1st Edition

Economics and Performativity Exploring Limits, Theories and Cases

By Nicolas Brisset Copyright 2019
310 Pages
by Routledge

310 Pages 15 B/W Illustrations
by Routledge

310 Pages 15 B/W Illustrations
by Routledge

Economists do more than merely describe an external economic world. They shape it in the image of their theories and models. This idea, following the philosophy of language, puts forward that economic theories are performative, and not only descriptive. This idea has become a powerful critique of the scientificity of economics since it removes the idea of an external world against which our... Read more

Acknowledgments.  Introduction.  Part I: The Performativist Approach.  Introduction to Part I.  Chapter 1 From language to device: How economics makes shapes the world.  Chapter 2 The theory of performativity: a double remoteness.  Chapter 3 Criticisms of the sociological approach to performativityConclusion to part I.  Part II: A Conventionalist Approach to Performativity.  Introduction to Part II.  Chapter 4 Changing perspective: performativity, institutional fact and convention.  Chapter 5 An ontological focus.  Conclusion to part II.  Part III: Three Scenes of Performativity.  Introduction to Part III.  Chapter 6 Performativity and empiricity: rationality and liberal paternalism.  Chapter 7 Performativity and self-fulfillment: the case of the Black-Scholes-Merton equations.  Chapter 8 A conventional limit to performativity: the example of organ trade.  Conclusion to part III.  General ConclusionBibliography.  Index

Biography

Nicolas Brisset is an associate professor at the Université Côte d’Azur (GREDEG-CNRS), France, and an associate member of the Centre Walras-Pareto of the University of Lausanne, Switzerland. His areas of specialization are the philosophy of social sciences, history of economic thought and economic sociology. More precisely, his research focus on three issues: the interaction between economic theories and social reality; the history of economic thought under the Vichy regime; and the limits of commodification.

"All in all, the book is an important attempt to systematically reconsider the theoretical foundations of performativity and to think through the implications of the conventionalist approach. It fits nicely with some contemporary suggestions to enrich the perspective on performativity by merging it with broader macro-sociological and political economy concerns." -- Ivan Boldyrev, Journal of Economic Methodology

"All in all, Brisset’s attempt to set up conditions for his performativity approach is truly creative, and I believe it makes a substantial contribution to the future of social science studies" - Noriaki Okamoto, Oeconomia