|
on History and Philosophy of Economics |
| By: | Sarah Ashwin (LSE - Department of Management - London School of Economics and Political Science - LSE - London School of Economics and Political Science); Rafael Gomez (University of Toronto); Patrice Laroche (CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine) |
| Abstract: | David Marsden enriched and extended the field of employment relations with his interdisciplinary and comparative practice. This introduction to the special issue honouring his work examines the nature of David's contribution and analyses his influence on employment relations and adjacent fields. The article highlights David's original engagement with the social science questions of his day, and his comparative craft, which entailed sensitivity to difference and a commitment to grounded, institutionally embedded analysis. Previewing the articles that make up this special issue, this introduction shows how David's work provides signposts to a better world of work. |
| Keywords: | well-being, varieties of capitalism, interdisciplinarity, employment systems, embeddedness, comparative employment relations |
| Date: | 2025–09–29 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05294904 |
| By: | Miguel Alves Pereira |
| Abstract: | This article proposes predictive economics as a distinct analytical perspective within economics, grounded in machine learning and centred on predictive accuracy rather than causal identification. Drawing on the instrumentalist tradition (Friedman), the explanation-prediction divide (Shmueli), and the contrast between modelling cultures (Breiman), we formalise prediction as a valid epistemological and methodological objective. Reviewing recent applications across economic subfields, we show how predictive models contribute to empirical analysis, particularly in complex or data-rich contexts. This perspective complements existing approaches and supports a more pluralistic methodology - one that values out-of-sample performance alongside interpretability and theoretical structure. |
| Date: | 2025–10 |
| URL: | https://d.repec.org/n?u=RePEc:arx:papers:2510.04726 |
| By: | Walter Bossert; Salvador Barberà |
| Abstract: | In his 1958 classic, The Theory of Committees and Elections, Duncan Black proposed the following lexicographic rule: for any set of feasible alternatives, and any pro- file of voters' goodness relations, choose the strong Condorcet winner if it exists, and select the set of Borda winners otherwise. We provide what we think is the first axiomatic characterization of this rule. We do so through the intermediary study of the generalized social welfare functions that underlie the rule's choices, and the use of axioms that emphasize what is common and what is different in the spirit of the amply debated proposals made by these two 18th-century authors. |
| Keywords: | Black’s voting rule, Borda count, Social choice correspondences, strong Condorcet winners |
| JEL: | D71 D72 D63 |
| Date: | 2025–10 |
| URL: | https://d.repec.org/n?u=RePEc:bge:wpaper:1515 |