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Identity, Capabilities, and Changing Economics

Author: John B. Davis

Publisher: Cambridge University Press

Published: 2024-02

Total Pages: 303

ISBN-13: 1009438239

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Mainstream economics assumes economic agents act and make decisions to maximize their utility. This model of economic behavior, based on rational choice theory, has come under increasing attack in economics because it does not accurately reflect the way people behave and reason. The shift towards a more realistic account of economic agents has been mostly associated with the rise of behavioral economics, which views individuals through the lens of bounded rationality. Identity, Capabilities, and Changing Economics goes further and uses identity analysis to build on this critique of the utility conception of individuals, arguing it should be replaced by a conception of economic agents in an uncertain world as socially embedded and identified with their capabilities. Written by one of the world's leading philosophers of economics, the book develops a new approach to economics' theory of the individual, explaining individuals as adaptive and reflexive rather than utility maximizing.

Book Synopsis Identity, Capabilities, and Changing Economics by : John B. Davis

Download or read book Identity, Capabilities, and Changing Economics written by John B. Davis and published by Cambridge University Press. This book was released on 2024-02 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mainstream economics assumes economic agents act and make decisions to maximize their utility. This model of economic behavior, based on rational choice theory, has come under increasing attack in economics because it does not accurately reflect the way people behave and reason. The shift towards a more realistic account of economic agents has been mostly associated with the rise of behavioral economics, which views individuals through the lens of bounded rationality. Identity, Capabilities, and Changing Economics goes further and uses identity analysis to build on this critique of the utility conception of individuals, arguing it should be replaced by a conception of economic agents in an uncertain world as socially embedded and identified with their capabilities. Written by one of the world's leading philosophers of economics, the book develops a new approach to economics' theory of the individual, explaining individuals as adaptive and reflexive rather than utility maximizing.

Identity, Capabilities, and Changing Economics

Author: John B. Davis

Publisher: Cambridge University Press

Published: 2024-01-31

Total Pages: 478

ISBN-13: 1009438271

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Book Synopsis Identity, Capabilities, and Changing Economics by : John B. Davis

Download or read book Identity, Capabilities, and Changing Economics written by John B. Davis and published by Cambridge University Press. This book was released on 2024-01-31 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mainstream economics assumes economic agents act and make decisions to maximize their utility. This model of economic behavior, based on rational choice theory, has come under increasing attack in economics because it does not accurately reflect the way people behave and reason. The shift towards a more realistic account of economic agents has been mostly associated with the rise of behavioral economics, which views individuals through the lens of bounded rationality. Identity, Capabilities, and Changing Economics goes further and uses identity analysis to build on this critique of the utility conception of individuals, arguing it should be replaced by a conception of economic agents in an uncertain world as socially embedded and identified with their capabilities. Written by one of the world's leading philosophers of economics, the book develops a new approach to economics' theory of the individual, explaining individuals as adaptive and reflexive rather than utility maximizing.

Individuals and Identity in Economics

Author: John B. Davis

Publisher: Cambridge University Press

Published: 2010-09-30

Total Pages: 271

ISBN-13: 1139495461

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This book examines the different conceptions of the individual that have emerged in recent new approaches in economics, including behavioral economics, experimental economics, social preferences approaches, game theory, neuroeconomics, evolutionary and complexity economics, and the capability approach. These conceptions are classified according to whether they seek to revise the traditional atomist individual conception, put new emphasis on interaction and relations between individuals, account for individuals as evolving and self-organizing, and explain individuals in terms of capabilities. The method of analysis uses two identity criteria for distinguishing and re-identifying individuals to determine whether these different individual conceptions successfully identify individuals. Successful individual conceptions account for sub-personal and supra-personal bounds on single individual explanations. The former concerns the fragmentation of individuals into multiple selves; the latter concerns the dissolution of individuals into the social. The book develops an understanding of bounded individuality, seen as central to the defense of human rights.

