Bringing together a collection of leading contributors to this new methodological thinking, the authors explain how it differs from the past and point towards further concerns and future issues. The recent research programs explored include behavioral and experimental economics, neuroeconomics,...

The modelling of bounded rationality is currently pursued by approaches that exhibit a wide diversity of methodologies. This special issue collects five contributions that discuss different methodological aspects of these approaches. In our introduction, we map the variety of methodological...

Many social science disciplines suffer from a tradition of tolerating vaguely formulated theoretical claims. The authors report a case study of the explanatory claims made in an emerging knowledge-based theory of clusters proposed by the economic geographers Malmberg and Maskell. In doing so...

The contrastive approach to explanation is employed to shed light on the issue of the unrealisticness of models and their assumptions in economics. If we take explanations to be answers to contrastive questions of the form, then unrealistic elements such as omissions and idealizations are (at...