Jochen Runde

Other Appointments and Affiliations

2014 Visiting Professor, Sydney

2010- Senior Scholar, the Hayek Project

2008- Director of the MBA, Judge Business School

2007-2008 Director of Programmes, Judge Business School

2005-2007 Visiting Lecturer, Associazione CIVEN, Venice

2003-2005 Director of Graduate Programmes, Cambridge-MIT Institute

2001-2002 Associate Director, Professional Practice, Cambridge-MIT Institute

1998-2005 Graduate Tutor (Arts), Girton College

1998 Visiting Lecturer, University of the Witwatersrand

1998 Visiting Lecturer, Rand Afrikaans University

Prizes, Awards, and Fellowships

2008 Best paper runner up at 29th Annual International Conference on Information Systems, December 14-17, for a paper entitled ‘About Time Too: Online News and Changing Temporal Structures in the Newspaper Industry’ (with Jones, K., Munir, K., and Orlikowski, W.)

2000-2003 CMI Fellow, Cambridge-MIT Institute

1991-1993 Doris Woodall Research Fellow, Girton College

1990 Stevenson Prize (Cambridge) for a Postgraduate essay entitled 'Keynesian Uncertainty and the Weight of Arguments'

1989 Alfred Eichner Memorial Prize awarded by the Review of Political Economy for an article entitled 'Uncertainty and the Instability of Beliefs' Oppenheimer Memorial Trust Grant Scholarships (Wahl, ORS, James McBride)

Editorial Positions

1991- Co-editor, Cambridge Journal of Economics

1997-2002 Editorial Board, Journal of Economic Methodology

Teaching

2009- Core Microeconomics for the MBA

2010- Elective Macroeconomics for the MBA

2009-2010 Macroeconomics component of Paper 3E1 of the Engineering Tripos

2005- Microeconomics component of the CMI Management of Technology and Innovation (MoTI) module

2003-2005 Economics for core module of the CMI MPhil in Engineering for Sustainable Development

2001-2004 Microeconomics and Game Theory for core modules on the CMI MPhil on Technology Policy

1999-2002 Paper G11 Microeconomics for the Engineering Tripos Part IIA and the Electrical and Information Sciences Tripos Part I

1999-2002 Paper G11 Macroeconomics for the Engineering Tripos Part IIA and the Electrical and Information Sciences Tripos Part I

1999-2008 Core MBA Economics Precourse

1999- Epistemology and Philosophy of Science for MPhil Research Methods Course

1990-2004 Selected topics for the MPhil Papers on Philosophical Issues in Economics and the Methodology of Economics (Faculty of Economics and Development Studies)

Invited Talks

University of Hamburg, University of Cambridge, De Montfort University, University of East London, University of Frankfurt (VIA), University of Manchester, University College London, SOAS, University of Birmingham, Stirling University, Handelshochschule Leipzig, University of the Witwatersrand, Rand Afrikaans University, Queen Mary and Westfield College London, University of Aberdeen, Odense University, University of Graz, University of Ulster (CMI NCN event), University of Amsterdam, University of Münster, University of Turin, New York University, Cape Town University, University of Stellenbosch, Imperial College, George Mason University, MIT, Oxford University, Technische Universität Hamburg–Harburg, Eidgenössische Technische Hochschule Zürich, University of Bologna, LSE, Freie Universität Berlin, Kings College London, Singapore Management University, University of Sydney, University of Auckland

1998 Invited Lecture to the South African Economics Society (1998)

2005 Plenary Lecture, Research in Economics: The Importance of Methodology in the Social Sciences, University of Turin

2008 Senior Scholar, Conference ‘From Vienna to Virginia’, Foundation for Economic Education, New York

Publications

Journal Articles

(2014) Models of causal inference: imperfect but applicable is better than perfect but inapplicable. Strategic Management Review (with Ellsaesser, F. and Tang, E.). DOI: 10.1002/smj.2164

(2014) De Finetti on uncertainty. Cambridge Journal of Economics 38(1): 1-21 (with Feduzi, A., and Zappia, C.).

