Philosophy of mathematics and economics: image, context and perspective

By:

Boylan, Thomas A

Contributor(s):

O'Gorman, Paschal F [Co-author]

Material type: Text

TextSeries: Routledge INEM advances in economic methodology; No. 16Publication details: Routledge 2018 LondonDescription: xii, 242 p. Includes bibliographic references and indexISBN:

9780415161886

Subject(s):

DDC classification:

330.0151 B6P4

Summary: With the failure of economics to predict the recent economic crisis, the image of economics as a rigorous mathematical science has been subjected to increasing interrogation. One explanation for this failure is that the subject took a wrong turn in its historical trajectory, becoming too mathematical. Using the philosophy of mathematics, this unique book re-examines this trajectory. Philosophy of Mathematics and Economics re-analyses the divergent rationales for mathematical economics by some of its principal architects. Yet, it is not limited to simply enhancing our understanding of how economics became an applied mathematical science. The authors also critically evaluate developments in the philosophy of mathematics to expose the inadequacy of aspects of mainstream mathematical economics, as well as exploiting the same philosophy to suggest alternative ways of rigorously formulating an economic theory for our digital age. This book represents an innovative attempt to more fully understand the complexity of the interaction between developments in the philosophy of mathematics and the process of formalisation in economics. Assuming no expert knowledge in the philosophy of mathematics, this work is relevant to historians of economic thought and professional philosophers of economics. In addition, it will be of great interest to those who wish to deepen their appreciation of the economic contours of contemporary society. It is also hoped that mathematical economists will find this work informative and engaging. https://www.routledge.com/Philosophy-of-Mathematics-and-Economics-Image-Context-and-Perspective/Boylan-OGorman/p/book/9780415161886

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Item type	Current library	Collection	Call number	Status	Date due	Barcode	Item holds
Book	Ahmedabad General Stacks	Non-fiction	330.0151 B6P4 (Browse shelf(Opens below))	Available		200929

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Table of Content

Preface
Introduction
Chapter 1 Economics and Mathematics: Image, Context and Development
Chapter 2 Walras’s Programme: The Walras-Poincaré Correspondence Reassessed
Chapter 3 The Formalisation of Economics and Debreu’s Philosophy of Mathematics
Chapter 4 The Axiomatic Method in the Foundations of Mathematics: Implications for Economics
Chapter 5 Hahn and Kaldor on the Neo-Walrasian Formalization of Economics
Chapter 6 Rationality and Conventions in Economics and in Mathematics
Chapter 7 The Emergence of Constructive and Computable Mathematics: New Directions for the Formalization of Economics?
Chapter 8 Economics, Mathematics and Science: Philosophical Reflections
Appendix
Bibliography

With the failure of economics to predict the recent economic crisis, the image of economics as a rigorous mathematical science has been subjected to increasing interrogation. One explanation for this failure is that the subject took a wrong turn in its historical trajectory, becoming too mathematical. Using the philosophy of mathematics, this unique book re-examines this trajectory.
Philosophy of Mathematics and Economics re-analyses the divergent rationales for mathematical economics by some of its principal architects. Yet, it is not limited to simply enhancing our understanding of how economics became an applied mathematical science. The authors also critically evaluate developments in the philosophy of mathematics to expose the inadequacy of aspects of mainstream mathematical economics, as well as exploiting the same philosophy to suggest alternative ways of rigorously formulating an economic theory for our digital age. This book represents an innovative attempt to more fully understand the complexity of the interaction between developments in the philosophy of mathematics and the process of formalisation in economics.
Assuming no expert knowledge in the philosophy of mathematics, this work is relevant to historians of economic thought and professional philosophers of economics. In addition, it will be of great interest to those who wish to deepen their appreciation of the economic contours of contemporary society. It is also hoped that mathematical economists will find this work informative and engaging.

https://www.routledge.com/Philosophy-of-Mathematics-and-Economics-Image-Context-and-Perspective/Boylan-OGorman/p/book/9780415161886

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