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  • 1
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    Cambridge : Cambridge University Press
    Economics and philosophy 11 (1995), S. 309-331 
    ISSN: 0266-2671
    Source: Cambridge Journals Digital Archives
    Topics: Philosophy , Economics
    Notes: In his book A General Theory of Exploitation and Class (1982) (hereafter GT), John Roemer employs the tools of mainstream general equilibrium and game-theoretic analysis to develop a fundamental critique and broadbased reformulation of Marxian economic theory. Perhaps Roemer's most striking departure from traditional Marxian tenets lies in his explanation of the material basis of exploitation in capitalist economies. Roemer argues that capitalist exploitation must be understood as essentially the consequence of exchange given differential ownership of relatively scarce productive assets (DORSPA). In particular, Roemer concludes that capitalist exploitation does not fundamentally depend on capitalist domination of production, or what Marx termed the subsumption of labor under capital.
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  • 2
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    Cambridge : Cambridge University Press
    Economics and philosophy 11 (1995), S. 333-343 
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    Topics: Philosophy , Economics
    Notes: The prisoner 's dilemma game (henceforth, PD) has acquired large literatures in several disciplines. It is surprising, therefore, that a good definition of the game is hard to find. Typically an author relates a story about captured criminals or military rivals, provides a particular payoff matrix and asserts that the PD is characterized, or illustrated, by that matrix. In the few cases in which characterizing conditions are given, the conditions, and the motivations for them, do not always agree with each other or with the paradigm examples elsewhere. In this paper we describe several varieties of PD's. In particular, we suggest there are two distinctions among PD's with philosophical significance, the pure/impure and the utilitarian/nonutilitarian distinctions. In the first section, we explain and characterize the two distinctions. In the second, we discuss an issue of moral philosophy that illustrates the significance of the former.
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  • 3
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    Cambridge : Cambridge University Press
    Economics and philosophy 11 (1995), S. 353-358 
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    Topics: Philosophy , Economics
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  • 4
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    Economics and philosophy 11 (1995), S. 344-351 
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    Topics: Philosophy , Economics
    Notes: In his Comment ‘Adam Smith on the Morality of the Pursuit of Fortune’, Richard Arlen Kleer accepts much of the argument in my article ‘Signifying Voices’ (Brown, 1991) but insists that I have ‘gone too far’ (Kleer, 1993). Kleer agrees that there is a moral hierarchy in Adam Smith's Theory of Moral Sentiments (TMS) where benevolence and self-command are ranked higher than justice and prudence, but he is uneasy with the conclusion that economic activity and the pursuit of gain are ‘amoral’ activities and insists that they do have a significant moral standing. In addition, although Kleer accepts a good deal of the stylistic analysis, again he is uneasy with the results that are derived from it. This reply will take each of these aspects in turn.
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  • 5
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    Cambridge : Cambridge University Press
    Economics and philosophy 11 (1995), S. 359-366 
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    Topics: Philosophy , Economics
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  • 6
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    Cambridge : Cambridge University Press
    Economics and philosophy 11 (1995), S. 366-370 
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  • 7
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    Cambridge : Cambridge University Press
    Economics and philosophy 11 (1995), S. 401-402 
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  • 8
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    Economics and philosophy 11 (1995), S. 386-391 
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  • 9
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    Economics and philosophy 11 (1995), S. 85-112 
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    Topics: Philosophy , Economics
    Notes: Difficult moral issues in economic life, such as evaluating the impact of hostile takeovers and plant relocations or determining the obligations of business to the environment, constitute the raison d'etre of business ethics. Yet, while the ultimate resolution of such issues clearly requires detailed, normative analysis, a shortcoming of business ethics is that to date it has failed to develop an adequate normative theory.1 The failing is especially acute when it results in an inability to provide a basis for fine-grained analyses of issues. Both general moral theories and stakeholder theory seem incapable of expressing the moral complexity necessary to provide practical normative guidance for many business ethics contexts.
