Assessing Causal Economic Explanations.
Recent years have witnessed a growing interest in causal realism in the methodology of economics. Some of this literature reflects a strong skepticism about the existence of sharp event-regularities or 'laws' in the economic realm and, accordingly, about the prospects for the covering-law approach to explanation that dominates modern economic theory. This paper outlines an alternative, causal, approach to economic explanation and attempts to answer an important question often asked about it: how should causal economic explanations be assessed? Copyright 1998 by Royal Economic Society.
Year of publication: |
1998
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Authors: | Runde, Jochen |
Published in: |
Oxford Economic Papers. - Oxford University Press. - Vol. 50.1998, 2, p. 151-72
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Publisher: |
Oxford University Press |
Saved in:
Saved in favorites
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