Structure, Evidence, and Heuristic: Evolutionary Biology, Economics, and the Philosophy of Their Relationship (Routledge Studies in the Philosophy of Science) - Hardcover

Schulz, Armin W.

Hardcover

ISBN 10: 0367465906 ISBN 13: 9780367465902

Publisher: Routledge, 2020

Synopsis

This book is the first systematic treatment of the philosophy of science underlying evolutionary economics. It does not advocate an evolutionary approach towards economics, but rather assesses the epistemic value of appealing to evolutionary biology in economics more generally.

The author divides work in evolutionary economics into three distinct, albeit related, forms: a structural form, an evidential form, and a heuristic form. He then analyzes five examples of work in evolutionary economics falling under these three forms. For the structural form, he examines the parallelism between natural selection and economic decision making, and the parallelism between natural selection and market competition. For the evidential form, he looks at the relationship between animal and human economic decision making, and the evolutionary explanation of diversity in human economic decision making. Finally, for the heuristic form, he focuses on the plausibility of equilibrium modeling in evolutionary ecology and economics. In this way, he shows that linking evolutionary biology and economics can make for a powerful methodological tool that can enable progress in our understanding of various economics questions.

Structure, Evidence, and Heuristic will be of interest to scholars and advanced students working in philosophy of science, philosophy of social science, evolutionary biology, and economics.

About this title

About the Author

Armin W. Schulz is associate professor of philosophy at the University of Kansas. His research concerns the implications of evolutionary biological considerations for the social and cognitive sciences. He is the author of Efficient Cognition: The Evolution of Representational Decision Making (2018), and over 20 published papers.

Edition details

• Publisher: Routledge
• Publication date: 2020
• Language: English
• ISBN 10: 0367465906
• ISBN 13: 9780367465902
• Binding: Hardcover
• Edition number: 1
• Number of pages: 240