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  • 10
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    Cambridge : Cambridge University Press
    Economics and philosophy 11 (1995), S. 182-189 
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  • 11
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    Economics and philosophy 11 (1995), S. 113-136 
    ISSN: 0266-2671
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    Topics: Philosophy , Economics
    Notes: Most philosophical accounts of the foundations of economics have assumed that economics is intended to be an empirical science concerned with human behaviour, though they have, of course, differed over the extent to which it has been or can be successful as such an enterprise. A prominent source of dissent against this consensus is Alexander Rosenberg. In his recent book, Rosenberg summarizes and completes his statement of a position that he has been developing for some time (Rosenberg, 1992a). He argues that although economists evaluate one another's work according to shared and rigorous standards of adequacy, these standards are strictly internal, like those of mathematics, instead of being derived from discoveries about contingent relationships between theoretical statements and empirical facts. Economics, that is to say, is essentially conceptual rather than empirical inquiry. In the following discussion, I will provide grounds for resisting Rosenberg's conclusion. The point of this criticism, however, is not mainly negative. Most of the historical preoccupations of the philosophy of economics, like those of the philosophy of science in general, have been epistemological. Careful attention to Rosenberg's argument, however, redirects our attention to ontological questions about the objects of economics, and this redirection, I will maintain, is to be welcomed. I will argue that while the majority of philosophers of economics is correct, as against Rosenberg, in regarding economics as an empirical science, the conventional view as to the identity of its empirical objects should be substantially revised under the pressure of Rosenberg's criticisms. My critical analysis of the implications of Rosenberg's work for the ontological commitments of economics is intended to furnish one line of argument towards my own conception of the objects of economics. This conception, which is still preliminary in many respects, will be briefly sketched toward the end of the present paper; a detailed account of it is given in Ross and LaCasse (1993).
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  • 12
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    Economics and philosophy 11 (1995), S. 197-203 
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  • 13
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    Economics and philosophy 11 (1995), S. 203-208 
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  • 14
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    Economics and philosophy 11 (1995), S. 208-216 
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  • 15
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    Economics and philosophy 11 (1995), S. 216-220 
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  • 16
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    Economics and philosophy 11 (1995), S. 221-224 
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  • 17
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    Economics and philosophy 11 (1995), S. 225-226 
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  • 18
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    Econometric theory 11 (1995), S. 641-642 
    ISSN: 0266-4666
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    Topics: Economics
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  • 19
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    Econometric theory 11 (1995), S. 1095-1130 
    ISSN: 0266-4666
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    Topics: Economics
    Notes: A limit theory for instrumental variables (IV) estimation that allows for possibly nonstationary processes was developed in Kitamura and Phillips (1992, Fully Modified IV, GIVE, and GMM Estimation with Possibly Non-stationary Regressors and Instruments, mimeo, Yale University). This theory covers a case that is important for practitioners, where the nonstationarity of the regressors may not be of full rank, and shows that the fully modified (FM) regression procedure of Phillips and Hansen (1990) is still applicable. FM. versions of the generalized method of moments (GMM) estimator and the generalized instrumental variables estimator (GIVE) were also developed, and these estimators (FM-GMM and FM-GIVE) were designed specifically to take advantage of potential stationarity in the regressors (or unknown linear combinations of them). These estimators were shown to deliver efficiency gains over FM-IV in the estimation of the stationary components of a model.This paper provides an overview of the FM-IV, FM-GMM, and FM-GIVE procedures and investigates the small sample properties of these estimation procedures by simulations. We compare the following five estimation methods: ordinary least squares, crude (conventional) IV, FM-IV, FM-GMM, and FM-GIVE. Our findings are as follows, (i) In terms of overall performance in both stationary and nonstationary cases, FM-IV is more concentrated and better centered than OLS and crude IV, though it has a higher root mean square error than crude IV due to occasional outliers, (ii) Among FM-IV, FM-GMM, and FM-GIVE, (a) when applied to the stationary coefficients, FM-GIVE generally outperforms FM-IV and FM-GMM by a wide margin, whereas the difference between the latter two is quite small when the AR roots of the stationary processes are rather large; and (b) when applied to the nonstationary coefficients, the three estimators are numerically very close. The performance of the FM-GIVE estimator is generally very encouraging.
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  • 20
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    Econometric theory 11 (1995), S. 1179-1180 
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    Topics: Economics
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  • 21
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    Econometric theory 11 (1995), S. 796-796 
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  • 22
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    Econometric theory 11 (1995), S. 798-800 
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  • 23
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    Econometric theory 11 (1995), S. 484-497 
    ISSN: 0266-4666
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    Topics: Economics
    Notes: This paper is devoted to a detailed examination of the exact sampling properties of the instrumental variables (IV) estimator of the vector of coefficients on the exogenous variables in a single structural equation. The first two moments of a linear combination of the elements of this estimator and the joint distribution of these elements are considered. Estimable bounds for the first moment that can readily be incorporated into any IV estimation package are provided. The results obtained are in terms of the same special functions as those that characterize other results for this model, allowing a unified treatment of the model.
