{"product_id":"the-philosophy-of-causality-in-economics-9780367494353","title":"The Philosophy of Causality in Economics","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eApproximately one in six top economic research papers draws an explicitly causal conclusion. But what do economists mean when they conclude that \u003cem\u003eA\u003c\/em\u003e causes'\u003cem\u003e B\u003c\/em\u003e? Does cause' say that we can influence \u003cem\u003eB\u003c\/em\u003e by intervening on \u003cem\u003eA\u003c\/em\u003e, or is it only a label for the correlation of variables? Do quantitative analyses of observational data followed by such causal inferences constitute sufficient grounds for guiding economic policymaking? \u003c\/p\u003e\u003ci\u003e\u003c\/i\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThe Philosophy of Causality in Economics addresses these questions by analyzing the meaning of causal claims made by economists and the philosophical presuppositions underlying the research methods used. The book considers five key causal approaches: the regularity approach, probabilistic theories, counterfactual theories, mechanisms, and interventions and manipulability. Each chapter opens with a summary of literature on the relevant approach and discusses its reception among economists. The text details case st\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e(1) Introduction (2) Regularities (3) Causality as changes in conditional probability (4) Counterfactuals (5) Mechanisms (6) Interventions and manipulability (7) Concluding remarks\u003c\/p\u003e","brand":"Taylor \u0026 Francis Ltd","offers":[{"title":"Default Title","offer_id":52090681426263,"sku":"9780367494353","price":45.59,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780367494353.jpg?v=1762273066","url":"https:\/\/bookcurl.com\/products\/the-philosophy-of-causality-in-economics-9780367494353","provider":"Book Curl","version":"1.0","type":"link"}