(2013) Technological objects, social positions and the transformational model of social activity. Management Information Systems Quarterly 37(3): 803-818 (with Faulkner, P.)

(2012) The uncertain foundations of the welfare state. Journal of Economic Behavior and Organization 80(3): 613-627 (DOI: 10.1016/j.jebo.2011.06.002) (with Feduzi, A.)

(2012) De Finetti on the insurance of risks and uncertainties. British Journal for the Philosophy of Science 63(2): 329-356 (with Feduzi, A., and Zappia, C.), republished in ERN History of Economics eJournal 6 (37), 09/30/2011.

(2010) Assessing causal explanations of specific events. Organisation Studies (with De Rond, M.), 31: 431-450.

(2010) Theorising technology. Cambridge Journal of Economics 34, 1-16 (with Faulkner, P. and Lawson, C.).

(2009) Dissecting the Black Swan. Critical Review, 21, 491-505.

(2009) Ontology and the foundations of evolutionary economic theory: on Dopfer and Potts’ General Theory of Economic Evolution, Journal of Institutional Economics, 5, 361-378.

(2009) On rules, routines and the adoption of technological product innovations: the case of the transition from analogue photography to digital imaging (with Jones, M., Munir, K., and Nikolychuk, L.) Cambridge Journal of Economics. 33, 1-24. (leader article)

(2009) On the identity of technological objects and user innovations in function (with Faulkner, P.) Academy of Management Review. 34, 442-462.

(2007) Subjectivism, Social Structure and the Possibility of Socio-Economic Order: The case of Ludwig Lachmann (with Lewis, P.) Journal of Economic Behaviour and Organization. 62, 167-186. (leader article)

(2006) Where Economics and Philosophy Meet: Review of the Elgar Companion to Economics and Philosophy with Responses from the Authors (with Boettke, P., Coyne, C., Davis, J., Guala, F., Marciano, A., and Schabas, M.) Economic Journal 116, F302-F325.

(2005) Conventions, Uncertainty and Economic Sociology. The American Journal of Economics and Sociology 64, 507-532 (with Bibow, J. and Lewis, P.).

(2003) Is Reflecting Without Rules Enough? Journal of Economic Methodology 10, 535-541.

(2002) Special Issue on Critical Realism. Cambridge Journal of Economics 26, 1-3 (with Blankenburg, S., Lawson, C., Lawson, T., Lewis, P., and Pratten S.)

(2002) Filling in the Background. Journal of Economic Methodology 9, 11-30. (leader article)

(2002) Information, Knowledge and Agency: The Information Theoretic Approach and the Austrians. Review of Social Economy 60, 183-208.

(2001) Bringing Social Structure Back Into Economics: on Critical Realism and Hayek’s Scientism Essay. Review of Austrian Economics 14, 5-24. (leader article)

(2001) On Stephen Parsons’s Philosophical Critique of Transcendental Realism. Review of Political Economy 13, 101-114.

(1999) A critical realist perspective on Paul Davidson’s methodological writings on – and rhetorical strategy for – Post Keynesian economics. Journal of Post Keynesian Economics 22, 35-56 (with Lewis, P.)

(1998) Assessing Causal Economic Explanations. Oxford Economic Papers 50, 151-172. (leader article)

(1998) Some Links Between Keynes’s A Treatise on Probability and the General Theory (in Japanese) The Keizai Seminar 8, 60-67.

(1998) A clarification of Frank Knight’s discussion of the meaning of risk and uncertainty. Cambridge Journal of Economics 22, 539-546.

(1997) Special Issue on Rationality and Economic Methodology: Introduction. Journal of Economic Methodology 4, 1-21 (with Anand, P.).

(1996) On Popper, Probabilities and Propensities. Review of Social Economy 54, 465-485.

