Originating from the International Network for Economic Method conference, hosted by the Erasmus Institute for Economics and Philosophy (EIPE) at the Erasmus University Rotterdam in 2013, this book chooses key themes that reflect on fascinating new developments in the philosophy of economics.
Contributions discuss new avenues and debates in important and upcoming areas, such as the philosophy of economic policy making, decision theory, ethics, and new questions in economic methodology. The book offers an excellent insight into cutting edge research in these fields that are about to shape the future of the philosophy of economics. This book was originally published as a special issue of The Journal of Economic Methodology.
Introduction: The future of the philosophy of economics Constanze Binder, Conrad Heilmann and Jack Vromen
Part I: Philosophy of Economic Policy-making
1. Policy-making in developing countries: from prediction to planning Attilia Ruzzene
2. Can an evidential account justify relying on preferences for well-being policy? Gil Hersch
Part II: Decision Theory and Philosophy of Economics
3. Representation theorems and the semantics of decision-theoretic concepts Mikaël Cozic and Brian Hill
4. Rationality and the Bayesian paradigm Itzhak Gilboa
Part III: Ethics and the Philosophy of Economics
5. On the meaning of non-welfarism in Kolm’s ELIE model of income redistribution Jean-Sébastien Gharbi and Yves Meinard
6. Rethinking the ethics of incentives Ruth W. Grant
Part IV: New Questions in Economic Methodology
7. Two approaches to reasoning from evidence or what econometrics can learn from biomedical research Julian Reiss
8. Expertise and institutional design in economic committees Carlo Martini