What are conspiracy theories? And what, if anything, is epistemically wrong with them? I offer an account on which conspiracy theories are a unique way of holding a belief in a conspiracy. Specifically, I take conspiracy theories to be self-insulating beliefs in conspiracies. On this view, conspiracy theorists have their conspiratorial beliefs in a way that is immune to revision by counter-evidence. I argue that conspiracy theories are always irrational. Although conspiracy theories involve an expectation to encounter some seemingly disconfirming (...) evidence (allegedly planted by the conspirators), resistance to all counter- evidence cannot be justified on these grounds. (shrink)

In the methodology of scientific research programs (MSRP) there are important features on the problem of prediction, especially regarding novel facts. In his approach, Imre Lakatos proposed three different levels on prediction: aim, process, and assessment. Chapter 5 pays attention to the characterization of prediction in the methodology of research programs. Thus, it takes into account several features: (1) its pragmatic characterization, (2) the logical perspective as a proposition, (3) the epistemological component, (4) its role in the appraisal of research (...) programs, and (5) its place as a value for scientific research. -/- The notion of “novel facts” is highly relevant in his conception, where several aspects are involved: the directions of novel facts, the different kinds of novelty, and the transition from six possible options of “novel facts” to four choices. Thereafter, the prediction of novel facts as the criterion of appraisal is considered. On the one hand, this requires analyzing the theoretical, empirical, and heuristic possibilities of appraisal; and, on the other, whether there is an overemphasis on the role of prediction in methodology of scientific research programs. As a consequence, there is an analysis of Lakatos’ criterion of appraisal in MSRP and economics. (shrink)

Claims that science may become 'self-fulfilling' through its impact on objects of study have recently risen to prominence. Despite radical statements about the supposed consequences of such accounts, however, the central notion of scientific self-fulfillment has remained obscure, leading to skewed views of its actual prevalence and significance. -/- Self-Fulfilling Science illuminates this underexplored phenomenon, drawing on insights from philosophy of science to address questions of its conceptualization, prevalence, and significance. The book critically engages with the popular notion that economic (...) theories of homo economicus exhibit self-fulfillment, and explores its relevance to various metaphysical, ethical, and epistemic issues. Extreme claims of fundamental incompatibility with our usual notions of scientific success are ill-founded. Instead, self-fulfillment’s true epistemic significance lies in more local, nuanced philosophical issues such as theory evaluation and the thesis of underdetermination. -/- In presenting a novel framework, this book facilitates deeper engagement with the developing field of self-fulfilling science and is of interest to philosophers of science, social scientists, and social constructionists. (shrink)

Models not only represent but may also influence their targets in important ways. While models’ abilities to influence outcomes has been studied in the context of economic models, often under the label ‘performativity’, we argue that this phenomenon also pertains to epidemiological models, such as those used for forecasting the trajectory of the Covid-19 pandemic. After identifying three ways in which a model by the Covid-19 Response Team at Imperial College London may have influenced scientific advice, policy, and individual responses, (...) we consider the implications of epidemiological models’ performative capacities. We argue, first, that performativity may impair models’ ability to successfully predict the course of an epidemic; but second, that it may provide an additional sense in which these models can be successful, namely by changing the course of an epidemic. (shrink)

For more than a century, methodological diversity within the social sciences has been the source of recurrent paradigm wars, and no obvious winner seems to be in sight. The aim of this article is to explore the contingencies underlying this diversity. It is argued that the shared condition of complexity forces us to adopt a pragmatic perspective from which even relevant ontological and epistemological assumptions should be thought of as contextual rather than absolute. In particular, the extent to which social (...) causality is perceived as stable and universal vs. dynamic and contextual and the extent to which research-related reflexivity is an issue appear to set apart the different approaches. Towards the end of the article examples of methodological fit and misfit are provided to illustrate the relevancy of the “contingent eclecticism” observed in practice. (shrink)

Once lively debates concerning the philosophical significance of self-fulfilling science, or the causal contribution of science to bringing about the states of affairs it depicts, lapsed in the 1970s. Recent claims concerning the influence of economic theory on the behavior it predicts or explains seem poised to revitalize discussion, yet lack of clarity abounds concerning the key features of such cases and the philosophical issues to which they might be relevant. In this paper, I examine a paradigmatic case of self-fulfilling (...) science, clarify its key features, and critically discuss two existing approaches to understanding such phenomena. Ultimately, I suggest a novel approach more well-suited to analyzing such cases and exploring their philosophical significance. (shrink)