(1995) Chances and Choices: Some Notes on Probability and Belief in Economic Theory. The Monist 78, 331-352.

(1995) Comment (on H.E. Kyburg's 'Keynes as a Philosopher'). Supplement to History of Political Economy 27, 33-38.

(1995) Young Back Choi's Paradigms and Conventions. Economics and Philosophy 11, 171- 177.

(1994) Keynes After Ramsey: In Defence of A Treatise on Probability. Studies in History and Philosophy of Science 25, 197-121.

(1994) Keynesian Uncertainty and Liquidity Preference. Cambridge Journal of Economics 18, 129-144. (leader article)

(1993) Paul Davidson and the Austrians: Reply to Davidson. Critical Review 7, 1-18.

(1993) Against Scepticism: A Review Essay. Research in the History of Economic Thought and Methodology 11, 233-240.

(1991) Keynesian Uncertainty and the Instability of Beliefs. Review of Political Economy 3, 125-145.

(1991) On Keynes's Method. Review of Social Economy 49, 104-112 (with Labia, J.F.N.)

(1990) Keynesian Uncertainty and the Weight of Arguments. Economics and Philosophy 6, 275-292.

(1985) Divergent and Rational Expectations. South African Journal of Economics 53, 217- 225 (with Torr, C.S.W.). (leader article)

(1985) Theory and History in Marketing: A Comment. Managerial and Decision Economics 6, 183-185.

(1985) Theory and History in Marketing: A Rejoinder. Managerial and Decision Economics 6, 189-190.

Edited Books

(2004) The Elgar companion of economics and philosophy Aldershot: Edward Elgar. (ed. with Davis, J and Marciano, A). Paperback issue 2006.

(2003) The Philosophy of Keynes’s Economics: Probability, Uncertainty and Convention. London: Routledge (ed. with Mizuhara, S).

Special Issues of Journals

(2010) Special Issue on the Nature of Technology. Cambridge Journal of Economics 26 (with Faulkner P. and Lawson, C.).

(2002) Special Issue on Realism and Economics. Cambridge Journal of Economics 26 (with Blankenburg, S., Lawson, C., Lawson, T., Lewis, P., and Pratten S.).

(1997) Special issue on rationality and economic methodology. The Journal of Economic Methodology 4 (with Anand, P.).

(1993) Special issue on German Reunification. Cambridge Journal of Economics 17 (with Wilkinson, F.)

Textbooks and Digital Media

(2008) Uncertainty, Conventional Behaviour and Economic Sociology, in Goodwin, N. (ed.), The Social Science Library: Frontier Thinking in Sustainable Development and Human Well-Being. CD. Medford, MA: Tufts University Global Development & Environment Institute. Reprinted from American Journal of Economics and Sociology, 64, 507-32 (with Bibow, J. and Lewis, P.A.). (The SSL collection is presented on a set of CDs and sent, without charge, to about 5,000 university libraries in 137 developing countries.)

(2007) LiveEcon: Macroeconomics vol. II. Fully electronic textbook. Aberdeen: Interactyx (with McClausland, D., and Taylor, C.).

(2007) LiveEcon: Microeconomics Essentials. Fully electronic textbook. Aberdeen: Interactyx (with Aidt, T., Faulkner, P. and Taylor, S.).

(2006) LiveEcon: Macroeconomics vol. I. Fully electronic textbook. Aberdeen: Interactyx (with McClausland, D., and Taylor, C.).

Contributions to Books

(2014, forthcoming) Technological objects, social positions and the transformational model of social activity. In Pratten, S. (ed.) Social Ontology and Modern Economics. London: Routldege, reprinted from Management Information Systems Quarterly 37(3): 803-818 (with Faulkner, P.)

(2012) On sociomateriality. In Leonardi, P. M., Nardi, B. and Kallinikos, J. (Eds.) Materiality and Organizing: Social Interaction in a Technological World. Oxford: Oxford University Press (with Faulkner, P.).

