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The metrology literature neglects a strong empirical measurement tradition in economics, which is different from the traditions as accounted for by the formalist representational theory of measurement. This empirical tradition comes closest to Mari's characterization of measurement in which he...
Persistent link: https://www.econbiz.de/10014206294
The kinds of models discussed in this paper function as measuring instruments. We will concentrate on two necessary steps for measurement: (1) one should search for a mathematical representation of the phenomenon; (2) this representation about the phenomenon should cover an invariant...
Persistent link: https://www.econbiz.de/10014206355