Book Synopsis Individuals and Identity in Economics by : John B. Davis

Download or read book Individuals and Identity in Economics written by John B. Davis and published by Cambridge University Press. This book was released on 2010-09-30 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the different conceptions of the individual that have emerged in recent new approaches in economics, including behavioral economics, experimental economics, social preferences approaches, game theory, neuroeconomics, evolutionary and complexity economics, and the capability approach. These conceptions are classified according to whether they seek to revise the traditional atomist individual conception, put new emphasis on interaction and relations between individuals, account for individuals as evolving and self-organizing, and explain individuals in terms of capabilities. The method of analysis uses two identity criteria for distinguishing and re-identifying individuals to determine whether these different individual conceptions successfully identify individuals. Successful individual conceptions account for sub-personal and supra-personal bounds on single individual explanations. The former concerns the fragmentation of individuals into multiple selves; the latter concerns the dissolution of individuals into the social. The book develops an understanding of bounded individuality, seen as central to the defense of human rights.

Individuals and Identity in Economics

Author: John B. Davis

Publisher: Cambridge University Press

Published: 2010-09-30

Total Pages: 270

ISBN-13: 9780521173537

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Book Synopsis Individuals and Identity in Economics by : John B. Davis

Download or read book Individuals and Identity in Economics written by John B. Davis and published by Cambridge University Press. This book was released on 2010-09-30 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the different conceptions of the individual that have emerged in recent new approaches in economics, including behavioral economics, experimental economics, social preferences approaches, game theory, neuroeconomics, evolutionary and complexity economics, and the capability approach. These conceptions are classified according to whether they seek to revise the traditional atomist individual conception, put new emphasis on interaction and relations between individuals, account for individuals as evolving and self-organizing, and explain individuals in terms of capabilities. The method of analysis uses two identity criteria for distinguishing and re-identifying individuals to determine whether these different individual conceptions successfully identify individuals. Successful individual conceptions account for sub-personal and supra-personal bounds on single individual explanations. The former concerns the fragmentation of individuals into multiple selves; the latter concerns the dissolution of individuals into the social. The book develops an understanding of bounded individuality, seen as central to the defense of human rights.

History, Methodology and Identity for a 21st Century Social Economics

Author: Wilfred Dolfsma

Publisher: Routledge

Published: 2019-05-28

Total Pages: 261

ISBN-13: 042957536X

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This book seeks to advance social economic analysis, economic methodology, and the history of economic thought in the context of twenty-first-century scholarship and socio-economic concerns. Bringing together carefully selected chapters by leading scholars it examines the central contributions that John Davis has made to various areas of scholarship. In recent decades, criticisms of mainstream economics have rekindled interest in a number of areas of scholarly inquiry that were frequently ignored by mainstream economic theory and practice during the second half of the twentieth century, including social economics, economic methodology and history of economic thought. This book contributes to a growing literature on the revival of these areas of scholarship and highlights the pivotal role that John Davis’s work has played in the ongoing revival. Together, the international panel of contributors show how Davis’s insights in complexity theory, identity, and stratification are key to understanding a reconfigured economic methodology. They also reveal that Davis’s willingness to draw from multiple academic disciplines gives us a platform for interrogating mainstream economics and provides the basis for a humane yet scientific alternative. This unique volume will be essential reading for advanced students and researchers across social economics, history of economic thought, economic methodology, political economy and philosophy of social science.

Book Synopsis History, Methodology and Identity for a 21st Century Social Economics by : Wilfred Dolfsma

