The introductory contribution to this special issue on “Political Theory of the Digital Constellation” addresses the conditions and possibilities of political theory’s engagement with digital developments. The motivation for this inquiry is the growing interest in questions of political...

We investigate the implementation of social choice functions (SCFs) from an epistemological perspective. We consider the possibility that in higher-order beliefs there exists an honest agent who is motivated by intrinsic preference for honesty as well as material interest. We assume weak...

Unawareness of the existence of financial products is a significant reason for non-participation in financial products and services in emerging economies. We propose a theoretical framework where households can acquire awareness, thereby enabling them to make an informed choice of whether to own...

This study demonstrates a novel epistemological approach to mechanism design. We consider a type space in which agents are either selfish or honest, and show that a slight possibility of honesty in higher-order beliefs motivates all selfish agents to behave sincerely. Specifically, in our model,...

1. Understanding, Explaining and Knowing -- Part 1: Knowledge as classification, judgment, mensuration -- 2. Problems of Mensuration and Experimentation -- 3. Problems of Measurement and Meaning in Biology -- 4. Psychology Cannot Quantify Its Research, do Experiments, or be Based Upon...

1. Introduction -- Part I An Archeology Of Economic Science: From Physiocrats To Neoclassics -- 2. History Of Sciences And Epistemology -- 3. From Physiocratic School To Neoclassical Economy -- 4. The Different Epistemological Trajectories: From Archeology To Genealogy -- Part II Epistemological...

Der Beitrag zeigt, wie der Gemeinsinn vom bloßen Lückenbüßer in Krisenzeiten zum dynamischen Fundament unserer Wirtschaft und Gesellschaft avancieren kann. Dafür entwickelt und visualisiert die Autorin ein neues Erkenntnisparadigma, das verkrustete ökonomische Denk- und Handlungsweisen...

Economic models translate real problems to an artificial world, and calculate outcomes. The match between artificial worlds populated by rational robots, and the real world, is never assessed. Instead, models are judged on aesthetic grounds, involving conformity to preconceived principles of...

In nine studies, we find that investors intuitively distinguish two independent dimensions of uncertainty: epistemic uncertainty that they attribute to missing knowledge, skill, or information, versus aleatory uncertainty that they attribute to chance or stochastic processes. Investors who view...

Der Beitrag zeigt, wie der Gemeinsinn vom bloßen Lückenbüßer in Krisenzeiten zum dynamischen Fundament unserer Wirtschaft und Gesellschaft avancieren kann. Dafür entwickelt und visualisiert die Autorin ein neues Erkenntnisparadigma, das verkrustete ökonomische Denk- und Handlungsweisen...

Chapter 1: Introduction -- Chapter 2: The history of the conflict: from the Greeks to the Middle Ages -- Chapter 3: The history of the conflict: Descartes, the Enlightenment, and positivism -- Chapter 4: History rewritten: the 20th century constructivist interpretation of classic liberalism --...

Chapter 1. Introduction : Does Economics Deal with the Economic Stuff? Or Is the Economic Stuff Explained by Economics? -- Chapter 2. Metaphysics, Ontology, and Metaphysical Theories -- Chapter 3. Metaphysical Categories -- Chapter 4. The Metaphysics and Ontology of the Economy. Chapter 5. The...

What does it mean for an agent faced with choice under uncertainty to “know” something? While a variety of mathematical methods are available to construct formal models to answer this question, the combination of different approaches may lead to unsettling paradoxes. I propose a unified...

Despite being a key term in institutional economics, the term "institution" seems to be used in various different ways. To what extent is this problematic, given that a shared understanding of key terms among scholars is a necessary condition for scientific progress? We review prominent...

Die aktuellen politischen Debatten um den Klimawandel oder die Corona-Pandemie zeigen die grundlegende Umstrittenheit von Expertise in Politik und Gesellschaft. Die Beiträge dieses Bandes analysieren hierzu verschiedene Facetten, Akteure und Dynamiken der aktuellen Konflikte um Wissen und...