BEGIN:VCALENDAR VERSION:2.0 PRODID:-//TYPO3/NONSGML Calendar Base (cal) V1.11.1//EN METHOD:PUBLISH BEGIN:VEVENT UID:www.uni-konstanz.de_205_34583 DTSTAMP:20190902T064415Z DTSTART:20190911T150000Z DTEND:20190911T163000Z CATEGORIES:Vortrag SUMMARY:The Changing Roles of Psychology in Economics DESCRIPTION:This talk is based on a forthcoming book by Narens & Skyrms\, The Pursuit of Happiness\, to be published by Oxford University Press. It describes the rise and fall of Utilitarianism -- the principal approach to economic theory in Britain in 19th century. \r\n\r\nUtilitarianism was founded on the idea that law and what we today call the social sciences could have a scientific basis and mathematical foundation much like the physical sciences of its day. The fundamental goal of their science was to find means to maximizes happiness for society. This required a psychology of happiness and its scientific measurement for individuals and society. Given that these could be done\, the Utilitarians developed concepts and a sophisticated mathematical theory that led to modern economics. But the Utilitarians were not able to put the measurement of happiness on a firm scientific foundation. This led to its demise around the turn of the 20th century\, where happiness was replaced by preference and psychology by rationality. And the change from psychology to rationality remains today. \r\n\r\nUsing results from modern measurement theory\, modern psychophysics\, and evolutionary game theory\, it is argued that today we can provide a rigorous foundation to the measurement of the happinesses of individuals and to some degree to groups\, and thus put Utilitarianism on a firm scientific foundation.\r\n\r\n LOCATION:A 703 ORGANIZER;CN="3rd Summer School on Internet-based Data Collection and Analysis in Decision Making 2019, Prof. Dr. Ulf-Dietrich Reips ": END:VEVENT END:VCALENDAR