Download or read book History, Methodology and Identity for a 21st Century Social Economics written by Wilfred Dolfsma and published by Routledge. This book was released on 2019-05-28 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book seeks to advance social economic analysis, economic methodology, and the history of economic thought in the context of twenty-first-century scholarship and socio-economic concerns. Bringing together carefully selected chapters by leading scholars it examines the central contributions that John Davis has made to various areas of scholarship. In recent decades, criticisms of mainstream economics have rekindled interest in a number of areas of scholarly inquiry that were frequently ignored by mainstream economic theory and practice during the second half of the twentieth century, including social economics, economic methodology and history of economic thought. This book contributes to a growing literature on the revival of these areas of scholarship and highlights the pivotal role that John Davis’s work has played in the ongoing revival. Together, the international panel of contributors show how Davis’s insights in complexity theory, identity, and stratification are key to understanding a reconfigured economic methodology. They also reveal that Davis’s willingness to draw from multiple academic disciplines gives us a platform for interrogating mainstream economics and provides the basis for a humane yet scientific alternative. This unique volume will be essential reading for advanced students and researchers across social economics, history of economic thought, economic methodology, political economy and philosophy of social science.

Words, Objects and Events in Economics

Author: Peter Róna

Publisher: Springer Nature

Published: 2020-09-03

Total Pages: 236

ISBN-13: 3030526739

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This open access book examines from a variety of perspectives the disappearance of moral content and ethical judgment from the models employed in the formulation of modern economic theory, and some of the papers contain important proposals about how moral judgment could be reintroduced in economic theory. The chapters collected in this volume result from the favorable reception of the first volume of the Virtues in Economics series and represent further contributions to the themes set out in that volume: (i) examining the philosophical and methodological fallacies of this turn in modern economic theory that the removal of the moral motivation of economic agents from modern economic theory has entailed; and (ii) proposing a return descriptive economics as the means with which the moral content of economic life could be restored in economic theory. This book is of interest to researchers and students of the methodology of economics, ethics, philosophers concerned with agency and economists who build economic models that rest in the intention of the agent.

Book Synopsis Words, Objects and Events in Economics by : Peter Róna

Download or read book Words, Objects and Events in Economics written by Peter Róna and published by Springer Nature. This book was released on 2020-09-03 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book examines from a variety of perspectives the disappearance of moral content and ethical judgment from the models employed in the formulation of modern economic theory, and some of the papers contain important proposals about how moral judgment could be reintroduced in economic theory. The chapters collected in this volume result from the favorable reception of the first volume of the Virtues in Economics series and represent further contributions to the themes set out in that volume: (i) examining the philosophical and methodological fallacies of this turn in modern economic theory that the removal of the moral motivation of economic agents from modern economic theory has entailed; and (ii) proposing a return descriptive economics as the means with which the moral content of economic life could be restored in economic theory. This book is of interest to researchers and students of the methodology of economics, ethics, philosophers concerned with agency and economists who build economic models that rest in the intention of the agent.

Identity Economics

Author: Meral Uzunöz Altan

Publisher: Taylor & Francis

Published: 2024-07-08

Total Pages: 197

ISBN-13: 1040088074

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Critics contend that identity economics overemphasizes social identities as drivers of economic activity, potentially obscuring other elements including personal preferences, incentives, and market pressures. Identity-related notions are challenging to measure and quantify meaningfully and rigorously, which is one of the most common criticisms. Identity economics has long been debated by economic scientists and practitioners, but it is still considered to be in its infancy, which also draws attention to the absence of a clear consensus and solid empirical support. This book fills that gap by providing an in-depth analysis of the main claims made in favour of identity economics. It explores the reliability of identity-based explanations, the difficulties with measurement and quantification, concerns about overgeneralization and essentialism, the function of economic institutions, policy implications, a lack of agreement and empirical evidence, and considerations of intersectionality and multidimensionality. The book considers three interrelated aims. Firstly, it familiarizes readers with the concept of Identity Economics. Secondly, and essentially, it persuades a larger audience of the relevance and creativity of this sector, and thirdly, it advocates for the applicability of the approach to the field of knowledge. The focus of the examination centres around these three objectives. Few would argue that identity impacts our decisions but given that solid theory is predicated on good abstraction, the real question is whether we lose anything by excluding identity from the theory. The book skilfully weaves together the literature from several disciplines including regional, gender, labour, social areas of studies, thus academics, students, and researchers in these fields will find the individual contributions useful for their respective areas of study.

