Journal of Economic Methodology最新文献

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On the epistemic contribution of financial models 论金融模型的认知贡献
IF 1.2 3区 经济学
Journal of Economic Methodology Pub Date : 2023-01-02 DOI: 10.1080/1350178X.2023.2172447
Alexander Mebius
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引用次数: 0
The significance of GDP: a new take on a century-old question GDP的意义:一个百年问题的新诠释
IF 1.2 3区 经济学
Journal of Economic Methodology Pub Date : 2023-01-02 DOI: 10.1080/1350178X.2023.2167228
Shiri Cohen Kaminitz
{"title":"The significance of GDP: a new take on a century-old question","authors":"Shiri Cohen Kaminitz","doi":"10.1080/1350178X.2023.2167228","DOIUrl":"https://doi.org/10.1080/1350178X.2023.2167228","url":null,"abstract":"ABSTRACT What is the significance of GDP per capita to a society? What does it represent conceptually? These questions have been addressed in past decades, engendering extensive explorations of the limitations of the indicator, yet answers have proved problematic or partial. The paper presents the main conclusions so far drawn and builds upon them to present a new reading of the significance of GDP per capita. At the heart of this reading is the view that, while GDP per capita is not indicative of the welfare of individuals, it is indicative of an irreducible ‘group well-being.’ This view, however, requires one to relinquish the belief that only individuals can be ‘well.’ It turns out that the allegedly orthodox view, which sees GDP as a human-centered indicator, requires an unorthodox philosophical standpoint, one that accepts an irreducible group well-being. The paper presents this alternative interpretation and addresses its upsides and limitations.","PeriodicalId":46507,"journal":{"name":"Journal of Economic Methodology","volume":"28 1","pages":"1 - 14"},"PeriodicalIF":1.2,"publicationDate":"2023-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84288258","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The wealth of humans: core, periphery and frontiers of humanomics 人类的财富:人类经济学的核心、边缘与前沿
IF 1.2 3区 经济学
Journal of Economic Methodology Pub Date : 2022-12-28 DOI: 10.1080/1350178X.2022.2160003
P. Silvestri, Benoît Walraevens
{"title":"The wealth of humans: core, periphery and frontiers of humanomics","authors":"P. Silvestri, Benoît Walraevens","doi":"10.1080/1350178X.2022.2160003","DOIUrl":"https://doi.org/10.1080/1350178X.2022.2160003","url":null,"abstract":"ABSTRACT Among the various attempts to re-humanize economics, the ‘humanomics’ proposed by Vernon Smith and Bart Wilson stands out. We contribute to the “humanomics project” by mapping its territory – core, periphery and frontiers – with an eye, also, on future explorations. First, we critically study the core: Smith and Wilson’s interpretation and experimental application of Adam Smith’s ideas on beneficence and injustice. Using the distinction between reciprocal cooperation and reciprocal kindness, we provide a different interpretation of Smith which helps to better understand the difference between exchange and trust, based on mutual advantage, and (reciprocal) beneficence proper. Secondly, we turn to the periphery, going beyond the ‘dichotomous representation of the human personality’ – personal-social/impersonal-economic – and showing other possible worlds: nuances of humans equally worthy of study, such as the personal-economic and the impersonal-social. Thirdly, we argue that the humanomics project should keep its frontiers as open as possible to human diversities and frailties.","PeriodicalId":46507,"journal":{"name":"Journal of Economic Methodology","volume":"44 1","pages":"15 - 33"},"PeriodicalIF":1.2,"publicationDate":"2022-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74147892","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Scientific communities, recent crisis and change in economics: a Kuhnian perspective 科学界,最近的危机和经济学的变化:库恩的观点
IF 1.2 3区 经济学
Journal of Economic Methodology Pub Date : 2022-11-21 DOI: 10.1080/1350178X.2022.2147980
Sergios Tzotzes, D. Milonakis
