The most fundamental questions of economics are often philosophical in nature, and philosophers have, since the very beginning of Western philosophy, asked many questions that current observers would identify as economic. The Routledge Handbook of Philosophy of Economics is an outstanding reference source for the key topics, problems, and debates at the intersection of philosophical and economic inquiry. It captures this field of countless exciting interconnections, affinities, and opportunities for cross-fertilization.

Comprising 35 chapters by a diverse team of contributors from all over the globe, the Handbook is divided into eight sections: 

I. Rationality
II. Cooperation and Interaction
III. Methodology
IV. Values
V. Causality and Explanation
VI. Experimentation and Simulation
VII. Evidence
VIII. Policy 

The volume is essential reading for students and researchers in economics and philosophy who are interested in exploring the interconnections between the two disciplines. It is also a valuable resource for those in related fields like political science, sociology, and the humanities.

chapter 1|19 pages


ByConrad Heilmann, Julian Reiss

part I|75 pages


chapter 2|14 pages

History of Utility Theory

ByIvan Moscati

chapter 3|19 pages

The Economics and Philosophy of Risk

ByH. Orri Stefánsson

chapter 4|11 pages

Behavioral Welfare Economics and Consumer Sovereignty

ByGuilhem Lecouteux

chapter 5|16 pages

The Economic Concept of a Preference

ByKate Vredenburgh

chapter 6|13 pages

Economic Agency and the Subpersonal Turn in Economics

ByJames D. Grayot

part II|51 pages

Cooperation and Interaction

chapter 7|14 pages

Game Theory and Rational Reasoning

ByJurgis Karpus, Mantas Radzvilas

chapter 8|12 pages

Institutions, Rationality, and Coordination

ByCamilla Colombo, Francesco Guala

chapter 9|13 pages

As If Social Preference Models

ByJack Vromen

chapter 10|10 pages

Exploitation and Consumption

ByBenjamin Ferguson

part III|59 pages


chapter 11|18 pages

Philosophy of Economics?

Three Decades of Bibliometric History
ByFrançois Claveau, Alexandre Truc, Olivier Santerre, Luis Mireles-Flores

chapter 12|17 pages

Philosophy of Austrian Economics

ByAlexander Linsbichler

chapter 13|12 pages


ByHsiang-Ke Chao

chapter 14|10 pages

Finance and Financial Economics

A Philosophy of Science Perspective
ByMelissa Vergara-Fernández, Boudewijn de Bruin

part IV|59 pages


chapter 15|12 pages

Values in Welfare Economics

ByAntoinette Baujard

chapter 16|11 pages

Measurement and Value Judgments

ByJulian Reiss

chapter 17|10 pages

Reflections on the State of Economics and Ethics

ByMark D. White

chapter 18|11 pages


ByMauro Rossi

chapter 19|13 pages

Fairness and Fair Division

ByStefan Wintein, Conrad Heilmann

part V|58 pages

Causality and Explanation

chapter 20|12 pages

Causality and Probability

ByTobias Henschen

chapter 21|17 pages

Causal Contributions in Economics

ByChristopher Clarke

chapter 22|16 pages

Explanation in Economics

ByPhilippe Verreault-Julien

chapter 23|11 pages

Modeling the Possible to Modeling the Actual

ByJennifer S. Jhun

part VI|58 pages

Experimentation and Simulation

chapter 24|14 pages

Experimentation in Economics

ByMichiru Nagatsu

chapter 25|12 pages

Field Experiments

ByJudith Favereau

chapter 26|15 pages

Computer Simulations in Economics

ByAki Lehtinen, Jaakko Kuorikoski

chapter 27|15 pages

Evidence-Based Policy

ByDonal Khosrowi

part VII|58 pages


chapter 28|10 pages

Economic Theory and Empirical Science

ByRobert Northcott

chapter 29|26 pages

Philosophy of Econometrics

ByAris Spanos

chapter 30|10 pages

Statistical Significance Testing in Economics

ByWilliam Peden, Jan Sprenger

chapter 31|10 pages

Quantifying Health

ByDaniel M. Hausman

part VIII|61 pages


chapter 32|12 pages

Freedoms, Political Economy, and Liberalism

BySebastiano Bavetta

chapter 33|10 pages

Freedom and Markets

ByConstanze Binder

chapter 34|13 pages

Policy Evaluation Under Severe Uncertainty

A Cautious, Egalitarian Approach
ByAlex Voorhoeve

chapter 35|14 pages

Behavioral Public Policy

One Name, Many Types. A Mechanistic Perspective
ByTill Grüne-Yanoff

chapter 36|10 pages

The Case for Regulating Tax Competition

ByPeter Dietsch