{"title":"The Profit Paradox: How Thriving Firms Threaten the Future of Work, Jan Eeckhout. Princeton, NJ: Princeton University Press, 2021, viii + 327 pages.","authors":"Joaquín Paseyro Mayol, Edoardo Peruzzi","doi":"10.1017/s0266267123000044","DOIUrl":"https://doi.org/10.1017/s0266267123000044","url":null,"abstract":"","PeriodicalId":51643,"journal":{"name":"Economics and Philosophy","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2023-03-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41850116","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Theory and Credibility, Scott Ashworth, Christopher Berry and Ethan Buena de Mesquito. Princeton University Press, 2021, 280 pages.","authors":"K. Sankaran","doi":"10.1017/s0266267123000056","DOIUrl":"https://doi.org/10.1017/s0266267123000056","url":null,"abstract":"","PeriodicalId":51643,"journal":{"name":"Economics and Philosophy","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2023-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46630773","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"J.S. Mill and market harms: a response to Endörfer","authors":"Ben Saunders","doi":"10.1017/s026626712300010x","DOIUrl":"https://doi.org/10.1017/s026626712300010x","url":null,"abstract":"\u0000 Endörfer has recently argued that proponents of the harm principle are wrong to exempt market harms as potential justifications for state interference. I argue that – contrary to suggestions in Endörfer’s article – John Stuart Mill did not exempt market harms from his harm principle. On Mill’s view, the state can (as a matter of principle) legitimately interfere with free markets to prevent market harms where they occur but, on the whole, it is better policy not to interfere. Mill’s general preference for free trade rests on utilitarian considerations and not on his harm principle, which does not exclude market harms.","PeriodicalId":51643,"journal":{"name":"Economics and Philosophy","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2023-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42025189","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Being Good in a World of Need, Larry S. Temkin. Oxford University Press, 2022, 432 pages.","authors":"Marcos Picchio","doi":"10.1017/s0266267123000111","DOIUrl":"https://doi.org/10.1017/s0266267123000111","url":null,"abstract":"","PeriodicalId":51643,"journal":{"name":"Economics and Philosophy","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2023-03-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43113628","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Cogs and Monsters: What Economics Is, and What It Should Be, Diane Coyle. Princeton University Press, 2021, 257 pages.","authors":"Jack Wright","doi":"10.1017/s0266267122000359","DOIUrl":"https://doi.org/10.1017/s0266267122000359","url":null,"abstract":"","PeriodicalId":51643,"journal":{"name":"Economics and Philosophy","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2023-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43831329","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The hierarchy in economics and its implications","authors":"Jack Wright","doi":"10.1017/s0266267123000032","DOIUrl":"https://doi.org/10.1017/s0266267123000032","url":null,"abstract":"\u0000 This paper argues for two propositions. (I) Large asymmetries of power, status and influence exist between economists. These asymmetries constitute a hierarchy that is steeper than it could be and steeper than hierarchies in other disciplines. (II) This situation has potentially significant epistemic consequences. I collect data on the social organization of economics to show (I). I then argue that the hierarchy in economics heightens conservative selection biases, restricts criticism between economists and disincentivizes the development of novel research. These factors together constrain economics’ capacity to develop new beliefs and reduce the likelihood that its outputs will be true.","PeriodicalId":51643,"journal":{"name":"Economics and Philosophy","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2023-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44877861","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"EAP volume 39 issue 1 Cover and Front matter","authors":"","doi":"10.1017/s0266267123000135","DOIUrl":"https://doi.org/10.1017/s0266267123000135","url":null,"abstract":"","PeriodicalId":51643,"journal":{"name":"Economics and Philosophy","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49505334","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Rational updating at the crossroads","authors":"S. Milano, A. Perea","doi":"10.1017/s0266267122000360","DOIUrl":"https://doi.org/10.1017/s0266267122000360","url":null,"abstract":"\u0000 In this paper we explore the absentminded driver problem using two different scenarios. In the first scenario we assume that the driver is capable of reasoning about his degree of absentmindedness before he hits the highway. This leads to a Savage-style model where the states are mutually exclusive and the act-state independence is in place. In the second we employ centred possibilities, by modelling the states (i.e. the events about which the driver is uncertain) as the possible final destinations indexed by a time period. The optimal probability we find for continuing at an exit is different from almost all papers in the literature. In this scenario, act-state independence is still violated, but states are mutually exclusive and the driver arrives at his optimal choice probability via Bayesian updating. We show that our solution is the only one guaranteeing immunity from sure loss via a Dutch strategy, and that – despite initial appearances – it is time consistent. This raises important implications for the rationality of commitment in such scenarios.","PeriodicalId":51643,"journal":{"name":"Economics and Philosophy","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2023-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"56914497","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Description invariance: a rational principle for human agents","authors":"Sarah A. Fisher","doi":"10.1017/s0266267123000019","DOIUrl":"https://doi.org/10.1017/s0266267123000019","url":null,"abstract":"\u0000 This article refines a foundational tenet of rational choice theory known as the principle of description invariance. Attempts to apply this principle to human agents with imperfect knowledge have paid insufficient attention to two aspects: first, agents’ epistemic situations, i.e. whether and when they recognize alternative descriptions of an object to be equivalent; and second, the individuation of objects of description, i.e. whether and when objects count as the same or different. An important consequence is that many apparent ‘framing effects’ may not violate the principle of description invariance, and the subjects of these effects may not be irrational.","PeriodicalId":51643,"journal":{"name":"Economics and Philosophy","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2023-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42604572","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}