Economic Theory and Cognitive Science
By (author) Don Ross
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Economic Theory and Cognitive Science by Don Ross
Book DescriptionIn this study, Don Ross explores the relationship of economics to other branches of behavioral science, asking, in the course of his analysis, under what interpretation economics is a sound empirical science. The book explores the relationships between economic theory and the theoretical foundations of related disciplines that are relevant to the day-to-day work of economics -- the cognitive and behavioral sciences. It asks whether the increasingly sophisticated techniques of microeconomic analysis have revealed any deep empirical regularities -- whether technical improvement represents improvement in any other sense. Casting Daniel Dennett and Kenneth Binmore as its intellectual heroes, the book proposes a comprehensive model of economic theory that, Ross argues, does not supplant, but recovers the core neoclassical insights, and counters the caricaturish conception of neoclassicism so derided by advocates of behavioral or evolutionary economics. Because he approaches his topic from the viewpoint of the philosophy of science, Ross devotes one chapter to the philosophical theory and terminology on which his argument depends and another to related philosophical issues. Two chapters provide the theoretical background in economics, one covering developments in neoclassical microeconomics and the other treating behavioral and experimental economics and evolutionary game theory. The three chapters at the heart of the argument then apply theses from the philosophy of cognitive science to foundational problems for economic theory. In these chapters, economists will find a genuinely new way of thinking about the implications of cognitive science for economics, and cognitive scientists will find in economic behavior, a new testing site for the explanations of cognitive science.
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Book DetailsISBN: 9780262681681
(229mm x 152mm x 19mm)
Imprint: Bradford Books
Publisher: MIT Press Ltd
Publish Date: 2-Mar-2007
Country of Publication: United States
Books By Author Don Ross
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Scientific Metaphysics, Paperback (May 2015)
Original essays by leading philosophers of science explore the question of whether metaphysics can and should be naturalized-conducted as part of natural science. They engage with a range of approaches and disciplines to argue that if metaphysics is to be capable of identifying objective truths, it must be continuous with science.
Philosophy of Economics, Paperback (March 2014)
Don Ross provides a concise and distinct introduction to the philosophy of economics for students in need of a short but engaging study of the main issues in the subject today. Ross offers his own provocative interpretation of the value of economics in science and public policy giving a unique perspective from a world authority.
Development Dilemmas, Paperback (September 2012)» View all books by Don Ross
The new economy is characterized in the developing world by open capital markets and coordinated international regulation - neither of which existed in the colonial period. The situation is here assessed by, amongst others, Joseph Stiglitz, Jean-Jacques Laffont and Daniel Hausman.
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Author Biography - Don Ross
Don Ross is Professor of Economics and Dean of Commerce at the University of Cape Town, and Research Fellow in the Center for Economic Analysis of Risk at Georgia State University. He is the author of Economic Theory and Cognitive Science: Microexplanation (MIT Press, 2005), companion volume to Midbrain Mutiny.
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