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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
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...
Persistent link: https://www.econbiz.de/10005766456
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 aim of this paper is to ponder upon Marshall’s conception of equilibrium and to confront it withWalras’s. In a first section, I present a rational reconstruction of the Marshallian conception. In contrast to its standard tripartite classification interpretation, I claim that this...
Persistent link: https://www.econbiz.de/10004984759
A través de la reflexión crítica sobre la tensión existente entre el desarrollo del cuerpo del conocimiento económico a imagen de la matemática, se descubre una doble ruptura epistemológica en el desarrollo de la teoría económica. La primera, ocurrida a mediados del siglo XIX, reconoce...
Persistent link: https://www.econbiz.de/10005042181
This article contributes to the explanation of the methodological differences between Cournot and Walras when these authors apply mathematics to economics. Our article explains the reasons behind Cournot’s refusal when Walras required him to write an article, which advocates the application of...
Persistent link: https://www.econbiz.de/10009003042
Poverty was an ubiquitous theme in the literature of the beginning of the 19th century, and its analysis shifted from political or charitable perspectives to embrace a young science, namely the political economy. Stendhal’s example shows how political economy had become the only legitimate...
Persistent link: https://www.econbiz.de/10008831601
The paper shows that cardinal utility entered economic analysis during the Ordinal Revolution initiated by Pareto and not, as many popular histories of utility theory assume, before it. Cardinal utility was the outcome of a discussion begun by Pareto about the capacity of ranking transitions...
Persistent link: https://www.econbiz.de/10011204475
Recent literature on Adam Smith and other 18th-century Scottish thinkers shows an engaged conversation between the Scots and today's scholars in the sciences that deal with humans—social sciences, humanities, as well as neuroscience and evolutionary psychology. We share with the 18th-century...
Persistent link: https://www.econbiz.de/10011592240
This paper proposes an interpretation theoretical model of the Aufbau of Rudolf Carnap, this interpretation contributes to upgrade the project original Carnapian, in the sense of conferring to the constitutional program of construction logical, less committed analytic equipment with an ontology...
Persistent link: https://www.econbiz.de/10013125456