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After answering relatively minor criticisms of The Inexact and Separate Science of Economics by Geert Reuten and Uskali Maki, this essay grants their main charge that I could not sensibly defend the way economists assess theories while at the same time criticizing their insistence that economic...
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This paper considers whether game theory can be tested, what difficulties experimenters face in testing it, and what can be learned from attempts to test it. I emphasize that tests of game theory rely on fallible assumptions concerning particular features of the strategic situation and of the...
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This comment argues that there is an explanation paradox in economics, as Julian Reiss maintains, only if models in economics succeed in explaining even though they are not approximately true, fail to identify the causes of what they purport to explain, and misdescribe the mechanism by which the...
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