy and Economics 1 (1):188.
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  • External representations and scientific understanding.Jaakko Kuorikoski & Petri Ylikoski - 2015 - Synthese 192 (12):3817-3837.
    This paper provides an inferentialist account of model-based understanding by combining a counterfactual account of explanation and an inferentialist account of representation with a view of modeling as extended cognition. This account makes it understandable how the manipulation of surrogate systems like models can provide genuinely new empirical understanding about the world. Similarly, the account provides an answer to the question how models, that always incorporate assumptions that are literally untrue of the model target, can still provide factive explanations. Finally, (...)
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  • Manipulationism, Ceteris Paribus Laws, and the Bugbear of Background Knowledge.Robert Kowalenko - 2017 - International Studies in the Philosophy of Science 31 (3):261-283.
    According to manipulationist accounts of causal explanation, to explain an event is to show how it could be changed by intervening on its cause. The relevant change must be a ‘serious possibility’ claims Woodward 2003, distinct from mere logical or physical possibility—approximating something I call ‘scientific possibility’. This idea creates significant difficulties: background knowledge is necessary for judgments of possibility. Yet the primary vehicles of explanation in manipulationism are ‘invariant’ generalisations, and these are not well adapted to encoding such knowledge, (...)
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  • Model templates within and between disciplines: from magnets to gases – and socio-economic systems.Tarja Knuuttila & Andrea Loettgers - 2016 - European Journal for Philosophy of Science 6 (3):377-400.
    One striking feature of the contemporary modelling practice is its interdisciplinary nature. The same equation forms, and mathematical and computational methods, are used across different disciplines, as well as within the same discipline. Are there, then, differences between intra- and interdisciplinary transfer, and can the comparison between the two provide more insight on the challenges of interdisciplinary theoretical work? We will study the development and various uses of the Ising model within physics, contrasting them to its applications to socio-economic systems. (...)
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  • Isolating Representations Versus Credible Constructions? Economic Modelling in Theory and Practice.Tarja Knuuttila - 2009 - Erkenntnis 70 (1):59-80.
    This paper examines two recent approaches to the nature and functioning of economic models: models as isolating representations and models as credible constructions. The isolationist view conceives of economic models as surrogate systems that isolate some of the causal mechanisms or tendencies of their respective target systems, while the constructionist approach treats them rather like pure constructions or fictional entities that nevertheless license different kinds of inferences. I will argue that whereas the isolationist view is still tied to the representationalist (...)
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  • Are humans disturbing conditions in ecology?S. Andrew Inkpen - 2017 - Biology and Philosophy 32 (1):51-71.
    In this paper I argue, first, that ecologists have routinely treated humans—or more specifically, anthropogenic causal factors—as disturbing conditions. I define disturbing conditions as exogenous variables, variables “outside” a model, that when present in a target system, inhibit the applicability or accuracy of the model. This treatment is surprising given that humans play a dominant role in many ecosystems and definitions of ecology contain no fundamental distinction between human and natural. Second, I argue that the treatment of humans as disturbing (...)
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  • Aligning Innovation and Ethics: an Approach to Responsible Innovation Based on Preference Learning.Johann Jakob Häußermann & Fabian Schroth - 2020 - Philosophy of Management 19 (3):349-364.
    New technologies not only contribute greatly to society and the economy; they also involve fundamental societal shifts, challenging our values and ideas about ourselves and the world. With a view to aligning technological change and innovation with ethical values, the concept of responsible innovation advocates the inclusion of a variety of stakeholders, in particular from society. In shifting moral responsibility towards the producers of innovations, responsible innovation rejects the standard normative economic view that the ethical evaluation of innovations is a (...)
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  • First principles, fallibilism, and economics.Kevin D. Hoover - 2018 - Synthese 198 (Suppl 14):3309-3327.
    In the eyes of its practitioners, economics is both a deductive science and an empirical science. The starting point of its deductions might be thought of as first principles. But what is the status of such principles? The tension between foundationalism, the idea that there are necessary and secure first principles for economic inquiry, and fallibilism, the idea that no belief can be certified as true beyond the possibility of doubt, is explored. Empirical disciplines require some sort of falsifiability. Yet, (...)
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  • Philosophy of Economics: A Retrospective Reflection.Daniel M. Hausman - 2018 - Revue de Philosophie Économique 18 (2):185-202.
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  • Problems with Realism in Economics.Daniel M. Hausman - 1998 - Economics and Philosophy 14 (2):185-213.
    This essay attempts to distinguish the pressing issues for economists and economic methodologists concerning realism in economics from those issues that are of comparatively slight importance. In particular I shall argue that issues concerning the goals of science are of considerable interest in economics, unlike issues concerning the evidence for claims about unobservables, which have comparatively little relevance. In making this argument, this essay raises doubts about the two programs in contemporary economic methodology that raise the banner of realism. In (...)
