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The purpose of this paper is to provide an overview of the paradigmatic context and structure of the current theories and controversies in mainstream academic finance. It identifies the context among paradigms and the structure within the identified paradigm. The paper is based on the view that...
Persistent link: https://www.econbiz.de/10008676532
Many of the early debates about economic methodology, marginalism versus discontinuous change, stasis versus turbulence …, co‐operation versus competition, were at base questions of general scientific methodology. During the past 20 years or so … analyse some past controversies in economic methodology in the light of recent developments in evolutionary biology.  …
Persistent link: https://www.econbiz.de/10014806749
Economics, as one of the cultural and historical sciences, is responsible for the investigation of the meaningful relation between the whole and the parts, based on organic linking and not on the mechanical‐causal relationship. The relevant contributions of the leading holistic school of...
Persistent link: https://www.econbiz.de/10014806753
rationalistic methodology which utilizes deductive logic to deduce conclusions concerning economic behavior from postulates, which … a methodology which combines deductive rationalism as a method of deriving substantive hypotheses and inductive … empiricism as a method of verifying these hypotheses. Institutionalism is a pragmatic methodology which is based on an empirical …
Persistent link: https://www.econbiz.de/10014806800
Looks at the differences in new and old methodology with regard to economics and discusses the theories laid down by …
Persistent link: https://www.econbiz.de/10014805027
The purpose of this paper is to provide an overview of the paradigmatic context and structure of the current theories and controversies in mainstream academic finance. It identifies the context among paradigms and the structure within the identified paradigm. The paper is based on the view that...
Persistent link: https://www.econbiz.de/10014805120
only observable data can be employed as the starting point for the true development of science. His own position in … methodology, more oriented towards scientific dualism and a deductivistic procedure as the main tool to elaborate theories …
Persistent link: https://www.econbiz.de/10014805952
conservatism. Focuses on his methodology, view of human nature, perception of change, and his thoughts on the State and society …
Persistent link: https://www.econbiz.de/10014805965
Contrasts the methodologies and policy implications of the respective theories of John Maynard Keynes and Alvin Hansen. Keynes used a rationalistic epistemology and deductive logic to deduce a pure theory of employment which implied that monetary policy would be an appropriate remedy for...
Persistent link: https://www.econbiz.de/10014806001
methodology.  …
Persistent link: https://www.econbiz.de/10014806004