Results for 'Economism'

208 found
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  1. Economists, university rankings, and leaving the European Union, by M*l*n K*nder*.Terence Rajivan Edward - manuscript
    In this paper, I present some responses to an argument made by an economist in an online video: that when Britain leaves the European Union, it will be taking many high ranking universities with it, which will lead to an innovation deficit in the union. I present some responses by means of a pastiche of a widely read European fiction writer.
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  2. Value-free paradise is lost. Economists could learn from artists.Aleksander Ostapiuk - 2020 - Annales. Ethics in Economic Life 23 (4):7-33.
    Despite the conclusions from the contemporary philosophy of science, many economists cherish the ideal of positive science. Therefore, value-free economics is still the central paradigm in economics. The first aim of the paper is to investigate economics' axiomatic assumptions from an epistemological perspective. The critical analysis of the literature shows that the positive-normative dichotomy is exaggerated. Moreover, value-free economics is based on normative foundations that have a negative impact on individuals and society. The paper's second aim is to show that (...)
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  3. Life without Virtue: Economists Rule; Review Essay of Dani Rodrik's Economics Rules.S. M. Amadae - 2020 - Economic Issues 25 (2):51-70.
    This review essay of Economics Rules situates Dani Rodrik’s contribution with respect to the 2007–2008 global economic crisis. This financial meltdown, which the eurozone did not fully recover from before the Covid-19 pandemic, led to soul- searching among economists as well as a call for heterodox economic approaches. Yet, over the past decade, instead the economics profession has maintained its orthodoxy. Rodrik’s Economics Rules offers a critique of the economics profession that is castigating but mild. It calls for economists to (...)
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  4. Cook Ding meets homo oeconomicus: Contrasting Daoist and economistic imaginaries of work.Lisa Herzog, Tatiana Llaguno & Man-Kong Li - 2024 - Critical Review of International Social and Political Philosophy.
    In this paper, we attempt to de-naturalize the prevailing economistic imaginary of work that Max Weber and later commentators described as ‘protestant work ethic,’ epitomized in the figure of homo economicus. We do so by contrasting it with the imaginary of skillful work that can be found in vignettes about artisans in the Zhuangzi. We argue that there are interesting contrasts between these views concerning 1) direct goal achievement vs. indirect goal achievement through the cultivation of skills; 2) the hierarchization (...)
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  5. Value-free economics’ road towar Value-free economics’ road towards epistemological hubris. The use and abuse of mathematics by economists.Aleksander Ostapiuk - 2019 - Philosophical Problems in Science 67:153-202.
    The goal of the article is to substantiate that despite the criticism the paradigm in economics will not change because of the axiomatic assumptions of value-free economics. How these assumptions work is demonstrated on the example of Gary Becker’s economic approach which is analyzed from the perspective of scientific research programme. The author indicates hard core of economic approach and the protective belt which makes hard core immune from any criticism. This immunity leads economists to believe that they are objective (...)
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  6. The Challenge of Evo-Devo: Implications for evolutionary economists.George Liagouras - manuscript
    Usually evolutionary economists equate evolutionary theory with modern Darwinism. However the rise of evolutionary developmental biology (Evo-Devo) puts into question the monopoly of Darwinism in evolutionary biology. The major divergences between the two paradigms in evolutionary biology are drawn in the analysis of three trade-offs: population vs. typological thinking, creative role of natural selection vs. internal (inherent) change, and microevolution vs. macroevolution. It is argued here that the Evo-Devo breakthrough helps to better understand the limits to Darwinism in the social (...)
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  7. Why Friedman's methodology did not generate consensus among economists?David Teira - 2009 - Journal of the History of Economic Thought 31 (2):201-214.
    In this paper I study how the theoretical categories of consumption theory were used by Milton Friedman in order to classify empirical data and obtain predictions. Friedman advocated a case by case definition of these categories that traded theoretical coherence for empirical content. I contend that this methodological strategy puts a clear incentive to contest any prediction contrary to our interest: it can always be argued that these predictions rest on a wrong classification of data. My conjecture is that this (...)
