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generally confuse explanation and prediction. Specifically, while almost all authors rely solely on explanatory power …
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Klein and Romero’s (2007, Econ Journal Watch) use of the terms “theory†and “model†seems at considerable variance from other common uses, suggesting that divergent usage by economist-authors may confront readers with substantial ambiguity. Clarity and understanding...
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in your explanation? We examine the 66 regular articles appearing in the 2004 issues of Journal of Economic Theoryâ …
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