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This paper discusses relevance in development studies. We argue that current debates around relevance assume a … feel relevance can be pluralized and radicalized, but that this requires us to be ideologically transparent and to examine … rigour. Positivistic criteria imply a distinctive form of rationality, but if rationality is also pluralized then alternative …
Persistent link: https://www.econbiz.de/10011138874
purports to explain, and that the story of the model fails minimal requirements of factual relevance and intuitiveness. Our …
Persistent link: https://www.econbiz.de/10008484366
In Albers & Albers (Spring, 2013) we demonstrated that the historic development of U.S. real GNP, 1869-present, may be structured in recurring 14-year periods. A steady-state rate of growth of 3.4969% is thereby calculated, generating an increase in real GNP proportional to the famous “Golden...
Persistent link: https://www.econbiz.de/10011260122
This volume – Predicting Crisis: Five Essays on the Mathematic Prediction of Economic and Social Crises – is the first of three sets of essays. In this first set the economic and social history of the United States is shown to be a “system of movement,” i.e. a logical and mathematic...
Persistent link: https://www.econbiz.de/10011260672
We introduce a “reason-based” way of rationalizing an agent’s choice behaviour, which explains choices by specifying which properties of the options or choice context the agent cares about (the “motivationally salient properties”) and how he or she cares about these properties (the...
Persistent link: https://www.econbiz.de/10011260696
The development of a mechanistic analytical approach – since mid-19th century to WWI, and beyond – is a well-known story in European economic thought, the story of Cournot, Jevons, Walras, Edgeworth, Pareto, and many others. We could refer to this tradition as “mathematical deductivism”,...
Persistent link: https://www.econbiz.de/10005076646
In the homogeneous case of one type of goods or objects, we prove the existence of an additive utility function without assuming transitivity of indifference and independence. The representation reveals a positive factor smaller than 1 that infuences rational choice beyond the utility function...
Persistent link: https://www.econbiz.de/10005704870
Persistent link: https://www.econbiz.de/10005772032
This paper is a survey which describes and explains in non-technical terms the logic behind various methodologies used in conducting retrospective quantitative evaluations of public policy programs. The programs usually have as their main targets firms or individuals who benefit from direct...
Persistent link: https://www.econbiz.de/10005545820
The purpose of the System Dynamics method is to study the relationship between structure and behavior in non-linear, dynamic systems. In such systems, the significance of various structural components to the behavior pattern exhibited, changes as the behavior unfolds. Changes in structural...
Persistent link: https://www.econbiz.de/10009147691