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  8. Book review of: J. Simon, A Life Against the Grain: The Autobiography of an Unconventional Economist. [REVIEW]Gary James Jason - 2004 - Liberty (September):46-50.
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  9. Business Ethics Denial: Scale Development and Validation.Hasko von Kriegstein & Kristyn A. Scott - 2023 - Personality and Individual Differences 210.
    Economistic Business Ethics Denial (BED) is the belief that contemporary business has features that make it systematically incompatible with ethics. Using over 1200 participants across seven separate samples we established the substantive validity of a BED Scale, confirmed its theorized structure, psychometric properties, convergent, and discriminant validity. The results suggest that the scale assesses four correlated factors of economistic BED. The scale can be used in future research on ethical decision making in business, and business ethics education.
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  10. Status Quo Bias, Rationality, and Conservatism about Value.Jacob M. Nebel - 2015 - Ethics 125 (2):449-476.
    Many economists and philosophers assume that status quo bias is necessarily irrational. I argue that, in some cases, status quo bias is fully rational. I discuss the rationality of status quo bias on both subjective and objective theories of the rationality of preferences. I argue that subjective theories cannot plausibly condemn this bias as irrational. I then discuss one kind of objective theory, which holds that a conservative bias toward existing things of value is rational. This account can fruitfully explain (...)
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  11. The Desire to Work as an Adaptive Preference.Michael Cholbi - 2018 - Autonomy 4.
    Many economists and social theorists hypothesize that most societies could soon face a ‘post-work’ future, one in which employment and productive labor have a dramatically reduced place in human affairs. Given the centrality of employment to individual identity and its pivotal role as the primary provider of economic and other goods, transitioning to a ‘post-work’ future could prove traumatic and disorienting to many. Policymakers are thus likely to face the difficult choice of the extent to which they ought to satisfy (...)
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  12. Scientific realism and ontology.Uskali Mäki - 2008 - In Steven N. Durlauf & Lawrence E. Blume (eds.), The New Palgrave Dictionary of Economics : volume 7 : real balances - stochastic volatility models. Palgrave-Macmillan.
    Economists customarily talk about the ‘realism’ of economic models and of their assumptions and make descriptive and prescriptive judgements about them: this model has more realism in it than that, the realism of assumptions does not matter, and so on. This is not the way philosophers mostly use the term ‘realism’ thus there is a major terminological discontinuity between the two disciplines. The following remarks organise and critically elaborate some of the philosophical usages of the term and show some of (...)
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  13. The Economics and Philosophy of Risk.H. Orri Stefansson - 2022 - In Conrad Heilmann & Julian Reiss (eds.), Routledge Handbook of Philosophy of Economics. Routledge.
    Neoclassical economists use expected utility theory to explain, predict, and prescribe choices under risk, that is, choices where the decision-maker knows---or at least deems suitable to act as if she knew---the relevant probabilities. Expected utility theory has been subject to both empirical and conceptual criticism. This chapter reviews expected utility theory and the main criticism it has faced. It ends with a brief discussion of subjective expected utility theory, which is the theory neoclassical economists use to explain, predict, and prescribe (...)
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  14. Bi-polar development: A theoretical discursive commentary on land titling and cultural destruction in Kenya.Alexander Sieber - 2019 - Cogent Social Sciences 5 (1):1674054.
    Development economist Hernando de Soto Polar has effectively advocated for property rights in the Third World, as his ideas have influenced the policies of the World Bank, International Monetary Fund and United Nations Development Programme. He envisions land titling as a means of lifting the poor out of poverty. I argue that his classical liberal interpretations of property and the good life are dangerously naive. One can see the dangers of de Soto’s imperialist and one-dimensional vision after considering the cultural (...)
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  15. Les origines de la distinction entre positif et normatif en économie.Philippe Mongin - 2018 - Revue Philosophique De Louvain 116 (2):151–186.