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  • 24
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    Econometric theory 11 (1995), S. 437-483 
    ISSN: 0266-4666
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    Topics: Economics
    Notes: In this article, we investigate a bias in an asymptotic expansion of the simulated maximum likelihood estimator introduced by Lerman and Manski (pp. 305–319 in C. Manski and D. McFadden (eds.), Structural Analysis of Discrete Data with Econometric Applications, Cambridge: MIT Press, 1981) for the estimation of discrete choice models. This bias occurs due to the nonlinearity of the derivatives of the log likelihood function and the statistically independent simulation errors of the choice probabilities across observations. This bias can be the dominating bias in an asymptotic expansion of the simulated maximum likelihood estimator when the number of simulated random variables per observation does not increase at least as fast as the sample size. The properly normalized simulated maximum likelihood estimator even has an asymptotic bias in its limiting distribution if the number of simulated random variables increases only as fast as the square root of the sample size. A bias-adjustment is introduced that can reduce the bias. Some Monte Carlo experiments have demonstrated the usefulness of the bias-adjustment procedure.
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    Econometric theory 11 (1995), S. 550-559 
    ISSN: 0266-4666
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    Topics: Economics
    Notes: In this comment, I first want to offer a few general remarks on the problems caused by nonuniformity in the convergence of coverage probabilities as pointed out in Kabaila's (1995) very stimulating paper. Second, I also argue that within the context of set estimation after model selection one typically will be more interested in conditional coverage probabilities than in unconditional ones. Concentrating on the last example of Section 2 in Kabaila, I then illustrate how a confidence region can be constructed such that the conditional coverage probabilities do not suffer from the nonuniformity problem discussed in Kabaila. As a by-product, I show that the confidence region considered in this example in Kabaila is not a very natural one and that it has undesirable conditional coverage properties, which I find actually more troublesome than the lack of uniformity in the unconditional coverage probability pointed out by Kabaila.
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    Econometric theory 11 (1995), S. 631-635 
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    Econometric theory 11 (1995), S. 639-639 
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    Econometric theory 11 (1995), S. 646-646 
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    Econometric theory 11 (1995), S. 638-639 
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    Econometric theory 11 (1995), S. 642-646 
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    Econometric theory 11 (1995), S. 648-653 
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    Econometric theory 11 (1995), S. 653-654 
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    Econometric theory 11 (1995), S. 1-7 
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    Econometric theory 11 (1995), S. 912-951 
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    Topics: Economics
    Notes: This paper provides a robust statistical approach to nonstationary time series regression and inference. Fully modified extensions of traditional robust statistical procedures are developed that allow for endogeneities in the nonstationary regressors and serial dependence in the shocks that drive the regressors and the errors that appear in the equation being estimated. The suggested estimators involve semiparametric corrections to accommodate these possibilities, and they belong to the same family as the fully modified least-squares (FM-OLS) estimator of Phillips and Hansen (1990, Review of Economic Studies 57,99–125). Specific attention is given to fully modified least absolute deviation (FM-LAD) estimation and fully modified M (FM-M) estimation. The criterion function for LAD and some M-estimators is not always smooth, and this paper develops generalized function methods to cope with this difficulty in the asymptotics. The results given here include a strong law of large numbers and some weak convergence theory for partial sums of generalized functions of random variables. The limit distribution theory for FM-LAD and FM-M estimators that is developed includes the case of finite variance errors and the case of heavytailed (infinite variance) errors. Some simulations and a brief empirical illustration are reported.
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    Econometric theory 11 (1995), S. 1033-1094 
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    Topics: Economics
    Notes: The paper develops a statistical theory for regressions with integrated regressors of unknown order and unknown cointegrating dimension. In practice, we are often unsure whether unit roots or cointegration is present in time series data, and we are also uncertain about the order of integration in some cases. This paper addresses issues of estimation and inference in cases of such uncertainty. Phillips (1995, Econometrica 63, 1023–1078) developed a theory for time series regressions with an unknown mixture of 1(0) and 1(1) variables and established that the method of fully modified ordinary least squares (FM-OLS) is applicable to models (including vector autoregressions) with some unit roots and unknown cointegrating rank. This paper extends these results to models that contain some I(0), I(1), and I(2) regressors. The theory and methods here are applicable to cointegrating regressions that include unknown numbers of I(0), I(1), and I(2) variables and an unknown degree of cointegration. Such models require a somewhat different approach than that of Phillips (1995). The paper proposes a residual-based fully modified ordinary least-squares (RBFMOLS) procedure, which employs residuals from a first-order autoregression of the first differences of the entire regressor set in the construction of the FMOLS estimator. The asymptotic theory for the RBFM-OLS estimator is developed and is shown to be normal for all the stationary coefficients and mixed normal for all the nonstationary coefficients. Under Gaussian assumptions, estimation of the cointegration space by RBFM-OLS is optimal even though the dimension of the space is unknown.