(2010) Economic Theory and Economic Sustainability. In Pitelis, C., Keenan, J. and Pryce, V. (eds.) Green Business, Green Values, and Sustainability. London: Routledge, 52-66 (with Pitelis, C.).

(2006) Assessing Causal Economic Explanations. In Davis, J. (ed.) Recent Developments in Economic Methodology, vol. 1, part 3. Aldershot: Edward Elgar. Reprinted from Oxford Economic Papers 50 (1998).

(2004) Information, Knowledge and Economic Agency, in Davis, J., Marciano, A. and Runde, J. (eds.) The Elgar companion of economics and philosophy. Aldershot: Edward Elgar, 423-445 (with Faulkner, P.).

(2004) Introduction. In Davis, J., Marciano, A. and Runde, J. (eds.) The Elgar companion of economics and philosophy. Aldershot: Edward Elgar, xii-xvii (with Davis, J. and Marciano, A.)

(2003) Introduction. In Runde, J. and Mizuhara, S. The Philosophy of Keynes’s Economics: Probability, Uncertainty and Convention. London: Routledge, 1-16 (with Mizuhara, S.).

(2003) On Some Explicit Links Between Keynes’s A Treatise on Probability and the General Theory. In Runde, J. and Mizuhara, S. The Philosophy of Keynes’s Economics: Probability, Uncertainty and Convention. London: Routledge, 46-54.

(2003) On Convention: Keynes, Lewis and the French School. In Runde, J. and Mizuhara, S. The Philosophy of Keynes’s Economics: Probability, Uncertainty and Convention. London: Routledge, 185-195 (with Bibow, J. and Lewis, P.).

(2001) Risk Assessment and Small Business Bank Lending. In Arestis, P., Desai, M. and Dow, S. (eds.) Methodology, Microeconomics and Keynes. Essays in Honour of Vicky Chick. London: Taylor and Francis, 203-214.

(2001) Intersubjectivity in the socio-economic world: a critical realist perspective. In Fullbrook, E. (ed.) Intersubjectivism and Economics. London: Routledge,198-215 (with Lewis, P.).

(2001) Chances and choices: notes on probability and belief in economic theory. In Mäki, U (ed.) The Economic Worldview. Cambridge: Cambridge University Press, 132-153. Revised and extended version of a paper that originally appeared in The Monist 78, (1995), 132-153.

(2000) Shackle on Probability. In Earl, P. and Frowen, S. (eds.) Economics as the Art of Thought: Essays in Memory of G.L.S. Shackle. London: Routledge, 214-241.

(1998) A clarification of Frank Knight’s discussion of the meaning of risk and uncertainty. In Vercelli, A. (ed.) Incertezza, Razionalita E Decisioni Economiche , Bologna, Il Mulino.

(1998) uncertainty, Keynesian/Knightian. In Davis, J.B., Wade Hands, D. and Mäki, U. The Elgar Handbook to Economic Methodology. Cheltenham: Edward Elgar, 513-516.

(1998) Shackle, G.L.S. In Davis, J.B., Hands, W.D. and Mäki, U. The Elgar Handbook to Economic Methodology. Cheltenham: Edward Elgar, 452-456.

(1998) Expectations and stock market prices. In Koppl, R. and Mongiovi, G. Methodological Issues in the Subjective Paradigm: Essays in Memory of L.M. Lachmann. London: Routledge (with Bibow, J.), 183-200.

(1998) On Popper, Probabilities and Propensities. In Fleetwood, S. (ed.) Critical Realism in Economics: Development and Debate, London: Routledge (1998), 63-82. Reprinted from Review of Social Economy 54 (1996).

(1998) Probability, Uncertainty and Long-Term Expectations. In O’Hara, P. (ed.) Encyclopedia of Political Economy. London: Routledge, 1189-1192. (1997) Keynesian Methodology. In Harcourt, G.C. and Riach, P. (eds.) General Theory 'Second Edition'. London: Routledge, 222-243.

