Download or read book Epistemics and Economics written by G. L. S. Shackle and published by Routledge. This book was released on 2017-09-29 with total page 495 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is Shackle's view that human conduct is chosen with a view to its consequences. But these are in the future, which cannot be directly known. Expectation will confine itself to what is deemed possible, but this leaves it free to entertain widely diverse and rival hypotheses. How can such skeins of mutually conflicting ideas serve the formation of individual or institutional policy? This is the chief question this book examines.
Download or read book Epistemics and Economics written by G. L. S. Shackle and published by New Brunswick (U.S.A.) : Transaction Publishers. This book was released on 1991-01-01 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is Shackle's view that human conduct is chosen with a view to its consequences. But these are in the future, which cannot be directly known. Expectation will confine itself to what is deemed possible, but this leaves it free to entertain widely diverse and rival hypotheses. How can such skeins of mutually conflicting ideas serve the formation of individual or institutional policy? This is the chief question this book examines.
Download or read book Epistemic Economics and Organization written by Anna Grandori and published by Routledge. This book was released on 2013-04-26 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes a new approach to economics, management and organization that should help in making economic organization ‘wise’, ‘innovative’ and ‘robust’ in an uncertain and risky world. Although the modern economy and society is ‘knowledge intensive’, Anna Grandori argues that the dominant economic, organizational and behavioural models neglect to a large extent the problem of valid knowledge construction and effective knowledge governance. The book integrates inputs from economics and behavioural science with insights from the philosophy of knowledge to define new micro-foundations: neither a calculative, deductive and omniscient ‘rational actor’; nor an experiential, adaptive and biased ‘behavioural actor’; but a knowledgeable and imaginative ‘epistemic actor’. The implications for contracts and organizations, sustained also by insights from law, are shown to be far reaching, including a new view of the nature of the firm as an entity-establishing agreement under which to discover uses of resources under uncertainty, and as a democratic institution.
Download or read book Epistemics of Development Economics written by Kofi Kissi Dompere and published by Bloomsbury Publishing USA. This book was released on 1995-08-22 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The effective use of development economic theories in practice is limited, the authors contend, by the lack of explicit criterion for judging their scientific content. The directional progress of critical research and teaching is also constrained by this deficiency. This study advances a meta-theory designed to assist in evaluating the scientific validity of theories in economic development and how these theories can be improved to assist social practice. Using this model, the study then examines existing theories, dividing them into explanatory and prescriptive theories. The explanatory theories include the stage-based theories of Marx, Schumpeter, and Rostow, and factor-based theories, including capital-based, human-capital-based, and technology-based theories. The prescriptive theories include explanatory-theory-based prescriptions, interventionist prescriptive theories, and theories of economic planning. In conclusion, the authors contend that modern analysis of development economics is plagued with logical ills, misleading notions, and a weak theoretical structure that lacks scientific appeal. Most of the theories, except for those of Marx and Schumpeter, neglect an analysis of the mechanism of change.
Download or read book Epistemics of Development Economics written by K. K. Dompere and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Experts and Epistemic Monopolies written by Roger Koppl and published by Emerald Group Publishing. This book was released on 2012-10-15 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under what conditions of supply and demand are experts likely to give us good advice? When is expert failure more likely? Do entrepreneurs challenge existing expertise? Are they experts themselves? This title brings a heterogeneous collection of thinkers, some "Austrian" and to engage the problem of experts.
Download or read book Epistemic Economics and Organization written by Anna Grandori and published by Routledge. This book was released on 2013-04-26 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes a new approach to economics, management and organization that should help in making economic organization ‘wise’, ‘innovative’ and ‘robust’ in an uncertain and risky world. Although the modern economy and society is ‘knowledge intensive’, Anna Grandori argues that the dominant economic, organizational and behavioural models neglect to a large extent the problem of valid knowledge construction and effective knowledge governance. The book integrates inputs from economics and behavioural science with insights from the philosophy of knowledge to define new micro-foundations: neither a calculative, deductive and omniscient ‘rational actor’; nor an experiential, adaptive and biased ‘behavioural actor’; but a knowledgeable and imaginative ‘epistemic actor’. The implications for contracts and organizations, sustained also by insights from law, are shown to be far reaching, including a new view of the nature of the firm as an entity-establishing agreement under which to discover uses of resources under uncertainty, and as a democratic institution.
Download or read book The Economic Ideal in British Government written by Phyllis Colvin and published by Manchester University Press. This book was released on 1985 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Romantic Economist written by Richard Bronk and published by Cambridge University Press. This book was released on 2009-02-05 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since economies are dynamic processes driven by creativity, social norms, and emotions as well as rational calculation, why do economists largely study them using static equilibrium models and narrow rationalistic assumptions? This book argues that economists should look for new techniques in Romantic poetry and philosophy.