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  • Ontology and Methodology in Economics.Daniel M. Hausman - 1999 - Economics and Philosophy 15 (2):283-288.
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  • Economics as Separate and Inexact.Daniel M. Hausman - 1996 - Economics and Philosophy 12 (2):207-220.
    The Inexact and Separate Science of Economics offers an overview of standard microeconomics and general equilibrium theory. These are not the whole of orthodox economics, and orthodox economics is not the whole of economics. But orthodox economics dominates the profession, and the theoretical core of microeconomics and general equilibrium theory – what I called ‘equilibrium theory’ – is central to most orthodox economics. Unlike many methodological works, which focus almost exclusively on the empirical problems of equilibrium theory and its applications, (...)
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  • Critical studies / book reviews.Daniel M. Hausman - 2003 - Philosophia Mathematica 11 (3):354-358.
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  • Foundations of Contemporary Revealed Preference Theory.D. Wade Hands - 2013 - Erkenntnis 78 (5):1081-1108.
    This paper examines methodological issues raised by revealed preference theory in economics: particularly contemporary revealed preference theory. The paper has three goals. First, to make the case that revealed preference theory is a broad research program in choice theory—not a single theory—and understanding this diversity is essential to any methodological analysis of the program. Second, to explore some of the existing criticisms of revealed preference theory in a way that emphasizes how the effectiveness of the critique depends on the particular (...)
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  • Against Epistocracy.Paul Gunn - 2019 - Critical Review: A Journal of Politics and Society 31 (1):26-82.
    ABSTRACTIn Against Democracy, Jason Brennan argues that public ignorance undermines the legitimacy of democracy because, to the extent that ignorant voters make bad policy choices, they harm their own and one another’s interests. The solution, he thinks, is epistocracy, which would leave policy decisions largely in the hands of social-scientific experts or voters who pass tests of political knowledge. However, Brennan fails to explain why we should think that these putative experts are sufficiently knowledgeable to avoid making errors as damaging (...)
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  • Appraising Models Nonrepresentationally.Till Grüne-Yanoff - 2013 - Philosophy of Science 80 (5):850-861.
    Many scientific models lack an established representation relation to actual targets and instead refer to merely possible processes, background conditions, and results. This article shows how such models can be appraised. On the basis of the discussion of how-possibly explanations, five types of learning opportunities are distinguished. For each of these types, an example—from economics, biology, psychology, and sociology—is discussed. Contexts and purposes are identified in which the use of a model offers a genuine opportunity to learn. These learning opportunities (...)
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  • Why We Cannot Learn from Minimal Models.Roberto Fumagalli - 2016 - Erkenntnis 81 (3):433-455.
    Philosophers of science have developed several accounts of how consideration of scientific models can prompt learning about real-world targets. In recent years, various authors advocated the thesis that consideration of so-called minimal models can prompt learning about such targets. In this paper, I draw on the philosophical literature on scientific modelling and on widely cited illustrations from economics and biology to argue that this thesis fails to withstand scrutiny. More specifically, I criticize leading proponents of such thesis for failing to (...)
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  • Economics, Psychology, and the Unity of the Decision Sciences.Roberto Fumagalli - 2016 - Philosophy of the Social Sciences 46 (2):103-128.
    In recent years, several authors have reconstructed the relationship between 20th-century economic theory and neuro-psychological research in terms of a three-stage narrative of initial unity, increasing separation, and ongoing reunification. In this article, I draw on major developments in economic theory and neuro-psychological research to provide a descriptive and normative critique of this reconstruction. Moreover, I put forward a reconstruction of the relationship between economics and neuro-psychology that, I claim, better fits both the available empirical evidence and the methodological foundations (...)
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  • Five theses on neuroeconomics.Roberto Fumagalli - 2016 - Journal of Economic Methodology 23 (1):77-96.
    Over the last decade, neuroeconomic research has attracted increasing attention by economic modellers and methodologists. In this paper, I examine five issues about neuroeconomic modelling and methodology that have recently been subject to considerable controversy. For each issue, I explicate and appraise prominent neuroeconomists' findings, focusing on those that are claimed to directly inform economic theorizing. Moreover, I assess often-made assertions concerning how neuroeconomic research putatively advances the economic modelling of choice. In doing so, I combine review and critical arguments (...)
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  • Agent‐based computational models and generative social science.Joshua M. Epstein - 1999 - Complexity 4 (5):41-60.
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  • There may be strict empirical laws in biology, after all.Mehmet Elgin - 2006 - Biology and Philosophy 21 (1):119-134.
    This paper consists of four parts. Part 1 is an introduction. Part 2 evaluates arguments for the claim that there are no strict empirical laws in biology. I argue that there are two types of arguments for this claim and they are as follows: (1) Biological properties are multiply realized and they require complex processes. For this reason, it is almost impossible to formulate strict empirical laws in biology. (2) Generalizations in biology hold contingently but laws go beyond describing contingencies, (...)
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