Philosophical problems of behavioural economics için kapak resmi
Başlık:
Philosophical problems of behavioural economics
Yazar:
Heidl, Stefan, author.
ISBN:
9781138639195
Yazar Ek Girişi:
Fiziksel Tanımlama:
ix, 164 pages ; 23 cm.
Seri:
Routledge INEM advances in economic methodology
İçerik:
Cover; Title; Copyright; Contents; List of tables; Acknowledgements; 1 Introduction; 1.1 Introduction and motivation; 1.2 Behavioural economics; 1.2.1 Models of economic agents; 1.2.2 Behavioural decision research; 1.3 Intertheoretic relations; 1.3.1 Theory reduction; 1.3.2 Non-reductive intertheoretic relations; 1.4 An idealisation-based account; 1.4.1 Philosophical accounts of idealisation; 1.4.2 Deidealising economic theory; 1.5 Summary of the following chapters; 2 The ontological status of economic preferences; 2.1 Behaviouristic versus mentalistic interpretations of preferences. 2.2 The behaviouristic interpretation of preferences2.2.1 Two methodological arguments against the behaviouristic preference concept; 2.3 The mentalistic interpretation of preferences; 2.3.1 Deidealising economic theory based on psychological insights; 2.3.2 Testing hypotheses about mentalistic preferences; 2.4 Conclusions; 3 Selectionist arguments against a deidealisation of economics; 3.1 Selection processes as the object of economic theory; 3.2 The limits of the selectionist interpretation; 3.3 Conclusions; 4 Aggregation and the deidealisation of economic theory. 4.1 Correction as a goal of intertheoretic relations4.2 Investigating the scope of standard economic theory with model-based strategies; 4.2.1 A model of random choice; 4.2.2 The effect of small deviations from rationality; 4.2.3 Determining the influence of rational agents; 4.3 Experimental investigations of the scope of standard economic theory; 4.3.1 Measuring the market-level effect of individual-level biases; 4.3.2 The effect of heterogeneity of the population of agents; 4.4 A comparison of model-based and experimental methods; 4.5 Conclusions. 5 Explanatory autonomy and intertheoretic relations5.1 The idea of an explanatorily independent discipline; 5.2 The economic aspect of the world; 5.3 The explanatory independence of economics; 5.3.1 Psychological presuppositions of economic theory; 5.4 Arguing about the scope of economic theory; 5.4.1 Questioning the normative correctness of the standard theory; 5.4.2 Restricting the scope of economic theory; 5.4.3 Extending the scope of economics; 5.4.4 A theory-based understanding of the scope of economic theory; 5.5 Conclusions; 6 Localising anomalies of economic theory. 6.1 Disconfirming single hypotheses6.1.1 Holism; 6.1.2 Underdetermination and experimental control; 6.2 Isolating critical assumptions of economic theory; 6.2.1 Cooperation in the ultimatum game; 6.2.2 Testing hypotheses about cooperative behaviour; 6.3 The role of psychology in isolating critical assumptions; 6.4 Conclusions; 7 The structure of behavioural economic theories; 7.1 Behavioural economic theories as deidealisations; 7.2 Examples of behavioural economic theories; 7.2.1 Loss aversion; 7.2.2 Inequity-aversion; 7.3 The testability of behavioural economic theories.
Özet:
The goal of behavioural economics is to improve the explanatory and predictive power of economics. This can be achieved by using theoretical and methodological resources of psychology. Its fundamental idea is that the relationship between psychology and economics cannot be subsumed under standard philosophical accounts of intertheoretical relations. Philosophical Problems of Behavioural Economics argues that behavioural economics is best understood as an attempt to deidealize economic theory guided by psychological research. Behavioural economics deconstructs the model of decision-making by adding different elements. Based on this understanding behavioural economics has a number of tasks: first, it has to identify which economic theory needs to be challenged; second it aims to identify factors which need to be modelled within economic theories of choice and modify the theory accordingly; and finally, it has to create models that explain economic phenomena based on the new theory. This book analyses the different stages of this deconstruction process and shows how the scientific disciplines of economics and psychology are connected by it. This volume develops a new account of intertheoretical relations based on the idea of deidealization and thus contributes to debates within the philosophy of social science. It is suitable for those who are interested in or study economic theory and philosophy, economic psychology and philosophy of social science.??
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