Realist philosophy of economics

EPUB and EPDF available Open Access under CC-BY-NC-ND licence. Economic theory relies heavily on the idea of rational action, but how are we to understand the empirical content of rational choice when we can only observe the outcome, not what goes into making the choice? With contributions from Alan...

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Bibliographic Details
Main Author: Mittermaier, Karl
Format: eBook
Language:English
Published: Bristol Bristol University Press 2023, 2023
Subjects:
Online Access:
Collection: JSTOR Open Access Books - Collection details see MPG.ReNa
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505 0 |a Foreword -- Isabella MittermaierExtended Preface: A Realistic Attitude to the Economy -- Alan KirmanPrologue: Mittermaier's Conceptual Framework -- Rod O'Donnell1. Institutions and the Empirical Content of Economics2. Ex Post and Ex Ante Facts3. Structure and Equilibrium 4. Rational Action5. Variant Conceptions of Preferences6. The Genetic Understanding and Institutions 
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520 |a EPUB and EPDF available Open Access under CC-BY-NC-ND licence. Economic theory relies heavily on the idea of rational action, but how are we to understand the empirical content of rational choice when we can only observe the outcome, not what goes into making the choice? With contributions from Alan Kirman and Rod O'Donnell, Karl Mittermaier's posthumously published work establishes a new conceptual framework that will enable economic theorists to forge new paths of empirical analysis. Introducing readers to the work of a profound thinker who was not recognized in his lifetime, this book, featuring previously unpublished material, is poised to become a seminal text in the philosophy of social sciences