Reiss J. Philosophy of economics: a contemporary introduction / J.Reiss. - New York; London: Routledge/Taylor & Francis, 2013. - xiii, 331 p.: ill. - (Routledge contemporary introductions to philosophy). - Bibliogr.: p.303-321. - Ind.: p.322-331. - ISBN 978-0-415-88116-6 Шифр: (И/У-R39) 02  Место хранения:   02 | Отделение ГПНТБ СО РАН | Новосибирск

Оглавление / Contents

List of Figures ............................................... xiv List of Tables ................................................. xv Acknowledgments ............................................... xvi 1 The Why, What and How of Philosophy of Economics ............. 1 Overview ..................................................... 1 Two Opposing Paradigms ....................................... 2 The Philosophy of Economics: Interpreting Theory, Methodology and Ethics ....................................... 6 The Aims of Economics and the Problem of Purpose ............. 8 Study Questions ............................................. 11 Suggested Readings .......................................... 11 PART I. Interpreting Economic Theory ........................... 13 2 Explaining Economic Phenomena ............................... 15 Overview .................................................... 15 Explanation as an Aim of Economics .......................... 16 Phenomena ................................................... 17 Why-Questions, Explanandum and Explanans .................... 19 Scientific Laws ............................................. 21 The D-N Model and Its Discontents ........................... 23 Conclusions ................................................. 25 Study Questions ............................................. 26 Suggested Readings .......................................... 26 PART IA. Rationality ........................................... 27 3 Rational-Choice Theory ...................................... 29 Overview .................................................... 29 Folk Psychology ............................................. 29 Ordinal-Choice Theory ....................................... 32 Cardinal-Choice Theory ...................................... 42 Stability, Invariance and Justifiers ........................ 49 Conclusions ................................................. 53 Study Questions ............................................. 53 Suggested Readings .......................................... 53 4 Game Theory ................................................. 54 Overview .................................................... 54 Whither the Euro? ........................................... 54 Some Games and Some Formalism ............................... 57 Game Theory's Payoffs ....................................... 61 Game Theory and Rationality ................................. 63 Game Theory as Explanatory Theory ........................... 74 Study Questions ............................................. 80 Suggested Readings .......................................... 81 PART IB. Causality ............................................ 83 5 Causation and Causal Tendencies ............................. 85 Overview .................................................... 85 The Rise of Causal Talk in Economics ........................ 86 Correlation Is Not Causation: So What Is Causation? ......... 89 Causal Tendencies ........................................... 92 Conclusions ................................................. 98 Study Questions ............................................ 100 Suggested Readings ......................................... 100 6 Mechanisms ................................................. 101 Overview ................................................... 101 Hume on Money .............................................. 102 Four Notions of Causal Mechanism ........................... 104 Mechanisms as Underlying Structures or Processes ........... 105 Mechanisms, Methodological Individualism and Micro- Foundations ................................................ 109 Mechanistic Explanation .................................... 112 Conclusions ................................................ 115 Study Questions ............................................ 116 Suggested Readings ......................................... 116 PART IС. Models ............................................... 117 7 Models, Idealization, Explanation .......................... 119 Overview ................................................... 119 Causal Explanation ......................................... 120 Economic Models ............................................ 121 Idealizations .............................................. 124 Explanation ................................................ 127 Conclusions ................................................ 141 Study Questions ............................................ 141 Suggested Readings ......................................... 141 PART II. Methodology .......................................... 143 8 Measurement ................................................ 145 Overview ................................................... 145 Observation ................................................ 146 Consumer Price Inflation ................................... 150 Unemployment and GDP ....................................... 157 Conclusions ................................................ 158 Study Questions ............................................ 159 Suggested Readings ......................................... 159 9 Econometrics ............................................... 161 Overview ................................................... 161 Induction, Deduction and All That .......................... 162 Mostly Harmless Econometrics? .............................. 166 Conclusions ................................................ 172 Study Questions ............................................ 173 Suggested Readings ......................................... 173 10 Experiments ................................................ 174 Overview ................................................... 174 Speaking to Theorists ...................................... 175 Searching for Facts ........................................ 177 Whispering into the Ears of Princes ........................ 180 Methodological Issues ...................................... 182 Conclusions ................................................ 193 Study Questions ............................................ 194 Suggested Readings ......................................... 194 11 Evidence-Based Policy ...................................... 195 Overview ................................................... 195 What Is Evidence-Based Policy? ............................. 197 What Is an RCT, and What Are Its Virtues? .................. 201 What, Then, Is Wrong with Evidence-Based Policy? ........... 202 Conclusions ................................................ 206 Study Questions ............................................ 207 Suggested Readings ......................................... 207 PART III. Ethics .............................................. 209 12 Welfare and Well-Being ..................................... 211 Overview ................................................... 211 Welfare Economics .......................................... 212 Well-Being ................................................. 213 The Evidential View of Preferences ......................... 225 Conclusions ................................................ 227 Study Questions ............................................ 228 Suggested Readings ......................................... 229 13 Markets and Morals ......................................... 230 Overview ................................................... 230 Market Failure ............................................. 231 Transaction Costs and the Coase Theorem .................... 236 Intellectual Property Rights ............................... 240 Commodification: What Money Can't Buy ...................... 245 Study Questions ............................................ 252 Suggested Readings ......................................... 253 14 Inequality and Distributive Justice ........................ 254 Overview ................................................... 254 Inequality ................................................. 255 Principles of Distributive Justice ......................... 256 Conclusions ................................................ 275 Study Questions ............................................ 276 Suggested Readings ......................................... 276 15 Behavioral Economics and Nudge ............................. 278 Overview ................................................... 278 Behavioral Economics ....................................... 279 Libertarian Paternalism .................................... 286 Philosophical Issues in Libertarian Paternalism ............ 293 Conclusions ................................................ 301 Study Questions ............................................ 301 Suggested Readings ......................................... 302 References .................................................... 303 Index ......................................................... 322