    Abstract: Economists are accustomed to distinguishing between a positive and a normative component of their work, a distinction that is peculiar to their field, having no exact counterpart in the other social sciences. The distinction has substantially changed over time, and the different ways of understanding it today are reflective of its history. Our objective is to trace the origins and initial forms of the distinction, from the English classical political economy of the first half of the 19th century to (...)
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  16. Salvador Dali: a tactical advantage of less specialization.Terence Rajivan Edward - manuscript
    The Scottish economist Adam Smith recommends specialization, but Salvador Dali was not very specialized: he painted, wrote books, acted, sang, and made films. In this paper, I draw attention to a tactical advantage of not specializing for Dali, when faced with various challenges.
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  17. Would legalizing torture result in too many cases of torture? Rare counterexamples.Terence Rajivan Edward - manuscript
    The economist David K. Levine claims that if a government of a country makes torture legal, the inevitable result will be torture that is out of control. I point out an inconsistency in his approach to torture. I then argue that we should be open to rare counterexamples to his claim and describe a kind of counterexample.
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  18. The IKEA Effect & The Production of Epistemic Goods.Justin Tiehen - forthcoming - Philosophical Studies 179 (11):3401-3420.
    Behavioral economists have proposed that people are subject to an IKEA effect, whereby they attach greater value to products they make for themselves, like IKEA furniture, than to otherwise indiscernible goods. Recently, cognitive psychologist Tom Stafford has suggested there may be an epistemic analog to this, a kind of epistemic IKEA effect. In this paper, I use Stafford’s suggestion to defend a certain thesis about epistemic value. Specifically, I argue that there is a distinctive epistemic value in being an active (...)
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  19. Complexity, Policymaking, and The Austrian Denial of Macroeconomics.Scott Scheall - 2023 - In Bert Tieben, Victoria Chick & Jesper Jespersen (eds.), Routledge Handbook of Macroeconomic Methodology. Routledge.
    Economists associated with the Austrian School of Economics are known to deny the value of macroeconomics as descended from the work of John Maynard Keynes and, especially, his followers. Yet, Austrian economists regularly engage in a related scientific activity: theorizing about the causes and consequences of economic fluctuations, i.e., the business cycle. What explains the Austrians’ willingness to engage in theorizing about the business cycle while denying the scientific import of macroeconomics? The present paper argues that the methodological precepts of (...)
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  20. Structured and Unstructured Valuation.John Broome - 1994 - Analyse & Kritik 16 (2):121-132.
    Economists can value things for cost-benefit analysis using either a structured or an unstructured approach. The first imposes some theoretical structure on the valuation; the second does not. This paper explains the difference between the approaches and examines the relative merits of each. Cost-benefit analysis may be aimed at finding what would be the best action, or alternatively at finding which action should be done in a democracy. The paper explains the difference, and argues that the appropriate aim is the (...)
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  21. Economic Decision-Making and Ethical Choice.Kathleen Touchstone - 2008 - Journal of Ayn Rand Studies 10 (1):171 - 191.
    Some economists, notably Gary Becker, claim that economic analysis is applicable to any decision, ethical or otherwise. Ethical principles within Objectivist Ethics are based on long-range success— life being the measure of success. This paper examines these different approaches to decision-making. Decision theory and Rand's Benevolent Universe Premise form the basis for the analysis.
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  22. Technological Displacement and the Duty to Increase Living Standards: from Left to Right.Howard Nye - 2020 - International Review of Information Ethics 28:1-16.
    Many economists have argued convincingly that automated systems employing present-day artificial intelligence have already caused massive technological displacement, which has led to stagnant real wages, fewer middle- income jobs, and increased economic inequality in developed countries like Canada and the United States. To address this problem various individuals have proposed measures to increase workers’ living standards, including the adoption of a universal basic income, increased public investment in education, increased minimum wages, increased worker control of firms, and investment in a (...)