Download or read book What s Wrong with Formalization in Economics written by Henry K. H. Woo and published by . This book was released on 1986 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Intellectual Path Dependence in Economics written by Altug Yalcintas and published by Routledge. This book was released on 2016-03-10 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is economics always self-corrective? Do erroneous theorems permanently disappear from the market of economic ideas? Intellectual Path Dependence in Economics argues that errors in economics are not always corrected. Although economists are often critical and open-minded, unfit explanations are nonetheless able to reproduce themselves. The problem is that theorems sometimes survive the intellectual challenges in the market of economic ideas even when they are falsified or invalidated by criticism and an abundance of counter-evidence. A key question which often gets little or no attention is: why do economists not reject theories when they have been refuted by evidence and falsified by philosophical reasoning? This book explores the answer to this question by examining the phenomenon of intellectual path dependence in the history of economic thought. It argues that the key reason why economists do not reject refuted theories is the epistemic costs of starting to use new theories. Epistemic costs are primarily the costs of scarcity of the most valued element in academic production: time. Epistemic scarcity overwhelmingly dominates the evolution of scientific research in such a way that when researchers start off a new research project, they allocate time between replicable and un-replicable research. This book is essential reading for anyone interested in the methodology, philosophy and history of economics.
Download or read book Epistemic Meaning written by Kasper Boye and published by Walter de Gruyter. This book was released on 2012-07-30 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended to contribute to the clarification of the linguistic research area covered by the terms modal, evidential and epistemic. It sets out to demonstrate that on cross-linguistic grounds a hitherto overlooked epistemic meaning domain must be given due recognition in linguistic theory, on a par with domains such as time and number. The relevant domain is coherent, but at the same time complex in that it consists of two subdomains: one which comprises degree-of-certainty meanings, and one which comprises information-source meanings. The book offers three arguments for giving recognition to such a meaning domain. The first argument concerns the clustering of linguistic expressions with epistemic meaning into morphosyntactically delimited systems of elements. The second argument has to do with the variation pertaining to the coding of epistemic meanings, as highlighted in a semantic map of epistemic expressions. The third argument turns upon the scope properties of epistemic meanings and the morphosyntactic reflections of these properties. Finally, the book proposes a unified cognitive analysis of epistemic meaning in terms of which it attempts to account for the properties of the epistemic meaning domain as well as of individual epistemic meanings.
Download or read book Praxiologies and the Philosophy of Economics written by Josiah Lee Auspitz and published by Transaction Publishers. This book was released on with total page 742 pages. Available in PDF, EPUB and Kindle. Book excerpt: This breakthrough volume integrates European, British, and American scholarship in advanced areas of philosophy and decision theory. Contributions cover a broad area of economics--from criticism of institutional economics to examination of the role of induction in economic forecasting.
Download or read book Critics of Enlightenment Rationalism Revisited written by Gene Callahan and published by Springer Nature. This book was released on 2022-09-10 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview of some of the most important critics of “Enlightenment rationalism.” The subjects of the volume (including, among others, Pascal, Vico, Schmitt, Weber, Anscombe, Scruton, and Tolkien) do not share a philosophical tradition as much as a skeptical disposition toward the notion, common among modern thinkers, that there is only one standard of rationality or reasonableness, and that that one standard is or ought to be taken from the presuppositions, methods, and logic of the natural sciences. The essays on each thinker are intended not merely to offer a commentary on that thinker, but also to place the person in the context of this larger stream of anti-rationalist thought.
Download or read book The Social Epistemology of Experimental Economics written by Ana Cordeiro dos Santos and published by Routledge. This book was released on 2009-09-11 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a framework for the analysis of scientific experimentation and applies it to the experimental field of economics looking at the epistemic role of the participation of human subjects in economics experiments.
Download or read book Development of Economic Analysis written by Ingrid H. Rima and published by Routledge. This book was released on 2012-10-12 with total page 681 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the sixth edition of a textbook that has been instrumental in introducing a generation of students to the history of economic thought. It charts the development of economics from its establishment as an analytical discipline in the eighteenth century through to the late twentieth century. The book discusses the work of, amongst others: Ricardo, Malthus, Marx, Walras, Marshall and Keynes as well as the institutionalists, the Chicago School and the emergence of econometrics. This edition has been fully revised and updated and includes: * chronologies of the key dates in the development of economics * extracts from original texts * an examination of how the study of the history of economic thought impinges upon modern thinking.
Download or read book A Realist Philosophy of Economics written by Karl Mittermaier and published by Policy Press. This book was released on 2023-09-22 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: EPUB and EPDF available Open Access under CC-BY-NC-ND licence. Economic theory relies heavily on the idea of rational action, but how are we to understand the empirical content of rational choice when we can only observe the outcome, not what goes into making the choice? With contributions from Alan Kirman and Rod O'Donnell, Karl Mittermaier's posthumously published work establishes a new conceptual framework that will enable economic theorists to forge new paths of empirical analysis. Introducing readers to the work of a profound thinker who was not recognized in his lifetime, this book, featuring previously unpublished material, is poised to become a seminal text in the philosophy of social sciences.
