A unificationist defence of revealed preferences

Economics and Philosophy 36 (1):149-169 (2020)
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Abstract

Revealed preference approaches to modelling agents’ choices face two seemingly devastating explanatory objections. The no self-explanation objection imputes a problematic explanatory circularity to revealed preference approaches, while the causal explanation objection argues that, all things equal, a scientific theory should provide causal explanations, but revealed preference approaches decidedly do not. Both objections assume a view of explanation, the constraint-based view, that the revealed preference theorist ought to reject. Instead, the revealed preference theorist should adopt a unificationist account of explanation, allowing her to escape the two explanatory problems discussed in this paper.

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Kate Vredenburgh
London School of Economics

Citations of this work

Decision Theory.Katie Steele & H. Orri Stefánsson - 2012 - In Ed Zalta (ed.), Stanford Encyclopedia of Philosophy. Stanford, CA: Stanford Encyclopedia of Philosophy.
Functionalism and the role of psychology in economics.Christopher Clarke - 2020 - Journal of Economic Methodology 27 (4):292-310.
Preferences.Sven Ove Hansson & Till Grüne-Yanoff - 2008 - Stanford Encyclopedia of Philosophy.

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References found in this work

Studies in the logic of explanation.Carl Gustav Hempel & Paul Oppenheim - 1948 - Philosophy of Science 15 (2):135-175.
Explanation and scientific understanding.Michael Friedman - 1974 - Journal of Philosophy 71 (1):5-19.
Causality: Models, Reasoning and Inference.Judea Pearl - 2000 - Tijdschrift Voor Filosofie 64 (1):201-202.
Laws of nature.Fred I. Dretske - 1977 - Philosophy of Science 44 (2):248-268.

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