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KAHN, J.A.; LANDSBURG, S.E.; STOCKMAN, A.C. - University of Rochester - Center for Economic Research … - 1989

Persistent link: https://www.econbiz.de/10005220926

A logical critique of mathematical formalism in economics

Dennis, Ken - In: Journal of Economic Methodology 3 (1996) 1, pp. 151-169

Mathematical economic theory is lacking in logical rigour. Even if the mathematics used in constructing formal economic … theory is rigorous as pure mathematics, economic theory possesses both mathematical and non-mathematical components. But … mathematical reductionism fails to formalize the non-mathematical components of economic theory, and the method of numerics …

Persistent link: https://www.econbiz.de/10009219429

Models and theories

Leijonhufvud, Axel - In: Journal of Economic Methodology 4 (1997) 2, pp. 193-198

Economic theories are systems of beliefs about the world. Models formalize parts or aspects of theories but leave much of their content out. An example of a component of theories not contained in models are the instructions for how to proceed when a model fails (in Lakatos' terms the 'positive...

Persistent link: https://www.econbiz.de/10009219466

A logical critique of mathematical formalism in economics

Dennis, Ken - In: Journal of Economic Methodology 2 (1995) 2, pp. 181-200

Persistent link: https://www.econbiz.de/10009219473

Is the tatonnement hypothesis a good caricature of market forces?

Vroey, Michel De - In: Journal of Economic Methodology 5 (1998) 2, pp. 201-221

Three points are made in this article. First, it is argued that general equilibrium theory should not be limited to the …

Persistent link: https://www.econbiz.de/10009219475

THE STOLPER-SAMUELSON THEOREM: LINKS TO DOMINANT DIAGONALS.

JONES, R.W.; MARJIT, S.; MITRA, T. - University of Rochester - Center for Economic Research … - 1990

Persistent link: https://www.econbiz.de/10005808116

Economics in the lab: Completeness vs. testability

Guala, Francesco - In: Journal of Economic Methodology 12 (2005) 2, pp. 185-196

domain for economic theory. The first one is used by some experimenters in their skirmishes with economic theorists, and … assumption that the domain of economic theory is more limited than a literal reading of its assumptions would suggest. Of course … point in the direction of the incompleteness of economic theory. Some remarks on the role of methodological arguments …

Persistent link: https://www.econbiz.de/10005496153

THE STOLPER-SAMUELSON THEOREM, THE LEAMER TRIANGLE, AND THE PRODUCED MOBILE FACTOR STRUCTURE.

JONES, R.W.; MARJIT, S. - University of Rochester - Center for Economic Research … - 1990

Persistent link: https://www.econbiz.de/10005698145

Turnpikes.

McKenzie, L.W. - University of Rochester - Center for Economic Research … - 1998

accumulation to the theory of competitive equilibrium over time. Finally I will make some remarks on the relations of this … literature to some recent developments in the theory of economic growth which are often referred to comprehensively as the New … Growth Theory. …

Persistent link: https://www.econbiz.de/10005698152

Consistency and its Converse: an Introduction.

Thomson, W. - University of Rochester - Center for Economic Research … - 1998

This essay is an introduction to the recent literature on the "consistency principle" and its "converse". An allocation rule is consistent if for any problem in its domain of definition and any alternative that it selects for it, then for the associated "reduced problem" obtained by imagining...

Persistent link: https://www.econbiz.de/10005698174