{"title":"Scientific communities, recent crisis and change in economics: a Kuhnian perspective","authors":"Sergios Tzotzes, D. Milonakis","doi":"10.1080/1350178X.2022.2147980","DOIUrl":"https://doi.org/10.1080/1350178X.2022.2147980","url":null,"abstract":"ABSTRACT Considering Kuhn’s emphasis on the community structure of science, this paper focuses on the scientific community to inquire whether the recent global financial crisis ushered paradigm change in economics. To appraise the nature and the extent of post-crisis change, we examine the methodological constitution of the dominant paradigm identified as New Consensus Macroeconomics, methodological commitments binding paradigm and scientific community, and assess the practice of the community, particularly the treatment of anomalies. Subsequently, an attempt is made to illuminate whether/how sociological and institutional parameters in the community structure of the discipline bear upon prospects of change. Empirically, this research investigates, categorizes and evaluates post-crisis responses and perceptions of the scientific community. The overarching aim is to determine whether economics responded to a major anomaly with critical self-reflection on the adequacy of its methodological toolbox, leading to theory change, and to shed light on institutional aspects influence this process.","PeriodicalId":46507,"journal":{"name":"Journal of Economic Methodology","volume":"3 8 1","pages":"34 - 48"},"PeriodicalIF":1.2,"publicationDate":"2022-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86564034","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Economic theories and their Dueling interpretations 经济理论和他们的决斗解释
IF 1.2 3区 经济学
Journal of Economic Methodology Pub Date : 2022-11-14 DOI: 10.1080/1350178x.2022.2142270
I. Gilboa, Andrew Postlewaite, L. Samuelson, D. Schmeidler
{"title":"Economic theories and their Dueling interpretations","authors":"I. Gilboa, Andrew Postlewaite, L. Samuelson, D. Schmeidler","doi":"10.1080/1350178x.2022.2142270","DOIUrl":"https://doi.org/10.1080/1350178x.2022.2142270","url":null,"abstract":"The interpretation of economic theories varies along several dimensions. First, theories can describe reality, illustrate a recommended state of affairs, or analyze the logical consistency of a possible world. Second, theories can be used for prediction or for explanation. Third, theories can relate to reality in a rule-based or case-based manner. Fourth, theories can be statements about economic reality or about the act of economic reasoning itself. Fifth, theories can offer predictions or merely critique reasoning. We argue that theories are often open to multiple interpretations which can shift depending on the context in which the theory is applied, the surrounding economic literature, and the argument made by the interpreter","PeriodicalId":46507,"journal":{"name":"Journal of Economic Methodology","volume":"7 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72862235","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
What is useful philosophy of economics? 什么是有用的经济学哲学?
IF 1.2 3区 经济学
Journal of Economic Methodology Pub Date : 2022-11-04 DOI: 10.1080/1350178X.2022.2141324
Caterina Marchionni
{"title":"What is useful philosophy of economics?","authors":"Caterina Marchionni","doi":"10.1080/1350178X.2022.2141324","DOIUrl":"https://doi.org/10.1080/1350178X.2022.2141324","url":null,"abstract":"","PeriodicalId":46507,"journal":{"name":"Journal of Economic Methodology","volume":"194 1","pages":"68 - 70"},"PeriodicalIF":1.2,"publicationDate":"2022-11-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75882996","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The usefulness of well-being temporalism 幸福时间论的有用性
IF 1.2 3区 经济学
Journal of Economic Methodology Pub Date : 2022-10-10 DOI: 10.1080/1350178x.2022.2129736
G. Hersch
{"title":"The usefulness of well-being temporalism","authors":"G. Hersch","doi":"10.1080/1350178x.2022.2129736","DOIUrl":"https://doi.org/10.1080/1350178x.2022.2129736","url":null,"abstract":"It is an open question whether well-being ought to primarily be understood as a temporal concept or whether it only makes sense to talk about a person’s well-being over their whole lifetime. In this article, I argue that how this principled philosophical disagreement is settled does not have substantive practical implications for well-being science and well-being policy. Trying to measure lifetime well-being directly is extremely challenging as well as unhelpful for guiding well-being public policy, while temporal well-being is both an adequate indirect measure of lifetime well-being, and an adequate focus for the purposes of improving well-being through public policy. Consequently, even if what we ought to care about is lifetime well-being, we should use temporal measures of well-being and focus on temporal well-being policies.","PeriodicalId":46507,"journal":{"name":"Journal of Economic Methodology","volume":"49 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86465511","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Coasean idealization Coasean理想化
