Agency and Causal Explanation in Economics

Agency and Causal Explanation in Economics
Author: Peter Róna
Publisher: Springer Nature
Total Pages: 178
Release: 2019-11-07
Genre: Philosophy
ISBN: 303026114X

This open access book provides an exploration of the consequences of the ontological differences between natural and social objects (sometimes described as objects of nature and objects of thought) in the workings of causal and agency relationships. One of its important and possibly original conclusions is that causal and agency relationships do not encompass all of the dependent relationships encountered in social life. The idea that social reality is contingent has been known (and largely undisputed) at least since Wittgenstein’s “On Certainty”, but social science, and most notably economics has continued to operate on the basis of causal and agency theories borrowed or adapted from the natural sciences. This volume contains essays that retain and justify the partial or qualified use of this approach and essays that totally reject any use of causal and agency theory built on determined facts (closed systems).The rejection is based on the possibly original claim that, whereas causation in the objects of the natural sciences reside in their properties, human action is a matter of intentionality. It engages with critical realist theory and re-examines the role of free will in theories of human action in general and economic theory in particular.

Causal Asymmetries

Causal Asymmetries
Author: Daniel M. Hausman
Publisher: Cambridge University Press
Total Pages: 318
Release: 1998-07-28
Genre: Business & Economics
ISBN: 0521622891

This book, by one of the pre-eminent philosophers of science writing today, offers the most comprehensive account available of causal asymmetries. Causation is asymmetrical in many different ways. Causes precede effects; explanations cite causes not effects. Agents use causes to manipulate their effects; they don't use effects to manipulate their causes. Effects of a common cause are correlated; causes of a common effect are not. This book explains why a relationship that is asymmetrical in one of these regards is asymmetrical in the others. Hausman discovers surprising hidden connections between theories of causation and traces them all to an asymmetry of independence. This is a major book for philosophers of science that will also prove insightful to economists and statisticians.

Agency and Causal Explanation in Economics

Agency and Causal Explanation in Economics
Author: László Zsolnai
Publisher:
Total Pages: 176
Release: 2020-10-08
Genre: Social Science
ISBN: 9781013271632

This open access book provides an exploration of the consequences of the ontological differences between natural and social objects (sometimes described as objects of nature and objects of thought) in the workings of causal and agency relationships. One of its important and possibly original conclusions is that causal and agency relationships do not encompass all of the dependent relationships encountered in social life. The idea that social reality is contingent has been known (and largely undisputed) at least since Wittgenstein's "On Certainty", but social science, and most notably economics has continued to operate on the basis of causal and agency theories borrowed or adapted from the natural sciences. This volume contains essays that retain and justify the partial or qualified use of this approach and essays that totally reject any use of causal and agency theory built on determined facts (closed systems).The rejection is based on the possibly original claim that, whereas causation in the objects of the natural sciences reside in their properties, human action is a matter of intentionality. It engages with critical realist theory and re-examines the role of free will in theories of human action in general and economic theory in particular. This work was published by Saint Philip Street Press pursuant to a Creative Commons license permitting commercial use. All rights not granted by the work's license are retained by the author or authors.

Agency and Causal Explanation in Economics

Agency and Causal Explanation in Economics
Author: Peter Róna
Publisher: Springer
Total Pages: 171
Release: 2020-09-11
Genre: Philosophy
ISBN: 9783030261160

This open access book provides an exploration of the consequences of the ontological differences between natural and social objects (sometimes described as objects of nature and objects of thought) in the workings of causal and agency relationships. One of its important and possibly original conclusions is that causal and agency relationships do not encompass all of the dependent relationships encountered in social life. The idea that social reality is contingent has been known (and largely undisputed) at least since Wittgenstein’s “On Certainty”, but social science, and most notably economics has continued to operate on the basis of causal and agency theories borrowed or adapted from the natural sciences. This volume contains essays that retain and justify the partial or qualified use of this approach and essays that totally reject any use of causal and agency theory built on determined facts (closed systems).The rejection is based on the possibly original claim that, whereas causation in the objects of the natural sciences reside in their properties, human action is a matter of intentionality. It engages with critical realist theory and re-examines the role of free will in theories of human action in general and economic theory in particular.

Making Things Happen

Making Things Happen
Author: James Woodward
Publisher: Oxford University Press
Total Pages: 419
Release: 2005-10-27
Genre: Science
ISBN: 0198035330

In Making Things Happen, James Woodward develops a new and ambitious comprehensive theory of causation and explanation that draws on literature from a variety of disciplines and which applies to a wide variety of claims in science and everyday life. His theory is a manipulationist account, proposing that causal and explanatory relationships are relationships that are potentially exploitable for purposes of manipulation and control. This account has its roots in the commonsense idea that causes are means for bringing about effects; but it also draws on a long tradition of work in experimental design, econometrics, and statistics. Woodward shows how these ideas may be generalized to other areas of science from the social scientific and biomedical contexts for which they were originally designed. He also provides philosophical foundations for the manipulationist approach, drawing out its implications, comparing it with alternative approaches, and defending it from common criticisms. In doing so, he shows how the manipulationist account both illuminates important features of successful causal explanation in the natural and social sciences, and avoids the counterexamples and difficulties that infect alternative approaches, from the deductive-nomological model onwards. Making Things Happen will interest philosophers working in the philosophy of science, the philosophy of social science, and metaphysics, and as well as anyone interested in causation, explanation, and scientific methodology.