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    Econometric theory 11 (1995), S. 1176-1176 
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    Econometric theory 11 (1995), S. 1178-1178 
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    Econometric theory 11 (1995), S. 1182-1185 
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    Econometric theory 11 (1995), S. 671-698 
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    Topics: Economics
    Notes: This paper considers a nonparametric conditional moment test of stability of an econometric model against the alternative of instability. The alternative hypothesis allows for more than one structural change, although in this case it has to be fairly smooth. This complements existing results for stability in a parametric setting. Also, it is shown that the test is always consistent, unlike the available “parametric” tests, which normally rely on the assumption of a correct specification of the model, at least under the null hypothesis of no structural instability. Moreover, we show that the test has local power comparable to the parametric ones; that is, its asymptotic efficiency is greater than zero. A Monte Carlo experiment about the performance of our test is described.
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    Econometric theory 11 (1995), S. 775-793 
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    Econometric theory 11 (1995), S. 796-796 
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    Econometric theory 11 (1995), S. 800-802 
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    Econometric theory 11 (1995), S. 805-807 
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    Econometric theory 11 (1995), S. 403-436 
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    Notes: This paper develops the asymptotic theory for least absolute deviation estimation of a shift in linear regressions. Rates of convergence and asymptotic distributions for the estimated regression parameters and the estimated shift point are derived. The asymptotic theory is developed both for fixed magnitude of shift and for shift with magnitude converging to zero as the sample size increases. Asymptotic distributions are also obtained for trending regressors and for dependent disturbances. The analysis is carried out in the framework of partial structural change, allowing some parameters not to be influenced by the shift. Efficiency relative to least-squares estimation is also discussed. Monte Carlo analysis is performed to assess how informative the asymptotic distributions are.
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    Econometric theory 11 (1995), S. 530-536 
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    Topics: Economics
    Notes: The definition of causation, discussed in Granger (1980) and elsewhere, has been widely applied in economics and in other disciplines. For this definition, a series yt is said to cause xt+l if it contains information about the forecastability for xt+l contained nowhere else in some large information set, which includes xt−j, j ≥ 0. However, it would be convenient to think of causality being different in extent or direction at seasonal or low frequencies, say, than at other frequencies. The fact that a stationary series is effectively the (uncountably infinite) sum of uncorrelated components, each of which is associated with a single frequency, or a narrow frequency band, introduces the possibility that the full causal relationship can be decomposed by frequency. This is known as the Wiener decomposition or the spectral decomposition of the series, as discussed by Hannan (1970). For any series [...] generated by [...], where xt, and [...] are both stationary, with finite variances and a(B) is a backward filter[...]with B the backward operator, there is a simple, well-known relationship between the spectral decompositions of the two series.
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    Econometric theory 11 (1995), S. 597-624 
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    Econometric theory 11 (1995), S. 637-638 
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    Econometric theory 11 (1995), S. 371-383 
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    Econometric theory 11 (1995), S. 399-400 
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    Econometric theory 11 (1995), S. 400-400 
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    Econometric theory 11 (1995), S. 386-388 
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    Econometric theory 11 (1995), S. 389-391 
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    Econometric theory 11 (1995), S. 392-397 
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    Econometric theory 11 (1995), S. 402-402 
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    Notes: In the solution to Problem 93.2.3 by Paolo Paruolo, γ* ≡ (β, ,Ik)′ should be replaced by γ* ≡ (βí,I*)′ throughout the text; the same change should be made for [...]*; γ should be replaced by γ* in the second line and two lines before the references; “left-hand side” should be “right-hand side” in the second line after (4); “column” should be replaced by “row” in the last line before the references. Finally, reference \1] is Preprint 1992.2, Institute of Mathematical Statistics, University of Copenhagen; submitted to Econometric Theory.
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    Econometric theory 11 (1995), S. 1-24 
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    Notes: This paper considers the properties of systems likelihood procedures for cointegrated systems when the I(2) variables are present. Two alternative methods are proposed: one is based on the full system likelihood, whereas another is based on the subsystem likelihood. By eliminating all unit roots in the system by the use of prior information concerning the presence of unit roots, these procedures yield estimates whose asymptotic distributions are mixed normal, free from nuisance parameters, and median-unbiased. Both methods are extensions of a full system maximum likelihood procedure by Phillips (1991a) to I(2) models. Three cases of cointegration with I(2) variables are considered in order to cover a wide variety of cointegration relationships. A triangular ECM representation and the two ML estimates are derived for each case, and the asymptotics are discussed as well. The asymptotic efficiency concerning the two estimates are considered.