Game theorists tend to model climate negotiations as a so-called ‘tragedy of the commons’. This is rather worrisome, since the conditions under which such commons problems have historically been solved are almost entirely absent in the case of international greenhouse gas emissions. In this paper, I will argue that the predictive accuracy of the tragedy model might not stem from the model’s inherent match with reality but rather from the model’s ability to make self-fulfilling predictions. I then sketch some possible (...) ways to dispel the tragedy, including (1) recognizing some ways the assumptions of the model fail, (2) taking seriously recent work suggesting that increasing greenhouse gas emissions is not in most nations’ own self-interest, and (3) preferring alternative models like collective risk dilemmas, bargaining games, or cooperative models. (shrink)

Even though social scientists continue to discuss the problems posed by self-fulfilling and self-frustrating predictions, philosophers of science have ignored the topic since the 1970s. Back then, the prevailing view was that the methodological problems posed by reflexive predictions are either minor or easily avoided. I believe that this consensus was premature, ultimately relying on an overly narrow understanding of the phenomenon. I present an improved way to understand reflexive predictions (framed in probabilistic terms) and show that, once such predictions (...) are understood this way, the methodological problems they pose may turn out to be neither minor nor easily avoided. (shrink)

A self-fulfilling prophecy is, roughly, a prediction that brings about its own truth. Although true predictions are hard to fault, self-fulfilling prophecies are often regarded with suspicion. In this article, we vindicate this suspicion by explaining what self-fulfilling prophecies are and what is problematic about them, paying special attention to how their problems are exacerbated through automated prediction. Our descriptive account of self-fulfilling prophecies articulates the four elements that define them. Based on this account, we begin our critique by showing (...) that typical self-fulfilling prophecies arise due to mistakes about the relationship between a prediction and its object. Such mistakes—along with other mistakes in predicting or in the larger practical endeavor—are easily overlooked when the predictions turn out true. Thus we note that self-fulfilling prophecies prompt no error signals; truth shrouds their mistakes from humans and machines alike. Consequently, self-fulfilling prophecies create several obstacles to accountability for the outcomes they produce. We conclude our critique by showing how failures of accountability, and the associated failures to make corrections, explain the connection between self-fulfilling prophecies and feedback loops. By analyzing the complex relationships between accuracy and other evaluatively significant features of predictions, this article sheds light both on the special case of self-fulfilling prophecies and on the ethics of prediction more generally. (shrink)

Scientific models can be performative: they can causally affect the phenomena they are intended to represent. The existing literature offers two responses. The appraisal view emphasizes that performativity can sometimes be a good-making model attribute, e.g., when predictions steer the public’s behavior in desirable ways. The mitigation view seeks to endogenize agents’ behavioral response to model-issued forecasts to get rid of performativity instead. This paper argues that neither approach is fully compelling: the appraisal view encounters severe concerns about moral values (...) illegitimately encroaching on how modelers construct and use models, while the mitigation view fails to acknowledge that endogenization is itself a choice that involves substantive value-judgments relating to the desirability of certain social outcomes. (shrink)

In his article “Reflexive Predictions” in a recent issue of this Journal [1], Professor Roger C. Buck refers to our theorem concerning correct public prediction of economic and, in general, social events [2]. Unfortunately he misunderstands the nature of our theorem. He begins by stipulating the infinite regress which originally led to the belief that correct public prediction in the social sciences might be impossible: the forecaster who attempts to take into account the agent's reaction to his public prediction, finds (...) his adjusted public prediction again falsified by the agent's reaction to it, and so on ad infinitum [3]. Professor Buck then makes an admittedly tempting mistake. He argues that, provided the sequence of public predictions—each one adjusted for the agent's reaction to its predecessor—converges towards some value, correct public prediction is possible: at the end of a sequence of falsified predictions the forecaster, as it were, catches up with the agent. (shrink)

The present work is a review of the early literature on "reflexive prediction" - the notion that public predictions by policymakers may influence and affect the social systems the predictions are made in relation to - in the disciplines of sociology and economics. It is a relatively complete treatment for the time period that it covers. It is intended for attachment to my January 2006 doctoral thesis as "Appendix B.".

The present work is a chapter from my Ph.D thesis to be submitted in January 2006. Economists generate economic ideas, which are then spread to and impact on the very economic systems that they are ostensibly 'objectively' modelling. I term this dynamical relationship between economic theory and economic reality "ideational reflexivity," and show that various important contributions in economic theory such as the Lucas Critique and Merton's option-pricing theory may be identified as special cases of ideational reflexivity. I then argue (...) that ideational reflexivity, pursued to its logical conclusions, raises serious methodological issues for economic science as a science. In particular the notion of a "positive" body of economic knowledge independent from the reality it describes becomes problematic, and all three "traditional" goals of science - explanation, prediction, and control, become problematic. (shrink)