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  23. A Puzzle About Economic Explanation: Examining the Cournot and Bertrand Models of Duopoly Competition.Jonathan Nebel - 2017 - Dissertation, Kansas State University
    Economists use various models to explain why it is that firms are capable of pricing above marginal cost. In this paper, we will examine two of them: the Cournot and Bertrand duopoly models. Economists generally accept both models as good explanations of the phenomenon, but the two models contradict each other in various important ways. The puzzle is that two inconsistent explanations are both regarded as good explanations for the same phenomenon. This becomes especially worrisome when the two models are (...)
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  24. Beyond sympathy and empathy: Adam Smith's concept of fellow-feeling.Robert Sugden - 2002 - Economics and Philosophy 18 (1):63-87.
    When modern economists use the notions of sympathy or empathy, they often claim that their ideas have their roots in Adam Smith's Theory of Moral Sentiments, while sometimes complaining that Smith fails to distinguish clearly enough between the two concepts. Recently, Philippe Fontaine has described various forms of sympathy and empathy, and has explored their respective roles in Smith's work. My objective in this paper is to argue that Smith's analysis of how people's sentiments impinge on one another involves a (...)
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  25. The Preservation Paradox and Natural Capital.C. Tyler DesRoches - 2020 - Ecosystem Services: Science, Policy and Practice 101058 (N/A):1-7.
    Many ecological economists have argued that some natural capital should be preserved for posterity. Yet, among environmental philosophers, the preservation paradox entails that preserving parts of nature, including those denoted by natural capital, is impossible. The paradox claims that nature is a realm of phenomena independent of intentional human agency, that preserving and restoring nature require intentional human agency, and, therefore, no one can preserve or restore nature (without making it artificial). While this article argues that the preservation paradox is (...)
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  26. The Relatively Infinite Value of the Environment.Paul Bartha & C. Tyler DesRoches - 2017 - Australasian Journal of Philosophy 95 (2):328-353.
    Some environmental ethicists and economists argue that attributing infinite value to the environment is a good way to represent an absolute obligation to protect it. Others argue against modelling the value of the environment in this way: the assignment of infinite value leads to immense technical and philosophical difficulties that undermine the environmentalist project. First, there is a problem of discrimination: saving a large region of habitat is better than saving a small region; yet if both outcomes have infinite value, (...)
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  27. The Power of Speech Acts: Reflections on a Performative Concept of Ethical Oaths in Economics and Business.Vincent Blok - 2013 - Review of Social Economy 71 (2):187-208.
    Ethical oaths for bankers, economists and managers are increasingly seen as successful instruments to ensure more responsible behaviour. In this article, we reflect on the nature of ethical oaths. Based on John Austin's speech act theory and the work of Emmanuel Levinas, we introduce a performative concept of ethical oaths that is characterised by (1) the existential self-performative of the one I want to be, which is (2) demanded by the public context. Because ethical oaths are (3) structurally threatened by (...)
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  28. The Abuse of Expertise and the Problem with Public Economics.Gordon Barnes - forthcoming - Social Theory and Practice.
    In recent decades, economists have played an active role in shaping public policy by publicly recommending the adoption of certain policies. These recommendations are often based on normative assumptions that are not the product of economic analysis; nor are they shared by the laypeople to whom these recommendations are made. Inducing people to adopt public policies for reasons that are neither the product of expertise, nor shared by the people, is a form of manipulation that violates the ideals of a (...)
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  29. Avoiding Interpersonal Utility Comparisons in Eleutheric-Conjectural Libertarianism.J. C. Lester - manuscript
    Until quite recently, it has appeared that eleutheric-conjectural libertarianism (ECL) could not avoid some degree of, very broad, interpersonal utility comparisons (IUCs). And this has been objected to by some of its libertarian critics, notably economists and propertarians. Indeed, this aspect does make the theory less compatible with economics than the rest of the theory and it is thereby a significant problem. This is because one of the main problems that ECL is intended to solve is how an abstract theory (...)
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  30. An Argument for Guest Worker Programs.Javier Hidalgo - 2010 - Public Affairs Quarterly 24 (1):21-38.