Book Synopsis Identity Economics by : Meral Uzunöz Altan

Download or read book Identity Economics written by Meral Uzunöz Altan and published by Taylor & Francis. This book was released on 2024-07-08 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Critics contend that identity economics overemphasizes social identities as drivers of economic activity, potentially obscuring other elements including personal preferences, incentives, and market pressures. Identity-related notions are challenging to measure and quantify meaningfully and rigorously, which is one of the most common criticisms. Identity economics has long been debated by economic scientists and practitioners, but it is still considered to be in its infancy, which also draws attention to the absence of a clear consensus and solid empirical support. This book fills that gap by providing an in-depth analysis of the main claims made in favour of identity economics. It explores the reliability of identity-based explanations, the difficulties with measurement and quantification, concerns about overgeneralization and essentialism, the function of economic institutions, policy implications, a lack of agreement and empirical evidence, and considerations of intersectionality and multidimensionality. The book considers three interrelated aims. Firstly, it familiarizes readers with the concept of Identity Economics. Secondly, and essentially, it persuades a larger audience of the relevance and creativity of this sector, and thirdly, it advocates for the applicability of the approach to the field of knowledge. The focus of the examination centres around these three objectives. Few would argue that identity impacts our decisions but given that solid theory is predicated on good abstraction, the real question is whether we lose anything by excluding identity from the theory. The book skilfully weaves together the literature from several disciplines including regional, gender, labour, social areas of studies, thus academics, students, and researchers in these fields will find the individual contributions useful for their respective areas of study.

Worker Identity, Agency and Economic Development

Author: Elizabeth Hill

Publisher: Routledge

Published: 2010-07-02

Total Pages: 225

ISBN-13: 1136954287

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More than nine out of every ten working women in India are employed in the informal economy, unprotected by labour laws and excluded from basic forms of social security. They work as daily labourers in the fields, small producers and industrial outworkers in their own homes and as vendors on the streets. These workers typically receive very low wages and experience extreme forms of social, economic and political marginalisation. This book examines what types of interventions can improve the well-being of women working in the Indian informal economy. Using the case study of the Self Employed Women’s Association, Worker Identity, Agency and Economic Development argues that work-life reform for informal women workers has moral and social dimensions, as well as economic. Drawing on the work of social philosopher Axel Honneth, the book argues that worker agency is critical to the process of work-life reform in the informal economy. Using empirical data collected amongst SEWA members the study shows that there is a positive and developmental relationship between a worker’s identity, or psychological integrity, and her actual capacity to engage in the political economy for constructive change. The study shows that membership based organisations can promote the social foundations of recognition and respect that are critical to identity and agency, as well as provide worker’s with real opportunities to develop alternative non-exploitative economic institutions that deliver improved wages and social security. But in organizing informal workers for collective action the existing distribution of power and wealth, as well as gender privilege are challenged. The result is social conflict and sometimes violence. Conflict of this nature is endemic to the development process, but is often overlooked in development literature and policy design. The book will be of interest to development scholars and practitioners, as well as those interested in the dynamics of women’s empowerment and socio-economic change for informal economy workers.

Book Synopsis Worker Identity, Agency and Economic Development by : Elizabeth Hill

Download or read book Worker Identity, Agency and Economic Development written by Elizabeth Hill and published by Routledge. This book was released on 2010-07-02 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: More than nine out of every ten working women in India are employed in the informal economy, unprotected by labour laws and excluded from basic forms of social security. They work as daily labourers in the fields, small producers and industrial outworkers in their own homes and as vendors on the streets. These workers typically receive very low wages and experience extreme forms of social, economic and political marginalisation. This book examines what types of interventions can improve the well-being of women working in the Indian informal economy. Using the case study of the Self Employed Women’s Association, Worker Identity, Agency and Economic Development argues that work-life reform for informal women workers has moral and social dimensions, as well as economic. Drawing on the work of social philosopher Axel Honneth, the book argues that worker agency is critical to the process of work-life reform in the informal economy. Using empirical data collected amongst SEWA members the study shows that there is a positive and developmental relationship between a worker’s identity, or psychological integrity, and her actual capacity to engage in the political economy for constructive change. The study shows that membership based organisations can promote the social foundations of recognition and respect that are critical to identity and agency, as well as provide worker’s with real opportunities to develop alternative non-exploitative economic institutions that deliver improved wages and social security. But in organizing informal workers for collective action the existing distribution of power and wealth, as well as gender privilege are challenged. The result is social conflict and sometimes violence. Conflict of this nature is endemic to the development process, but is often overlooked in development literature and policy design. The book will be of interest to development scholars and practitioners, as well as those interested in the dynamics of women’s empowerment and socio-economic change for informal economy workers.

