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Edgeworth on the Foundations of Ethics and Probability

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  • Alberto Baccini

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    Abstract

    This paper analyses the foundation of utilitarian ethics and theory of probability in the works of Francis Y. Edgeworth. We argue that he pursued an unitary philosophical project, the search for a common epistemological foundation for the social sciences. The common root of the disciplines is the notion of “hereditary experience” derived from Herbert Spencer’s work. We suggest that this reconstruction can modify the overall interpretation of Edgeworth’s thought.

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    File URL: http://www.econ-pol.unisi.it/quaderni/427.pdf
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    Bibliographic Info

    Paper provided by Department of Economics, University of Siena in its series Department of Economics University of Siena with number 427.

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    Date of creation: May 2004
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    Handle: RePEc:usi:wpaper:427

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    Keywords: F.Y. Edgeworth; Probability; Utilitarianism;

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    1. Alberto Baccini, 2004. "High pressure and black clouds: Keynes and the frequentist theory of probability," Cambridge Journal of Economics, Oxford University Press, vol. 28(5), pages 653-666, September.
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    Cited by:
    1. Drakopoulos, Stavros A., 2014. "Mathematical Psychics and Hydraulics: The Methodological Influence of Edgeworth and Fisher," MPRA Paper 52981, University Library of Munich, Germany.
    2. Drakopoulos, Stavros A. & Katselidis, Ioannis, 2013. "From Edgeworth to Econophysics: A Methodological Perspective," MPRA Paper 46975, University Library of Munich, Germany.
    3. Tomoyuki Uemiya, 2008. "F.Y. Edgeworth’s Mathematical Psychics and his Utilitarianism: The Derivation from the ‘Sidgwick-Barratt Controversy’," Discussion Paper Series 37, School of Economics, Kwansei Gakuin University, revised Mar 2008.

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