IF 1.2 3区 经济学
Journal of Economic Methodology Pub Date : 2022-10-02 DOI: 10.1080/1350178X.2022.2129734
D. Russell
{"title":"Coasean idealization","authors":"D. Russell","doi":"10.1080/1350178X.2022.2129734","DOIUrl":"https://doi.org/10.1080/1350178X.2022.2129734","url":null,"abstract":"ABSTRACT Idealizations help us understand the world by simplifying it. When factors make discrete contributions to an outcome, leaving factors out can make it easier to identify the contributions of factors that remain. But typically in economics, factors are not discrete but interact; how can isolating some factor X from some factor Y help us understand a reality in which X’s contribution depends on what Y contributes? I argue that Ronald Coase’s method in ‘The Problem of Social Cost’ illustrates how idealization can aid our understanding of a world in which factor Y (transaction costs) has an effect on factor X (transactions), by making plain precisely that effect, and so making it easier to see features of the actual world that obtain because of that effect. ‘Coasean’ idealization is therefore especially useful for understanding targets in which factors are not discrete but interact, as is so often the case in economics.","PeriodicalId":46507,"journal":{"name":"Journal of Economic Methodology","volume":"29 1","pages":"275 - 293"},"PeriodicalIF":1.2,"publicationDate":"2022-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83710934","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Our dynamic being within: Smithian challenges to the new paternalism 我们内在的活力:史密斯对新家长主义的挑战
IF 1.2 3区 经济学
Journal of Economic Methodology Pub Date : 2022-10-02 DOI: 10.1080/1350178X.2022.2145338
Erik W. Matson
{"title":"Our dynamic being within: Smithian challenges to the new paternalism","authors":"Erik W. Matson","doi":"10.1080/1350178X.2022.2145338","DOIUrl":"https://doi.org/10.1080/1350178X.2022.2145338","url":null,"abstract":"ABSTRACT This essay uses concepts from Adam Smith’s The Theory of Moral Sentiments to develop ideas about choice and welfare. I use those ideas to offer several challenges to common approaches to behavioral welfare economics and new paternalist policy making. Drawing on Smith’s dialectical concept of practical reason, which he develops in expositing ideas about self-awareness and self-judgment, I first argue that inconsistency need not be viewed as pathological. Inconsistent choices might indicate legitimate context-dependencies as individuals reflect over disjointed perspectives and act accordingly. Understanding inconsistency as reasonable raises epistemic difficulties for identifying errant choices and designing corrective policies. Second, I draw on Smith’s theory of the impartial spectator to discuss dynamic aspects of welfare. Welfare is not simply a matter of preference satisfaction but involves a sense of progress and improvement towards better preferences. Smith’s account suggests that economists interested in welfare should focus on institutional arrangements that facilitate self-development.","PeriodicalId":46507,"journal":{"name":"Journal of Economic Methodology","volume":"69 1","pages":"309 - 325"},"PeriodicalIF":1.2,"publicationDate":"2022-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89790254","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Crooked thinking or straight talk? Modernizing Epicurean scientific philosophy 歪门邪道还是直言不讳?使伊壁鸠鲁科学哲学现代化
IF 1.2 3区 经济学
Journal of Economic Methodology Pub Date : 2022-09-29 DOI: 10.1080/1350178x.2022.2129540
F. Guala
{"title":"Crooked thinking or straight talk? Modernizing Epicurean scientific philosophy","authors":"F. Guala","doi":"10.1080/1350178x.2022.2129540","DOIUrl":"https://doi.org/10.1080/1350178x.2022.2129540","url":null,"abstract":"","PeriodicalId":46507,"journal":{"name":"Journal of Economic Methodology","volume":"44 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73375413","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
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