    Several noted economists and prominent international organizations have recently advocated for the implementation of guest worker programs in developed states. Their primary argument is that guest worker programs would serve as a powerful mechanism for reducing global poverty and inequality. For example, economist Dani Rodrik estimates that guest worker programs in wealthy states would generate $200 billion or more annually for poor countries. According to Rodrik, liberalizing the temporary movement of workers would “produce the largest possible gains for the world (...)
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  31. The Economic World View: Studies in the Ontology of Economics.Uskali Mäki (ed.) - 2001 - New York: Cambridge University Press.
    The beliefs of economists are not solely determined by empirical evidence in direct relation to the theories and models they hold. Economists hold 'ontological presuppositions', fundamental ideas about the nature of being which direct their thinking about economic behaviour. In this volume, leading philosophers and economists examine these hidden presuppositions, searching for a 'world view' of economics. What properties are attributed to human individuals in economic theories, and which are excluded? Does economic man exist? Do markets have an essence? Do (...)
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  32. Empirical Relationships Among Five Types of Well-Being.Seth Margolis, Eric Schwitzgebel, Daniel J. Ozer & Sonja Lyubomirsky - 2021 - In William Lauinger (ed.), Measuring Well-Being: Interdisciplinary Perspectives from the Social Sciences and Humanities. New York, NY, USA: pp. 339-376.
    Philosophers, psychologists, economists and other social scientists continue to debate the nature of human well-being. We argue that this debate centers around five main conceptualizations of well-being: hedonic well-being, life satisfaction, desire fulfillment, eudaimonia, and non-eudaimonic objective-list well-being. Each type of well-being is conceptually different, but are they empirically distinguishable? To address this question, we first developed and validated a measure of desire fulfillment, as no measure existed, and then examined associations between this new measure and several other well-being measures. (...)
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  33. Animal Welfare at Home and in the Wild.Kyle Johannsen - 2016 - Animal Sentience 1 (7/10).
    In recent work, economist Yew-Kwang Ng suggests strategies for improving animal welfare within the confines of institutions such as the meat industry. Although I argue that Ng is wrong not to advocate abolition, I do find his position concerning wild animals to be compelling. Anyone who takes the interests of animals seriously should also accept a cautious commitment to intervention in the wild.
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  34. Redirection of talent.Miro Brada - manuscript
    The interview with economist William Baumol, published in 2003 in weekly Respekt, deals with alternative activities for talented individuals. If they can't pursue productive activities (technological innovations) they go for rent-seeking activities or activities with negligible social return (e.g. chess). I also present a thesis, that if there is no sophisticated alternative activities, the talent may be redirected into pathological ones: psychopathy, neurosis, paranoia, psychosis... The article was exhibited in Holland Park, W8 6LU, The Ice House between 18. Oct - (...)
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  35. Modeling Morality.Walter Veit - 2019 - In Matthieu Fontaine, Cristina Barés-Gómez, Francisco Salguero-Lamillar, Lorenzo Magnani & Ángel Nepomuceno-Fernández (eds.), Model-Based Reasoning in Science and Technology: Inferential Models for Logic, Language, Cognition and Computation. Springer Verlag. pp. 83–102.
    Unlike any other field, the science of morality has drawn attention from an extraordinarily diverse set of disciplines. An interdisciplinary research program has formed in which economists, biologists, neuroscientists, psychologists, and even philosophers have been eager to provide answers to puzzling questions raised by the existence of human morality. Models and simulations, for a variety of reasons, have played various important roles in this endeavor. Their use, however, has sometimes been deemed as useless, trivial and inadequate. The role of models (...)
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  36. Democracy after Deliberation: Bridging the Constitutional Economics/Deliberative Democracy Divide.Shane Ralston - 2007 - Dissertation, University of Ottawa
    This dissertation addresses a debate about the proper relationship between democratic theory and institutions. The debate has been waged between two rival approaches: on the one side is an aggregative and economic theory of democracy, known as constitutional economics, and on the other side is deliberative democracy. The two sides endorse starkly different positions on the issue of what makes a democracy legitimate and stable within an institutional setting. Constitutional economists model political agents in the same way that neoclassical economists (...)
