Agency and Causal Explanation in Economics

Agency and Causal Explanation in Economics

Author: Peter Róna

Publisher: Springer Nature

Published: 2019-11-07

Total Pages: 178

ISBN-13: 303026114X

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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.


Agency and Causal Explanation in Economics

Agency and Causal Explanation in Economics

Author: László Zsolnai

Publisher:

Published: 2020-10-08

Total Pages: 176

ISBN-13: 9781013271632

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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

Published: 2020-09-11

Total Pages: 171

ISBN-13: 9783030261160

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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

Published: 1998-07-28

Total Pages: 318

ISBN-13: 0521622891

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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.


Making Things Happen

Making Things Happen

Author: James Woodward

Publisher: Oxford University Press

Published: 2005-10-27

Total Pages: 419

ISBN-13: 0198035330

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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.


The Causal Power of Social Structures

The Causal Power of Social Structures

Author: Dave Elder-Vass

Publisher: Cambridge University Press

Published: 2010-06-17

Total Pages: 235

ISBN-13: 1139488198

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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.


Economics and Social Interaction

Economics and Social Interaction

Author: Benedetto Gui

Publisher: Cambridge University Press

Published: 2005-09-15

Total Pages: 317

ISBN-13: 110732078X

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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.


The Oxford Handbook of Causation

The Oxford Handbook of Causation

Author: Helen Beebee

Publisher: OUP Oxford

Published: 2012-01-12

Total Pages: 816

ISBN-13: 0191629464

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Causation is a central topic in many areas of philosophy. In metaphysics, philosophers want to know what causation is, and how it is related to laws of nature, probability, action, and freedom of the will. In epistemology, philosophers investigate how causal claims can be inferred from statistical data, and how causation is related to perception, knowledge and explanation. In the philosophy of mind, philosophers want to know whether and how the mind can be said to have causal efficacy, and in ethics, whether there is a moral distinction between acts and omissions and whether the moral value of an act can be judged according to its consequences. And causation is a contested concept in other fields of enquiry, such as biology, physics, and the law. This book provides an in-depth and comprehensive overview of these and other topics, as well as the history of the causation debate from the ancient Greeks to the logical empiricists. The chapters provide surveys of contemporary debates, while often also advancing novel and controversial claims; and each includes a comprehensive bibliography and suggestions for further reading. The book is thus the most comprehensive source of information about causation currently available, and will be invaluable for upper-level undergraduates through to professional philosophers.


Teleological Realism

Teleological Realism

Author: Scott Robert Sehon

Publisher: Bradford Books

Published: 2005

Total Pages: 272

ISBN-13:

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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.


Actual Causality

Actual Causality

Author: Joseph Y. Halpern

Publisher: MIT Press

Published: 2016-08-12

Total Pages: 240

ISBN-13: 0262035022

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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.