Showing 1 - 10 of 39
proceed when a model fails (in Lakatos' terms the 'positive heuristic'). Mathematization gives precision of statement but not …
Persistent link: https://www.econbiz.de/10009219466
A model is a representation of something beyond itself in the sense of being used as a representative of that something …, and in prompting questions of resemblance between the model and that something. Models are substitute systems that are …
Persistent link: https://www.econbiz.de/10005141342
-data confrontations. Applying his semantic methodology to the LSE (London School of Economics) approach of econometrics, he concludes that …
Persistent link: https://www.econbiz.de/10005141348
This paper addresses the link between the generation of economic knowledge and economic policy conclusions. Focusing on the case of research in international trade, It establishes a taxonomy of rhetorical practices used to make such a link. The flexibility observed in these practices contrasts...
Persistent link: https://www.econbiz.de/10009215379
Economists have often attempted precise measurement of phenomena which involve vague predicates. Difficulties emerge in such attempts if vagueness is not explicitly acknowledged at the methodological level. In this paper, various accounts of vague concepts are used to think about the economics...
Persistent link: https://www.econbiz.de/10009215384
The paper examines whether interpersonal comparisons of utility have to be interpreted as positive, normative or value-laden. It suggests first that recent arguments advanced by John Davis which appeal to the functional role of utility comparisons neither suffice to characterise utility...
Persistent link: https://www.econbiz.de/10009219361
Austrians have never linked those criticisms to gender. Both groups argue that the attempt to mimic the methods of the natural …
Persistent link: https://www.econbiz.de/10009219367
Most economists will agree that Milton Friedman is a brilliant economist. Yet, the majority assessment is that his work is ideologically flawed, and that the Marshallian economics he advocates has been superseded by Walrasian economics. In this paper I argue that the reason for this negative...
Persistent link: https://www.econbiz.de/10009219370
they derive from a formally correct model consistent with certain types of (often aggregate) data. The rational addiction …
Persistent link: https://www.econbiz.de/10009219402
This paper outlines some of the main methodological issues to arise in macroeconomics, making the case that the methodological issues arising in macroeconomics are just as important as those arising in microeconomics and that they merit more attention. Focusing on the symposium to which it forms...
Persistent link: https://www.econbiz.de/10009219470