Philosophy of Economics [electronic resource] /
Ross, D.author.
Don Ross provides a concise and distinct introduction to the philosophy of economics for students in need of a short but engaging study of the main issues in the subject today. Ross offers his own provocative interpretation of the value of economics in science and public policy giving a unique perspective from a world authority.
Description based upon print version of record.
Cover; Half-Title ; Title; Copyright; Dedication; Contents; List of Figures; Preface and Acknowledgments; Series Editor's Preface; List of Acronyms; 1 Philosophy of Economics as Philosophy of Science; 1.1 What is philosophy of science for?; 1.2 The metaphysical context of economics; 1.3 Economics and its neighbors: psychology and sociology; 2 Economics and Its Neighbors before 1980; 2.1 The pedagogy of economics versus better philosophy of economics; 2.2 Marginalism; 2.3 Subjective value and decision theory; 2.4 After the marginalist revolution: economists retreat from psychology
2.5 Ordinalism2.6 Revealed preference; 2.7 Economic theory, general equilibrium and welfare analysis; 2.8 A note on macroeconomics; 3 The Expansion of the Economic Toolbox; 3.1 The information age; 3.2 The collapse of the Samuelsonian synthesis; 3.3 The call for microfoundations of macroeconomics; 3.4 Methodological individualism; 3.5 Game theory; 3.6 Solving games; 3.7 Expected utility and risk preferences; 3.8 Equilibria and subjective probability; 3.9 Institutions and information asymmetry; 3.10 Institutions and coordination; 3.11 Institutions and commitment; 3.12 Experimentation
3.13 A note on econometrics and computational tools4 How Economics and Psychology Diff er; 4.1 Back to Jevons?; 4.2 The rise of cognitive science and the eclipse of behaviorism; 4.3 Biases, frames and prospects; 4.4 Frugal heuristics; 4.5 Preference construction; 4.6 Architectures and mechanisms for bounded rationality: neuroeconomics; 4.7 Intertemporal preference stability; 4.8 Ecological rationality, externalism and the intentional stance; 4.9 Neo-Samuelsonian economics summarized; 5 Economics as a Social Science; 5.1 The metaphysics of economic aggregation; 5.2 Business cycles
5.3 The two driving forces of economic dynamics5.4 Unifying economics and sociology; 5.5 Team reasoning and conditional games; 5.6 Descriptive anti-individualism and normative individualism; References; Index
Includes bibliographical references and index.
Don Ross provides a concise and distinct introduction to the philosophy of economics for students in need of a short but engaging study of the main issues in the subject today. Ross offers his own provocative interpretation of the value of economics in science and public policy giving a unique perspective from a world authority.
Social sciences
Economic theory.
Genetic epistemology.
Consciousness.
Social sciences-Philosophy.
Philosophy of the Social Sciences.
Organizational Studies, Economic Sociology.
Economic Theory/Quantitative Economics/Mathematical Methods.
Epistemology.
Personality and Social Psychology.
Social Philosophy.