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a fundamental and equally enduring problem: "Economic theory has suffered in the past from a failure to state clearly … its assumptions. Economists in building up a theory have often omitted to examine the foundations on which it was erected … a lack of knowledge of the assumptions on which a theory is based, but also because of the extreme importance for …
Persistent link: https://www.econbiz.de/10005260243
Persistent link: https://www.econbiz.de/10009396507
Two abstract and computational models of the long-term process of science are proposed: AMS and HAMS. An outline specification of each model is given and the relationship between them explained. AMS takes an Olympian (\"artificial world\") view of science and its processes. HAMS is simpler and...
Persistent link: https://www.econbiz.de/10009358520
The extinction of polar bears by the end of the 21st century has been predicted and calls have been made to list them as a threatened species under the U.S. Endangered Species Act. The decision on whether or not to list rests upon forecasts of what will happen to the bears over the 21st Century....
Persistent link: https://www.econbiz.de/10005836045
This essay examines the role of data and program-code archives in making economic research 'replicable.' Replication of published results is recognized as an essential part of the scientific method. Yet, historically, both the 'demand for' and 'supply of' replicable results in economics has been...
Persistent link: https://www.econbiz.de/10005462985
assumptions or rational choice theory on which much of social scientism is built. Critics of the natural science ideal in the … rational choice theory argue that it is a reductionism that does not account for a significant proportion of human actions and …. This paper however posits that rationalist assumptions or rational choice theory is not peculiar to social scientism but …
Persistent link: https://www.econbiz.de/10005412537
a test and logical deduction of our illustrative theory: Cancer rates on Prince Edward Island have dramatically … conclude our theory is true and, in order to complete our demonstration of Popper's methods, open this theory to criticism and …
Persistent link: https://www.econbiz.de/10005621798
In reply to Graham, Johnson and Schnabel (1977), we point out that they have raised a relatively difficult question in scientific method. Provided our earlier work is accepted as operating in the context of the two-period model, we reassert that it revealed no anomalous evidence.
Persistent link: https://www.econbiz.de/10010769565
Green and Shapiro have argued that rational choice theory has produced virtually no new propositions about politics … that have been carefully tested and not found wanting; and that an empirically successful rational choice theory would be … claim that rational choice theory has made no empirical contributions. Second, there is empirically confirmed content …
Persistent link: https://www.econbiz.de/10010778058
theory and also analysis of its essential characteristics and functional specific features. In order to clarify the essence … main attributes. It shows that refusal of the modern economic theory to use the dialectical method limits its …
Persistent link: https://www.econbiz.de/10010713938