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The Scientific Practices of Economics and the Emergence of Behavioral Economics

Tomer, John F. - 2016

Behavioral economics emerged in the second half of the 20th century and has become an important social science research area. Some have argued that the emergence of behavioral economics (BE) amounts to a scientific revolution. That is, they argue that BE is becoming or has become the new,...

Persistent link: https://www.econbiz.de/10013000173

Philosophy of Economics? Three Decades of Bibliometric History

Claveau, François; Truc, Alexandre; Santerre, Olivier; … - 2021

Using bibliometric data and social network analysis, this chapter maps the intellectual output of two philosophies or methodologies of economics since the early 1990s. The first set of research stems from the specialized field. We show that the existing interpretive literature captures...

Persistent link: https://www.econbiz.de/10013242443

Chapter 22. RBC Methodology and the Development of Aggregate Economic Theory

Prescott, E.C. - In: Handbook of macroeconomics : volume 2, v. 2A-2B SET, (pp. 1759-1787). 2016

This essay reviews the development of neoclassical growth theory, a unified theory of aggregate economic phenomena that … was first used to study business cycles and aggregate labor supply. Subsequently, the theory has been used to understand …—evidence that the theory has a life of its own, directing researchers to essentially the same conclusions when they apply its …

Persistent link: https://www.econbiz.de/10014024293

Is it Economics? The Case for a Broad Approach to Economics Research

Birks, K. Stuart - 2011

research; ii) “econometrics as history”; iii) theory as analogy; iv) questions for policy; v) data availability; and vi …

Persistent link: https://www.econbiz.de/10013123088

Threats to Validity and Reliability in Mixed Methods Accounting Research

Ihantola, Eeva-Mari - 2011

Purpose – The purpose of this study is to shed light on the threats to quality in mixed methods accounting research, wherein quantitative and qualitative approaches are combined in data collection, analysis and interpretation. Design – Our paper is framed according to the following three...

Persistent link: https://www.econbiz.de/10013125110

Of Positivism and the History of Economic Thought

Caldwell, Bruce - 2013

The rhetoric of positivism had a profound effect on the worldview and practice of economists in the middle of the last century. Though this influence has greatly diminished, it still may be found in the attitude of many economists towards the history of their discipline. This paper traces the...

Persistent link: https://www.econbiz.de/10013088819

The role of preferences in disagreements over scientific hypothesis : an empirical inquiry into environmental and economic decision making

Kataria, Mitesh - 2010

The Porter hypothesis suggests that environmental regulations, such as restricting firms to reduce pollution, stimulates innovations and create a win-win situation for the environment and for firms. It has received a great deal of attention from academics as well as bureaucrats who disagree...

Persistent link: https://www.econbiz.de/10008758852

Toward a cognitive science of markets : economic agents as sense-makers

Johnson, Samuel G. B. - 2019

Behavioral economics characterizes decision-makers using psychologically-informed models. Cognitive science produces psychologically-informed models. Why don't these disciplines talk more? Here, the author presents several arguments for why cognitive science should inform behavioral economics -...

Persistent link: https://www.econbiz.de/10011976074

Ricardian inference : Charles S. Peirce, economics, and scientific method

Hoover, Kevin D.; Wible, James R. - 2017 - Revised, 10 July 2017

Standard histories of economics usually treat the "marginal revolution" of the midnineteenth century as both supplanting the "classical" economics of Smith and Ricardo and as advancing the idea of economics as a mathematical science. The marginalists - especially Jevons and Walras - viewed...

Persistent link: https://www.econbiz.de/10011695287

A Hayekian explanation of Hayek's "epistemic turn"

Scheall, Scott - 2014

theory of belief revision, the development of an approach less susceptible to the same disappointment. …

Persistent link: https://www.econbiz.de/10011706625