Northcott, Robert (2018) The efficiency question in economics. [Preprint]

Preview

Text PhilSci 2018.pdf Download (92kB) | Preview

Abstract

Much philosophical attention has been devoted to whether economic models explain, and more generally to how scientific models represent. Yet there is an issue more practically important to economics than either of these, which I label the efficiency question: regardless of how exactly models represent, or of whether their role is explanatory or something else, is current modeling practice an efficient way to achieve these goals – or should research efforts be redirected? In addition to showing how the efficiency question has been relatively neglected, I give two examples of the kind of analysis it requires.

---

Export/Citation:

EndNote | BibTeX | Dublin Core | ASCII/Text Citation (Chicago) | HTML Citation | OpenURL

Social Networking:

Share |

---

Item Type:	Preprint
Creators:	Creators Email ORCID Northcott, Robert r.northcott@bbk.ac.uk
Additional Information:	forthcoming in Philosophy of Science
Keywords:	Economics; models; theory; representation; explanation
Subjects:	Specific Sciences > Economics General Issues > Explanation General Issues > Models and Idealization General Issues > Science and Society General Issues > Science and Policy
Depositing User:	Dr Robert Northcott
Date Deposited:	27 Nov 2018 16:47
Last Modified:	27 Nov 2018 16:47
Item ID:	15385
Subjects:	Specific Sciences > Economics General Issues > Explanation General Issues > Models and Idealization General Issues > Science and Society General Issues > Science and Policy
Date:	27 November 2018
URI:	https://philsci-archive.pitt.edu/id/eprint/15385

Monthly Views for the past 3 years

Monthly Downloads for the past 3 years

Plum Analytics

Actions (login required)

View Item