Notes

The examination of human cognitive limitations and their implications for economics owes much to the pioneering work of Simon (1945). See Hands (2001, esp. pp. 151-155) for a methodologically oriented discussion. 2. The issue of funding of scientific activity is not given top billing here - not because it is not important, but because, at this level of generality, it is a (logically) secondary problem. The (sometimes perverse) effects of particular funding regimes on science itself should be...

The Necessity Of Defoundation

Historical Context (From Metaphysics to Pragmatism) The most influential incarnation of the traditional metaphysical way of conceptualizing the law has been the idea of natural law. For over two thousand years this concept has played a central role in shaping Western legal thought and institutions. Even though the notion of natural law has undergone important changes, and various versions have coexisted over the centuries, their common ground, the assumption of an eternal and immutable...

The Bioeconomics Of The Ehmg As Adaptive Units Morality And Group Selection Theory

Origins of Morality Institutions and Group Selection Theory Thus far, we have not addressed the question of the origins of institutions and how the origins of institutions is related to a theory of EHMG. Biologist Richard Alexander (1987, p. 1) has provided a biological theory of the origins of moral systems Moral systems are societies with rules. Rules are agreements or understanding about what is permitted and what is not, about what rewards and punishments are likely for specific acts,...

Methodological Empirical And Diagnostic Payoffs

Characterizing science and market as different implementations of adaptive classifying systems is one thing showing how this might be a useful and fruitful conceptual base from which to increase our understanding of social systems generally is quite another. But, for the idea to be taken seriously, it obviously needs to be done. Although treating potential applications in anything like reasonable detail is beyond the scope of this paper (to say nothing about getting ahead of actual work done),...