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Explanation plus prediction : the logical focus of project management research

Hair, Joseph F.; Sarstedt, Marko - In: Project management journal 52 (2021) 4, pp. 319-322

Persistent link: https://www.econbiz.de/10012593417

Lesser Degrees of Explanation: Some Implications of F.A. Hayek’s Methodology of Sciences of Complex Phenomena

Scheall, Scott - Center for the History of Political Economy - 2013

From the early-1950s on, F.A. Hayek was concerned with the development of a methodology of sciences that study systems of complex phenomena. Hayek argued that the knowledge that can be acquired about such systems is, in virtue of their complexity (and the comparatively narrow boundaries of human...

Persistent link: https://www.econbiz.de/10010878266

Utilization of Logic and Symbolization in Interpretation Theory

Camelia, Szathmary Miclea; Gheorghe, Bailesteanu; … - In: Ovidius University Annals, Economic Sciences Series XII (2012) 2, pp. 541-546

are three concepts which are always present: explanation, prediction and argumentation. …

Persistent link: https://www.econbiz.de/10010925918

Functions and mechanisms in structural-modelling explanations

WUNSCH, Guillaume; MOUCHART, Michel; RUSSO, Federica - Center for Operations Research and Econometrics (CORE), … - 2012

One way the social scientists explain phenomena is by building structural models. These models are explanatory insofar as they manage to perform a recursive decomposition on an initial multivariate probability distribution, which can be interpreted as a mechanism. The social scientists should...

Persistent link: https://www.econbiz.de/10010927728

Causal explanations affect judgments of the need for psychological treatment

Kim, Nancy S.; LoSavio, Stefanie T. - In: Judgment and Decision Making 4 (2009) 1, pp. 82-91

Knowing what event precipitated a client's abnormal behaviors makes the client appear more normal than if the event is not known (Meehl, 1973). Does such knowledge also influence judgments of the need for psychological treatment, and if so, does it matter whether the precipitating event was...

Persistent link: https://www.econbiz.de/10005248626

General Model for Automated Diagnosis of Business Performance

Caron, E.A.M.; Daniels, H.A.M. - Erasmus Research Institute of Management (ERIM), ERIM … - 2005

In this paper, we describe an extension of the methodology for explanation generation in financial knowledge … analyses are performed with a diagnostic software application which implements our theory of explanation. Comparison of results … of the classic explanation methodology with the results of the extended methodology shows significant improvements in the …

Persistent link: https://www.econbiz.de/10005288840

Automated detection and explanation of exceptional values in a datamining environment

Daniels, Hennie; Caron, Emiel - Society for Computational Economics - SCE - 2005

built into the conventional OLAP (On-Line Analytical Processing) or datamining system using a generic explanation formalism … system with an explanation formalism, which mimics the work of human decision makers in diagnostic processes. Here diagnosis … is defined as finding the best explanation of unexpected behaviour (symptoms or exceptional values) of a system under …

Persistent link: https://www.econbiz.de/10005343014

Rational choice, functional selection and empty black boxes

Pettit, Philip - In: Journal of Economic Methodology 7 (2001) 1, pp. 33-57

In order to vindicate rational-choice theory as a mode of explaining social patterns in general - social patterns beyond the narrow range of economic behaviour - we have to recognize the legitimacy of explaining the resilience of certain patterns of behaviour: that is, explaining, not...

Persistent link: https://www.econbiz.de/10009215351

Filling in the Background

Runde, Jochen - In: Journal of Economic Methodology 9 (2001) 1, pp. 11-30

Commonsense rational choice explanations exploit a form of intentional causation, an idealized version of which underpins the formal rational modelling of modern economic theory. Following John Searle, it is argued that the deliberations and activities of economic actors do not bottom out in...

Persistent link: https://www.econbiz.de/10009215362

Neuroeconomics: more than inspiration, less than revolution

Aydinonat, N. Emrah - In: Journal of Economic Methodology 17 (2010) 2, pp. 159-169

Gul and Pesendorfer (2008) argue that neuroeconomics is evidentially and explanatorily irrelevant to economics, because neuroeconomics and economics ask different questions and utilize different abstractions. They suggest neuroeconomics is only relevant as a source of inspiration for economists....

Persistent link: https://www.econbiz.de/10008691585