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The Economic World View

The Economic World View
Studies in the Ontology of Economics

£37.99

Uskali Mäki, Harold Kincaid, Russel Hardin, Philip Pettit, Shaun Hargreaves, John Davis, Jochen Runde, Alex Rosenberg, Kevin D. Hoover, Don Ross, Fred Bennet, Nancy Cartwright, John Dupre, Alan Nelson
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  • Date Published: July 2001
  • availability: Available
  • format: Paperback
  • isbn: 9780521000208

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About the Authors
  • 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 macroeconomic aggregates exist? Is the economy a mechanism, the functioning of which is governed by a limited set of distinct causes? What are the methodological implications of different ontological starting points? This collection, which establishes economic ontology as a coordinated field of study, will be of great value to economists and philosophers of social sciences.

    • Brings economists and philosophers together
    • The first contemporary collection devoted to the focused study of the ontology or metaphysics of economics
    • Asks penetrating questions about the fundamental beliefs of economists
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    Product details

    • Date Published: July 2001
    • format: Paperback
    • isbn: 9780521000208
    • length: 420 pages
    • dimensions: 228 x 154 x 28 mm
    • weight: 0.652kg
    • availability: Available
  • Table of Contents

    Part I. The What, Why, and How of Economic Ontology:
    1. Economic ontology: What? Why? How? Uskali Mäki
    2. The empirical presuppositions of metaphysical explanations Harold Kincaid
    3. Quality and quantity in economics: the metaphysical construction of the economic realm
    Part II. Rationality and Homo Economicus:
    4. The normatic core of rational choice Russel Hardin
    5. The virtual reality of homo economicus Philip Pettit
    6. Expressive rationality: is self worth just another kind of preference? Shaun Hargreaves
    7. Agent identity in economics John Davis
    8. Chances and choices: notes on probability and beliefs in economic theory Jochen Runde
    Part III. Micro, Macro, and Markets:
    9. Essences and markets John O'Neill
    10. The metaphysics of microeconomics Alex Rosenberg
    11. Ontological commitments of evolutionary economics Jack Vronen
    12. Is macroeconomics for real? Kevin D. Hoover
    13. The possibility of economic objectivity Don Ross and Fred Bennet
    Part IV. The World of Economic Causes:
    14. Ceteris paribus laws and socio-economic machines Nancy Cartwright
    15. Tendencies, laws, and the composition of economic causes
    16. Economics without mechanism John Dupre
    Part V. Methodological Implications of Economic Ontology:
    17. Sargent's symmetry saga: ontological versus technical constraints
    18. Two models of idealization in economics Alan Nelson
    19. The way the world works (www): towards an ontology of theory choice Uskali Mäki.

  • Editor

    Uskali Mäki, Erasmus Universiteit Rotterdam

    Contributors

    Uskali Mäki, Harold Kincaid, Russel Hardin, Philip Pettit, Shaun Hargreaves, John Davis, Jochen Runde, Alex Rosenberg, Kevin D. Hoover, Don Ross, Fred Bennet, Nancy Cartwright, John Dupre, Alan Nelson

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