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    Econometric theory 11 (1995), S. 151-189 
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    Notes: The asymptotic behavior of the sample paths of two popular statistics that test market efficiency are investigated when markets learn to have rational expectations. Two cases are investigated, where, should markets start out at a rational expectations equilibrium, both statistics would asymptotically generate standard Brownian motions. In a first case, where agents are Bayesian and payoffs exogenous, the statistics have identical sample paths, but they are not standard Brownian motions. Whereas the finite-dimensional distributions are Gaussian, there may be a bias if agents' initial beliefs differ. A second case is considered, where payoffs are in part endogenous, yet agents consider them to be drawn from a stationary, exogenous distribution, which they attempt to learn in a frequentist way. In that case, one statistic behaves as if the economy were at a rational expectations equilibrium from the beginning on. The other statistic has sample paths with substantially non-Gaussian finite-dimensional distributions. Moreover, there is a negative bias. The behavior of the two statistics in the second case matches remarkably well the empirical results in an investigation of the prices of six foreign currency contracts over the period 1973–1990.
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    Modern Asian studies 29 (1995), S. 1-16 
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    Modern Asian studies 29 (1995), S. 765-794 
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    Notes: A social problem in one country may often be held up as an example to others, but it is rare for it to bring forth an internationally coordinated response with a world-wide application. One of these rarities is the campaign against ‘hard’ drugs. While liquor laws differ widely from country to country, the modern system of laws against cocaine and the opiates have been established by international convention. These arrangements evolved out of the measures taken to help imperial China with its opium problem, which was regarded, at least in part, as a foreign responsibility arising out of the vast quantities of Indian opium which had been imported by foreigners into China throughout the nineteenth century, often in questionable circumstances. The behaviour of the opium merchants and their governments seemed all the more reprehensible because of the encouragement which it gave to the Chinese to break their own government's laws against opium smoking and poppy cultivation. The first International Opium Commission met in Shanghai in 1909 and passed a number of resolutions to help China; it also laid down principles of co-operation between producing and consuming countries which tended logically to expand in scope and force, leading to a global system of control of all narcotic substances, and to the institutionalization of these arrangements under the League and the United Nations.
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    Modern Asian studies 29 (1995), S. 893-927 
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    Notes: During an evening's conversation in September of 1989 in Hyderabad, two educated men: onea retired professor of economics, the other a civil servant whose avocation was lexicography, entered into a spirited and lengthy debate over the proper way of translating ‘fundamentalist’ into Urdu. The lexicographer argued that ‘bunyād-parast (lit: one who loves the basics)’ was the most accurate as it conveyed not only the English meaning, but also the reality of what a fundamentalist Muslim believed. In opposition, the economist held that ‘mullah-yī (lit: like a mullah)’ was culturally more correct. The ‘foundation’ implied by bunyad was not specifically religious. It could apply to the fundamentals of anything: grammar, for example. In addition, he argued that what fundamentalists really did was to dress, act and talk like mullahs. In a sense, both were correct, because each was struggling over the transfer of a notion alien to traditional Islam into the vocabulary of a living language through which Muslims interact.
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    Modern Asian studies 29 (1995), S. 705-740 
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    Notes: The purpose of this study is to shed light on an aspect of seventeenth century Anglo-Dutch relations that has hitherto been virtually neglected: the rivalry over the Banda Islands. I will point out how economic antagonism between England and the Dutch Republic, a topic that as a rule is mainly regarded in a European context, also erupted in the East-Indian sphere of expansion, even in remote areas such as Banda. Unlike in Europe, in Asia conflicting economic interests immediately and repeatedly resulted in open violence. This was stopped in 1619 by a treaty of cooperation that paradoxically enabled the Dutch to establish themselves even more firmly in these islands, and in the Indonesian Archipelago as a whole, in a way detrimental to the English.
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    Modern Asian studies 29 (1995), S. 655-703 
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    Notes: In 1920, Sikhs in the Punjab started a campaign aimed at freeing their principal gurdwaras (temples) from the control of their hereditary incumbents. The campaign quickly gathered momentum, and, within a few months, it developed into a non-violent anti-government movement. Unlike the rather shortlived 1919 Disturbances and the Non-Cooperation-Khilafat movement in the Punjab, the Sikh agitation, which came to be known as the Akali movement, did not cease until 1925 and caused considerable concern to the Punjab authorities, as well as the Government of India. The Akali movement was not limited, as in past cases of anti-British agitation involving the Sikhs, to small groups of disaffected Sikhs, returned emigrants, or Congress sympathizers; at its height in 1922, the unrest encompassed the bulk of central Punjab's Jat Sikh peasantry, one of the most militarized sections of Punjabi society. The Sikh community's martial traditions, fostered by their religious doctrines and culture, had been kept alive during British rule by the recruitment policies of the Indian Army, where, in 1920, one in every fourteen adult male Sikhs in the Punjab was in service. This meant that the abiding allegiance of the Sikh community to the Raj was a matter of considerable importance, and their estrangement, especially that of the Jat Sikh peasantry, would adversely affect the Sikh regiments of the Indian Army. It also meant that if the community as a whole was provoked into open rebellion, British hold on the Punjab could well nigh prove untenable.