Identity Change and Foreign Policy

Author: Linus Hagstrom

Publisher: Routledge

Published: 2015-10-05

Total Pages: 177

ISBN-13: 1317394852

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Identity has become an explicit focus of International Relations theory in the past two to three decades, with one case attracting and puzzling many early identity scholars: Japan. These constructivist scholars typically ascribed Japan a ‘pacifist’ or ‘antimilitarist’ identity – an identity which they believed was constructed through the adherence to ‘peaceful norms’ and ‘antimilitarist culture’. Due to the alleged resilience of such adherences, little change in Japan’s identity and its international relations was predicted. However, in recent years, Japan’s foreign and security policies have begun to change, in spite of these seemingly stable norms and culture. This book seeks to address these changes through a pioneering engagement with recent developments in identity theory. In particular, most chapters theorize identity as a product of processes of differentiation. Through detailed case analysis, they argue that Japan’s identity is produced and reproduced, but also transformed, through the drawing of boundaries between ‘self’ and ‘other’. In particular, they stress the role of emotions and identity entrepreneurs as catalysts for identity change. With the current balance between resilience and change, contributors emphasize that more drastic foreign and security policy transformations might loom just beyond the horizon. This book was originally published as a special issue of The Pacific Review.

Book Synopsis Identity Change and Foreign Policy by : Linus Hagstrom

Download or read book Identity Change and Foreign Policy written by Linus Hagstrom and published by Routledge. This book was released on 2015-10-05 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identity has become an explicit focus of International Relations theory in the past two to three decades, with one case attracting and puzzling many early identity scholars: Japan. These constructivist scholars typically ascribed Japan a ‘pacifist’ or ‘antimilitarist’ identity – an identity which they believed was constructed through the adherence to ‘peaceful norms’ and ‘antimilitarist culture’. Due to the alleged resilience of such adherences, little change in Japan’s identity and its international relations was predicted. However, in recent years, Japan’s foreign and security policies have begun to change, in spite of these seemingly stable norms and culture. This book seeks to address these changes through a pioneering engagement with recent developments in identity theory. In particular, most chapters theorize identity as a product of processes of differentiation. Through detailed case analysis, they argue that Japan’s identity is produced and reproduced, but also transformed, through the drawing of boundaries between ‘self’ and ‘other’. In particular, they stress the role of emotions and identity entrepreneurs as catalysts for identity change. With the current balance between resilience and change, contributors emphasize that more drastic foreign and security policy transformations might loom just beyond the horizon. This book was originally published as a special issue of The Pacific Review.

Relearning to E-learn

Author: M. S. Bowles

Publisher: Academic Monographs

Published: 2004

Total Pages: 210

ISBN-13: 0522851266

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Examines the issue of how people communicate and learn in the electronic environment. It explores many of the problems associated with the newness of e-learning and the diverse approaches to e- learning adopted by the academic, government, corporate and community sectors.

Book Synopsis Relearning to E-learn by : M. S. Bowles

Download or read book Relearning to E-learn written by M. S. Bowles and published by Academic Monographs. This book was released on 2004 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the issue of how people communicate and learn in the electronic environment. It explores many of the problems associated with the newness of e-learning and the diverse approaches to e- learning adopted by the academic, government, corporate and community sectors.