Armin W. Schulz

A recent trend in economics has been to appeal to evolutionary theory when addressing various open questions in the subject. I here further investigate one particular such appeal to evolutionary biology: the argument that, since markets select firms as coherent units, firms should be seen to be genuine economic agents. To assess this argument, I present a model of firm/office selection in a competitive market, and show that there are cases where markets can select for firms/offices as collective units – and thus, as agents of their own – but also that there are cases where they do not. In this way, I try to make the evolutionary argument for the agency-based view of the firm more precise

recent defence of the massive modularity thesis. However, as this paper seeks to show, there are major flaws in its structure. If construed deductively, it is unsound: modular mental architecture is not necessarily the best architecture, and even if it were, this alone would not show that this architecture evolved. If construed inductively, it is not much more convincing, as it then appears to be too weak to support the kind of modularity Carruthers is concerned with. The upshot of this is that whatever reason we might have for believing that the mind is massively modular, it is not based on the argument from design. Introduction Carruthers’ Argument from Design Modularity and Optimality: Problems for the Deductive Argument from Design Degrees of Modularity: Problems for the Inductive Argument from Design Conclusion CiteULike     Connotea     Del.icio.us     What's this?

A key component of much current research in behavioral ecology, cognitive science, and economics is a model of the mind at least partly based on beliefs and desires. However, despite this prevalence, there are still many open questions concerning both the structure and the applicability of this model. This is especially so when it comes to its ‘desire’ part: in particular, it is not yet entirely clear when and why we should expect organisms to be desire-based—understood so as to imply that they consult explicit tokenings of what they ought to do—as opposed to being drive-based—understood so as to imply that they react to the world using behavioral reflexes. In this paper, I present the beginnings of an answer to this question. To do this, I start by showing that an influential recent attempt to address these issues—due to Kim Sterelny—fails to be fully successful, as it does not make sufficiently clear what the relative benefits and disadvantages of drive-based and desire-based cognitive architectures are. I then present an alternative account of this matter based on the idea that organisms that can follow explicit behavioral rules avoid having to memorize a large set of state of the world–action connections—which can be adaptive. Finally, I apply this account to the question of what the cognitive value of mental representations should be seen to be; here, I conclude that—contrary to some recent claims—relying on mental representations can make decision making easier, not harder, but also that—in line with these recent claims—whether it does so depends on the details of the case.

Abstract:I address an overlooked question about the structure of the cognitive/conative model of the mind that underlies much of the work in economics, psychology and philosophy: namely, whether conative states are fundamentally monistic (desire-like) or comparative (preference-like). I argue that two seemingly promising sets of theoretical considerations – namely, the structure of Rational Choice Theory, and considerations of computational efficiency – are unable to resolve this debate. Given this, I suggest that a consideration that speaks in favour of the preference-based view is the fact that it makes it easier to explain certain empirically observed patterns in decision making.