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    Modern Asian studies 26 (1992), S. 507-544 
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    Notes: Ever since its occurrence, the ‘Manchurian Incident’ of September 1931 has been interpreted, by both Japanese and non-Japanese writers, as a crucial event in modern Japanese and, indeed, world history. Not least, it has been identified as the beginning of Japan's ‘fifteen-year war’. Whether or not such judgements are accepted, it must be recognized that the Manchurian Incident and subsequent events significantly affected the workings of Japanese politics in the 1930s, the relationship between civil and military authorities and Japan's international image in the years leading up to the Pacific War.
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    Modern Asian studies 26 (1992), S. 1-2 
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    Modern Asian studies 26 (1992), S. 679-700 
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    Notes: The basic administrative unit in the Spanish Philippines was the pueblo or municipal township. The pueblo encompassed both settled and unsettled districts within its geographical boundaries. The town centre Known as the población was the largest single residential zone within the municipality but was surrounded by smaller satellite communities. Beyond these areas of settlement were the sparsely populated regions of swamp, forest, plain or mountain. Size varied enormously both in geographical extent and population density from a few hundred families clustered in a single village or barangay in frontier areas to many tens of thousands of persons spread over a number of settlements in the lowland provinces of Luzon and the central Visayas.2 The administrative boundaries of one pueblo, however, bordered upon another so that all areas under Spanish suzerainty fell within one or other of these municipalities.
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    Modern Asian studies 26 (1992), S. 763-790 
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    Notes: This paper attempts to examine Śrīnivāsdās's Parīksāguru ‘Experience is the only teacher’ (1882) generally considered to be the first novel in Hindi,as a novel which draws its subject matter from the extravagant life-styles of the traditional Hindu elites, the rich Hindu bankers and traders, rather than from the peculiar traits of the middle class as is generally asscrted by Hindi scholars.
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    Modern Asian studies 26 (1992), S. 31-47 
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    Notes: AbstractMigration from the countryside to urban provincial centres and capital cities is a major reason why rural communities in southeast Asia suffer extensively from acute poverty and ill health. In Thailand, as elsewhere, it is principally the young and able who move to the cities in search of jobs, and whose departure impoverishes even more their home communities. The Thai Sangha has traditionally accommodated this pattern of migration by providing educational opportunities for those who ordain at an early age, but in recent years a variety of schemes has enabled monks to learn secular skills which equip them to become ‘practitioners of development’ in their home regions. This training has gone hand in hand with attempts by leading scholar monks to reformulate Buddhist teaching to emphasize the importance of living in self-reliant communities which are alert to the most up-to-date scientific information available on health care and environmental protection.
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    Modern Asian studies 26 (1992), S. 591-608 
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    Notes: Kang Sheng—a veteran counter-intelligence official and close political ally of Mao Zedong's—is said to have remarked in the winter of 1959 that among the critics of the Great Leap Forward (GLF) there was ‘One soldier’ and ‘One civilian’ whose criticisms were ‘in close harmony’. The soldier was Peng Dehuai, China's Minister of Defence, who had clashed with Mao at the Lushan Conference that summer, and whose criticism of the GLF had subsequently been denounced by the Chinese Communist Party (CCP) Central Committee as an ‘attempt at splitting the Party´ and ‘a ferocious assault on the Party Center and Comrade Mao Zedong's leadership’. The civilian was Yang Xianzhen, the President of the Central Party School, who had aroused Kang's wrath by condemning the GLF as hopelessly Utopian, and by claiming that it already had brought on starvation and might yet bring about the collapse of the CCP.
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    Modern Asian studies 26 (1992), S. 815-853 
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    Notes: Indian newspapers and academic journals assault their readers with stories of large-scale communal violence and of the communalization of India's political institutions. These stories are frequently accompanied by pious editorials which enact the well-known Indian ritual of paying lip-service to the concept of ‘secularism’. Secularism is one question on which intellectuals have made common cause with social workers and politicians, joining them in meetings and seminars, even participating in the peace marches which are commonly organized in the aftermath of communal riots. There have even been occasions in which individuals who are known to have been involved, directly or otherwise, in communal battles, have participated in these rites of secularism.
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    Modern Asian studies 26 (1992), S. 1-2 
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    Modern Asian studies 26 (1992), S. 495-506 
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    Notes: With the current and continuing collapse of marxist-stalinist structures occurring in the eastern part of our European world and the ensuing debate now circulating about personal cultship and the mythologies surrounding it, I feel I must congratulate the convenor of this 1990 Oxford Trinity College lecture programme for the title he chose to bestow upon the small part I am responsible for discussing.