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  37. Akamatsu Waves.Leonid Grinin, Arno Tausch & Andrey Korotayev - 2017 - Oxford Research Encyclopedia of Politics:1-16.
    In 1937, the Japanese economist Kaname Akamatsu discovered specific links between the rise and decline of the global peripheries. Akamatsu’s theory of development describes certain mechanisms whose working results in the narrowing of the gap between the level of development of the economy of developing and developed countries, and, thus, in the re-structuring of the relationships between the global core and the global periphery. Akamatsu developed his model on the basis of his analysis of the economic development of Japan before (...)
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  38. Philosophy of Money.Alla Sheptun - 1998 - PAIDEIA Project.
    This article is an attempt to sketch a philosophical view of money as a social phenomenon. I show that the way to understand the substance of money is to analyze its meaning as a medium of exchange in connection with its meaning as a purpose of exchange, thereby providing an investigation of its social value. This approach has been used by many of the great philosophers and economists of the past, but not today. Modern economics is a policy oriented theoretical (...)
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  39. Dialogues concerning Natural Politics: A Modern Philosophical Dialogue about Policymaker Ignorance.Scott Scheall - 2023 - Substack.
    How should we conceive of policymakers for the purposes of political analysis? In particular, if we wish to explain and predict political decisions and their consequences, if we wish to ensure that political action is as effective as it can be, how should we think of policymakers? Should we think of them as they are commonly conceived in traditional political analysis, i.e., as uniquely knowledgeable and as either altruistic (i.e., as motivated to realize goals associated with their constituents’ interests) or (...)
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  40. Invisible Influence: Artificial Intelligence and the Ethics of Adaptive Choice Architectures.Daniel Susser - 2019 - Proceedings of the 2019 AAAI/ACM Conference on AI, Ethics, and Society 1.
    For several years, scholars have (for good reason) been largely preoccupied with worries about the use of artificial intelligence and machine learning (AI/ML) tools to make decisions about us. Only recently has significant attention turned to a potentially more alarming problem: the use of AI/ML to influence our decision-making. The contexts in which we make decisions—what behavioral economists call our choice architectures—are increasingly technologically-laden. Which is to say: algorithms increasingly determine, in a wide variety of contexts, both the sets of (...)
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  41. Rethinking Health: Healthy or Healthier than?S. Andrew Schroeder - 2013 - British Journal for the Philosophy of Science 64 (1):131-159.
    Theorists of health have, to this point, focused exclusively on trying to define a state—health—that an organism might be in. I argue that they have overlooked the possibility of a comparativist theory of health, which would begin by defining a relation—healthier than—that holds between two organisms or two possible states of the same organism. I show that a comparativist approach to health has a number of attractive features, and has important implications for philosophers of medicine, bioethicists, health economists, and policy (...)
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  42. Which values should be built into economic measures?S. Andrew Schroeder - 2019 - Economics and Philosophy 35 (3):521-536.
    Many economic measures are structured to reflect ethical values. I describe three attitudes towards this: maximalism, according to which we should aim to build all relevant values into measures; minimalism, according to which we should aim to keep values out of measures; and an intermediate view. I argue the intermediate view is likely correct, but existing versions are inadequate. In particular, economists have strong reason to structure measures to reflect fixed, as opposed to user-assessable, values. This implies that, despite disagreement (...)
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  43. Justice and the Meritocratic State.Thomas Mulligan - 2018 - New York: Routledge.
    Like American politics, the academic debate over justice is polarized, with almost all theories of justice falling within one of two traditions: egalitarianism and libertarianism. This book provides an alternative to the partisan standoff by focusing not on equality or liberty, but on the idea that we should give people the things that they deserve. Mulligan argues that a just society is a meritocracy, in which equal opportunity prevails and social goods are distributed strictly on the basis of merit. That (...)