Actual Causality

Actual Causality
Author: Joseph Y. Halpern
Publisher: MIT Press
Total Pages: 240
Release: 2016-08-12
Genre: Computers
ISBN: 0262035022

Explores actual causality, and such related notions as degree of responsibility, degree of blame, and causal explanation. The goal is to arrive at a definition of causality that matches our natural language usage and is helpful, for example, to a jury deciding a legal case, a programmer looking for the line of code that cause some software to fail, or an economist trying to determine whether austerity caused a subsequent depression.

The Causal Power of Social Structures

The Causal Power of Social Structures
Author: Dave Elder-Vass
Publisher: Cambridge University Press
Total Pages: 235
Release: 2010-06-17
Genre: Social Science
ISBN: 1139488198

The problem of structure and agency has been the subject of intense debate in the social sciences for over 100 years. This book offers a solution. Using a critical realist version of the theory of emergence, Dave Elder-Vass argues that, instead of ascribing causal significance to an abstract notion of social structure or a monolithic concept of society, we must recognise that it is specific groups of people that have social structural power. Some of these groups are entities with emergent causal powers, distinct from those of human individuals. Yet these powers also depend on the contributions of human individuals, and this book examines the mechanisms through which interactions between human individuals generate the causal powers of some types of social structures. The Causal Power of Social Structures makes particularly important contributions to the theory of human agency and to our understanding of normative institutions.

Teleological Realism

Teleological Realism
Author: Scott Robert Sehon
Publisher: Bradford Books
Total Pages: 272
Release: 2005
Genre: Philosophy
ISBN:

A non-reductionist account of mind and agency claiming that common-sense psychological explanations are teleological and not causal. Using the language of common-sense psychology (CSP), we explain human behavior by citing its reason or purpose, and this is central to our understanding of human beings as agents. On the other hand, since human beings are physical objects, human behavior should also be explicable in the language of physical science, in which causal accounts cast human beings as collections of physical particles. CSP talk of mind and agency, however, does not seem to mesh well with the language of physical science. In Teleological Realism, Scott Sehon argues that CSP explanations are not causal but teleological--that they cite the purpose or goal of the behavior in question rather than an antecedent state that caused the behavior. CSP explanations of behavior, Sehon claims, are answering a question different from that answered by physical science explanations, and, accordingly, CSP explanations and physical science explanations are independent of one another. Common-sense facts about mind and agency can thus be independent of the physical facts about human beings, and, contrary to the views of most philosophers of mind in recent decades, common-sense psychology will not be subsumed by physical science. Sehon defends his non-reductionist account of mind and agency in clear and nontechnical language. He carefully distinguishes his view from forms of "strong naturalism" that would seem to preclude it. And he evaluates key objections to teleological realism, including those posed by Donald Davidson's influential article "Actions, Reasons and Causes" and some put forth by more recent proponents of causal theories of action. CSP, Sehon argues, has a different realm than does physical science; the normative notions that are central to CSP are not reducible to physical facts and laws.

Economics and Social Interaction

Economics and Social Interaction
Author: Benedetto Gui
Publisher: Cambridge University Press
Total Pages: 317
Release: 2005-09-15
Genre: Business & Economics
ISBN: 110732078X

First published in 2005, Economics and Social Interaction is a fresh attempt to overcome the traditional inability of economics to deal with interpersonal phenomena that occur within the sphere of markets and productive organizations. It makes use of traditional economic concepts for understanding interpersonal events, while venturing beyond those concepts to give a better account of personalised interactions. In contrast to other books, Economics and Social Interaction offers the reader a rigorous effort at extending economic analysis to a difficult field in a consistent manner, sensitive to insights from other behavioural and social sciences. This collection represents an important contribution to a growing research agenda in the social sciences.

Realist Social Theory

Realist Social Theory
Author: Margaret Scotford Archer
Publisher: Cambridge University Press
Total Pages: 370
Release: 1995-10-19
Genre: Philosophy
ISBN: 9780521484428

Building on her seminal contribution to social theory in Culture and agency, Margaret Archer develops here her morphogenetic approach, applying it to the problem of structure and agency. Since structure and agency constitute different levels of stratified social reality, each possesses distinctive emergent properties which are real and causally efficacious but irreducible to one another. The problem, therefore, is shown to be how to link the two rather than conflate them, as has been common practice - whether in upwards conflation (by the aggregation of individual acts) downwards conflation (through the structural orchestration of agents), or, more recently, in central conflation which holds the two to be mutually constitutive and thus precludes any examination of their interplay by eliding them. Realist social theory: the morphogenetic approach thus not only rejects methodological individualism and collectivism, but argues that the debate between them has been replaced by a new one between elisionary theorizing (such as Giddens' structuration theory) and the emergentist theories based on a realist ontology of the social world. The morphogenetic approach is the sociological complement of transcendental realism, and together they provide a basis for non-conflationary theorizing which is also of direct utility to the practising social analyst.