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    Modern Asian studies 26 (1992), S. 569-589 
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    Notes: In June 1930, units of the 10th Red Army, which had been formed in northeastern Jiangxi by Fang Zhimin and Shao Shiping, entered the ancient porcelain town of Jingdezhen. The capture of the town brought the modern revolutionary politics of the Chines Communits Party (CCP) into contact with the local government and trades union organizations of a conservative, traditionally-minded town. Jingdezhen remained under the influence of the Red Army from 1930 until the strategic withdrawal from the Northeast Jiangxi Soviet in 1933 which was the forerunner of the complete withdrawal from the Jiangxi base areas and the Long March. There is ample information on the organization of the N.E. Jiangxi Soviet base and its best-known leader, Fang Zhimin, but most studies concentrate on the political structure of the Soviet government, the career and personality of Fang and the peasant milieu in which the Soviet emerged.1 Jingdezhen was not a peasant society or a major city: it was an intermediate small town world with part of the population permanently resident and many seasonal workers from the rural areas who provided a link with peasant communities.
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    Modern Asian studies 26 (1992), S. 634-639 
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    Modern Asian studies 26 (1992), S. 275-287 
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    Notes: The modern state is interventionist, and planning is an effective means to ascertain its control over the entire social process. As an operational tool, planning seems formidable to structure the role of the state in accordance with its ideological underpinning. Therefore, not only is planning as an instrument tuned to economic regeneration, it is inextricably tied to the regime's political preference as well. The aim here is not to argue for a deterministic network between planning and the ideological slant of the regime and its leadership and viceversa, but to show the complex interdependence which entails, at the same time, an interplay of various pulls and pressures in a rapidly changing social fabric. Colonial India provides us with a political system embedded in both the age-old and primordial value system and various other cultural influences which, inter alia reflected the system's absorption of alien value preferences. This obviously was not a smooth process, for India which drew on loyalties based on primordial ties strove to absorb new stimuli which had their roots in a completely different socio-political and economic environment; the result being tension among those presiding over the destiny of the country which had its reflection in the political discourse of the day. By concentrating on planning which, among other things, strove to transform India from a traditional to a modern society, the paper seeks to explain the difficulty facing the Congress stalwarts, Jawaharlal Nehru and Subhas Chandra Bose in particular, despite their confidence in planning as the only instrument to rejuvenate India after the British withdrawal.
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    Modern Asian studies 26 (1992), S. 1-4 
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    Modern Asian studies 26 (1992), S. 157-197 
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    Notes: The spring month of Māgh heralds festivals, pilgrimages and popular rituals in the north Indian countryside. In 1872, the small village Bhaini, in Ludhiana district, was the scene of feverish activity. Participants in a millenarian community popularly known as Kukas had collected there in connection with the spring festivities on the 11 and 12 of January. They had, however, very little to celebrate. In the past four months nine of their numbers had been hanged by the colonial authorities on charges of attacking slaughter houses and killing butchers, others had been imprisoned, and many more were subjected to increasing surveillance and restrictions. British officials nervously shifted their views of the Kukas. Earlier seen as religious reformers within the Sikh tradition, they were now deemed to be political rebels. As those present felt heavily suspect in the eyes of the administration, the atmosphere at Bhaini must have been tense and unnerving.
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    Modern Asian studies 26 (1992), S. 205-206 
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    Economics and philosophy 8 (1992), S. 1-2 
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    Economics and philosophy 8 (1992), S. 1-4 
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    Notes: In a conflict between two people, one person wants one thing and the other wants something else and they think they can't both have what they want. Suppose that what they want can only be the outcome of some joint action. Adam must do either y or z and Eve either y' or z' – here y-and-y' would be one joint action, y-and-z' would be another, and so on. Adam wants the outcome of his doing z while Eve is doing y'. Eve wants the outcome of her doing z' while Adam is doing y. Each thinks that these outcomes can't both be had.
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    Economics and philosophy 8 (1992), S. 249-267 
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    Notes: Various writers in the Western liberal and libertarian tradition have challenged the argument that enforcement of law and protection of property rights are public goods that must be provided by governments. Many of these writers argue explicitly for the provision of law enforcement services through private market relations.
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    Economics and philosophy 8 (1992), S. 231-248 
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    Notes: Thirty years after its publication, Thomas Kuhn's The Structure of Scientific Revolutions is still the source of much discussion in economics. Its rel-ativistic tone has often been used to fuel the claims of dissident traditions against the prevailing orthodoxy, or at least to plead the case for intellectual pluralism (Dow, 1985). Through his arguments regarding the incommensurability of different theoretical approaches to a particular subject, Kuhn's work has allowed many to argue that dissident traditions are just as legitimate as orthodoxy for analyzing a subject, since there is no objective or independent means of arbitrating between them. This has caused an opposing response by those more supportive of the prevailing theoretical approach to economics. The latter have tried to find a defense to relativist challenges in more “rational” philosophies of science, such as that of Lakatos (Blaug, 1975).