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  44. Value Commitment, Resolute Choice, and the Normative Foundations of Behavioural Welfare Economics.C. Tyler DesRoches - 2020 - Journal of Applied Philosophy 37 (4):562-577.
    Given the endowment effect, the role of attention in decision-making, and the framing effect, most behavioral economists agree that it would be a mistake to accept the satisfaction of revealed preferences as the normative criterion of choice. Some have suggested that what makes agents better off is not the satisfaction of revealed preferences, but ‘true’ preferences, which may not always be observed through choice. While such preferences may appear to be an improvement over revealed preferences, some philosophers of economics have (...)
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  45. The Passing of Temporal Well-Being.Ben Bramble - 2017 - New York, NY: Routledge.
    The philosophical study of well-being concerns what makes lives good for their subjects. It is now standard among philosophers to distinguish between two kinds of well-being: - lifetime well-being, i.e., how good a person's life was for him or her considered as a whole, and - temporal well-being, i.e., how well off someone was, or how they fared, at a particular moment in time or over a period of time longer than a moment but shorter than a whole life, say, (...)
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  46. Belief Revision for Growing Awareness.Katie Steele & H. Orri Stefánsson - 2021 - Mind 130 (520):1207–1232.
    The Bayesian maxim for rational learning could be described as conservative change from one probabilistic belief or credence function to another in response to newinformation. Roughly: ‘Hold fixed any credences that are not directly affected by the learning experience.’ This is precisely articulated for the case when we learn that some proposition that we had previously entertained is indeed true (the rule of conditionalisation). But can this conservative-change maxim be extended to revising one’s credences in response to entertaining propositions or (...)
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  47. Temporal Discounting and Climate Change.J. Paul Kelleher - forthcoming - In Nina Emery (ed.), The Routledge Companion to Philosophy of Time. Routledge.
    Temporal discounting is a technical operation in climate change economics. When discount rates are positive, economic evaluation treats future benefits as less important than equivalent present benefits. This chapter explains and critically evaluates four different reasons economists have given for tying discount rates to the interest rates we observe in real-world markets. I suggest that while philosophers have correctly criticized three of these reasons, their criticisms of the fourth miss the mark. This is because philosophers have not taken heed of (...)
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  48. Handbook of Computational Economics, Volume 2: Agent-Based Computational Economics.Leigh Tesfatsion & Kenneth L. Judd (eds.) - 2006 - Amsterdam, The Netherlands: Elsevier.
    The explosive growth in computational power over the past several decades offers new tools and opportunities for economists. This handbook volume surveys recent research on Agent-based Computational Economics (ACE), the computational study of economic processes modeled as open-ended dynamic systems of interacting agents. Empirical referents for “agents” in ACE models can range from individuals or social groups with learning capabilities to physical world features with no cognitive function. Topics covered include: learning; empirical validation; network economics; social dynamics; financial markets; innovation (...)
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  49. Moral Diversity and Moral Responsibility.Brian Kogelmann & Robert H. Wallace - 2018 - Journal of the American Philosophical Association 4 (3):371-389.
    In large, impersonal moral orders many of us wish to maintain good will toward our fellow citizens only if we are reasonably sure they will maintain good will toward us. The mutual maintaining of good will, then, requires that we somehow communicate our intentions to one another. But how do we actually do this? The current paper argues that when we engage in moral responsibility practices—that is, when we express our reactive attitudes by blaming, praising, and resenting—we communicate a desire (...)
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  50. What counts as relevant criticism? Longino's critical contextual empiricism and the feminist criticism of mainstream economics.Teemu Lari - 2024 - Studies in History and Philosophy of Science 104:88-97.
    I identify and resolve an internal tension in Critical Contextual Empiricism (CCE) – the normative account of science developed by Helen Longino. CCE includes two seemingly conflicting principles: on one hand, the cognitive goals of epistemic communities should be open to critical discussion (the openness of goals to criticism principle, OGC); on the other hand, criticism must be aligned with the cognitive goals of that community to count as “relevant” and thus require a response (the goal-relativity of response-requiring criticism principle, (...)
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