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This paper analyses the foundation of utilitarian ethics and theory of probability in the works of Francis Y. Edgeworth. We argue that he pursued an unitary philosophical project, the search for a common epistemological foundation for the social sciences. The common root of the disciplines is...
Persistent link: https://www.econbiz.de/10005824315
The purpose of this article is to demonstrate that Edgeworth’s Mathematical Psychics (1881) has been influenced by various intellectual contemporaries through the ‘Sidgwick-Barratt Controversy’. Under the influence of Barratt, Edgeworth admitted the physical methods of ethics; which is...
Persistent link: https://www.econbiz.de/10005764910
This book presents the history of economic thought as it relates to today’s most pressing problems, and it emphasizes the critical connection that exists between what may seem cold, unrealistic mathematical economic models, and the quality of everyday life of any citizen of the planet earth....
Persistent link: https://www.econbiz.de/10015214334
This paper proposes a general interpretation of Edgworth’s thought based on the recognition of a unitary philosophical project in his contributions to ethics, economics, probability and statistics. This project consists in the search for a common epistemological foundation for the social...
Persistent link: https://www.econbiz.de/10005766478
The paper argues that the canonical dichotomy between cardinal utility and ordinal utility is inadequate to tell the history of utility theory, and that a third form of utility consistent with the so-called classical understanding of measurement should be added to the traditional picture....
Persistent link: https://www.econbiz.de/10014186318
This paper analyses the foundation of utilitarian ethics and theory of probability in the works of Francis Y. Edgeworth. We argue that he pursued an unitary philosophical project, the search for a common epistemological foundation for the social sciences. The common root of the disciplines is...
Persistent link: https://www.econbiz.de/10014053165
Probability theory has a central role in Edgeworth's thought; this paper examines the philosophical foundation of the theory. Starting from a frequentist position, Edgeworth introduced some innovations on the definition of primitive probabilities. He distinguished between primitive probabilities...
Persistent link: https://www.econbiz.de/10014053168
This paper examines how some of the main exponents of the Austrian school of economics addressed the issues related to the measurability of utility. The first part is devoted to the period before World War I. During this period, Menger and Wieser treated de facto utilities as if they were...
Persistent link: https://www.econbiz.de/10014151097
This study is the first of a series of studies, collectively embodying a multiphase mixed methods design. The overall objective of these studies is to explore and address a variety of issues and features of the discipline of economics, particularly as they relate to and represent past present...
Persistent link: https://www.econbiz.de/10015220548
Die fehlende Einbettung der Wirtschaftswissenschaft in die Gesellschaft und ihr soziales Umfeld haben schwerwiegende Folgen. Ein tieferliegendes Verständnis ökonomischer Zusammenhänge ist verloren gegangen, was zu einer mangelnden Analysefähigkeit der Zunft geführt hat. Ein Kandidat für...
Persistent link: https://www.econbiz.de/10011943455