(1997) Rules for Prices? In Frowen, S. (ed.) Hayek: Economist and Social Philosopher - A Critical Retrospect. London: Macmillan; New York: St Martin’s Press, 179-183.

(1996) Abstraction, Idealisation and Economic Theory. In Arestis, P., Palma, G. and Sawyer, M. (eds.) Markets, Unemployment and Economic Theory: Essays in honour of Geoff Harcourt (vol. 2). London: Routledge, 16-29.

(1995) Risk, Uncertainty and Bayesian Decision Theory: A Keynesian View. In Dow, S.C. and Hillard, J. (eds.) Keynes, Knowledge and Uncertainty. Cheltenham: Edward Elgar, 197-210.

(1994) Expectations. In Arestis, P. and Sawyer, M. (eds.) Elgar Companion to Radical Political Economy. Aldershot: Edward Elgar, 133-138.

(1994) The Keynesian Probability-Relation: In Search of a Substitute. In Davis, J.B. (ed.) The State of Interpretation of Keynes. Boston: Kluwer Academic Press, 245-251.

(1994) Keynesian Uncertainty and the Weight of Arguments. In Cunningham Wood, J. (ed.) John Maynard Keynes: Critical Assessements, vol. VII. London: Routledge, 507-524. Reprinted from Economics and Philosophy 6, 275-292.

(1988) Subjectivism, Psychology and the Austrians. In Earl, P.E. (ed.) Psychological Economics: Developments, Tensions and Prospects. Boston: Kluwer Academic Press, 101-120.

Further Editorial Work

(2000) Posthumous essay by Nikolas Siakantaris. Experimental economics under the Microscope. Cambridge Journal of Economics 23, 267-281 Conference Proceedings

(2010) Lionel Robbins, Economising and Innovating: A Business School Perspective. In Cowell, F. and Witztum, A. (eds.) Lionel Robbins’s essay on the nature and significance of economic science: 75th anniversary conference proceedings. Sticerd, LSE (with Pitelis, C.). Reviews

(1997) O. Hamouda and R. Rowley’s Probability in Economics, in Review of Social Economy 55, 379-381.

(1992) B. Bateman and J. Davis's Keynes and Philosophy: Essays on the Origin of Keynes's Thought, in the Review of Social Economy 50, 239-241.

(1992) B. Littleboy's On Interpreting Keynes: A Study in Reconciliation, in the Economic Journal 102, 962-963.

(1989) C. McKenna's The Economics of Uncertainty, in the South African Journal of Economics 57, 99-101. (1989) J. Ford's Economic Choice Under Uncertainty: A Perspective Theory Approach, in the South African Journal of Economics 57, 99-101.

(1987) T. Lawson and and H. Pesaran's Keynes's Economics: Methodological Issues, in the South African Journal of Economics 55, 192-195.

(1987) A. Klamer's The New Classical Macroeconomics: Conversations with New Classical Economists and their Opponents, in the South African Journal of Economics 55, 309- 31.

(1985) J. Wiseman's (ed.) Beyond Positive Economics, in the South African Journal of Economics 53, 103-106.

(1985) A. Eichner's (ed.) Why Economics is Not Yet a Science, in the South African Journal of Economics 53, 203-205.

(1985) N. Kaldor's Economics Without Equilibrium, in the South African Journal of Economics 53, 436-438.

(1984) P. Earl's The Economic Imagination, in the South African Journal of Economics 52, 414-417.

Book Notes

(1994) V. Vanberg's Rules and Choice in Economics, in Political Studies.

(1993) C.-Y. Hsieh and M.H. Ye's Economics, Philosophy and Physics, in the Economic Journal 103, 1350.

Popular Articles

(2008) Of mice and mentors. Times Higher Education, 13 March, 24.

(1990) Madness in the Method. Times Higher Educational Supplement 930, 15 (with O'Donnell, R.M.).