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    Economics and philosophy 8 (1992), S. 269-282 
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    Notes: In The Moral Dimension (Etzioni, 1988), Amitai Etzioni claims, as did Albert Hirschman in Morality and the Social Sciences (Hirschman, 1980), that people often act from moral motives, that economics needs to recognize this, and that it will be significantly changed by doing so. I agree, though I think the changes may be smaller than Etzioni believes – I shall be explaining why. But Etzioni goes further. He makes a specific claim about the sort of morality that motivates people: it is deontological. In this paper, I shall examine what this means, how far it is true, and what difference it makes.
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    Economics and philosophy 8 (1992), S. 286-290 
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    Economics and philosophy 8 (1992), S. 303-311 
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    Economics and philosophy 8 (1992), S. 321-321 
    ISSN: 0266-2671
    Source: Cambridge Journals Digital Archives
    Topics: Philosophy , Economics
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    Economics and philosophy 8 (1992), S. 323-326 
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    Economics and philosophy 8 (1992), S. 1-2 
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    Economics and philosophy 8 (1992), S. 1-4 
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    Economics and philosophy 8 (1992), S. 1-21 
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    Notes: Many of the things that we try to explain, in both our common sense and our scientific engagement with the world, are capable of being explained more or less finely: that is, with greater or lesser attention to the detail of the producing mechanism. A natural assumption, pervasive if not always explicit, is that other things being equal, the more finegrained an explanation, the better. Thus, Jon Elster, who also thinks there are instrumental reasons for wanting a more fine-grained explanation, assumes that in any case the mere fact of getting nearer the detail of production makes such an explanation intrinsically superior: “a more detailed explanation is also an end in itself” (Elster 1985, p. 5). Michael Taylor (1988, p. 96) agrees: “A good explanation should be, amongst other things, as fine-grained as possible.”
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    Economics and philosophy 8 (1992), S. 51-82 
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    Notes: It is widely agreed that the concept of general equilibrium and, in particular, general equilibrium existence proofs play a central role within the neoclassical approach to economic theory. There is much less agreement, however, on the concepts of general equilibrium and of neoclassical economic theory themselves.
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    Economics and philosophy 8 (1992), S. 83-102 
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    Notes: Theoretical works in economics usually have a core consisting of proofs that a “model-economy” has certain properties. The economist constructs a model that can be looked on as a description of an economy, and then proves that certain relations hold in this economy and/or that certain relations in this economy depend on certain specific characteristics. The model-economy is usually described as simplified or idealized.
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    Economics and philosophy 8 (1992), S. 23-46 
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    Notes: Many recent developments in artificial intelligence (AI) research are relevant for traditional issues in the philosophy of science. One of the developments in AI research we want to focus on in this article is diagnostic reasoning, which we consider to be of interest for the theory of explanation in general and for an understanding of explanatory arguments in economic science in particular. Usually, explanation is primarily discussed in terms of deductive inferences in classical logic. However, in recent AI research it is observed that a diagnostic explanation is actually quite different from deductive reasoning (see, for example, Reiter, 1987). In diagnostic reasoning the emphasis is on restoring consistency rather than on deduction. Intuitively speaking, the problem diagnostic reasoning is concerned with is the following. Consider a description of a system in which the normal behavior of the system is characterized and an observation that conflicts with this normal behavior. The diagnostic problem is to determine which of the components of the system can, when assumed to be functioning abnormally, account for the conflicting observation. A diagnosis is a set of allegedly malfunctioning components that can be used to restore the consistency of the system description and the observation. In this article, this kind of reasoning is formalized and we show its importance for the theory of explanation. We will show how the diagnosis nondeductively explains the discrepancy between the observed and the correct system behavior. The article also shows the relevance of the subject for real scientific arguments by showing that examples of diagnostic reasoning can be found in Friedman's Theory of the Consumption Function (1957). Moreover, it places the philosophical implications of diagnostic reasoning in the context of Mill's aprioristic methodology.
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    Economics and philosophy 8 (1992), S. 103-125 
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    Topics: Philosophy , Economics
    Notes: Let me make it clear from the outset that my main point is not either of the following: one, that there should be more women economists and research on “women's issues” (though I think there should be), or two, that women as a class do, or should do, economics in a manner different from men (a position with which I disagree). My argument is different and has to do with trying to gain an understanding of how a certain way of thinking about gender and a certain way of thinking about economics have become intertwined through metaphor – with detrimental results – and how a richer conception of human understanding and human identity could broaden and improve the field of economics for both female and male practitioners.
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