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What makes economics special: orientational paradigms

Hoyningen-Huene, Paul and Kincaid, Harold (2023) What makes economics special: orientational paradigms. Journal of Economic Methodology.

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Abstract

From the mid-1960s until the late 1980s, the well-known general
philosophies of science of the time were applied to economics. The
result was disappointing: none seemed to fit. This paper argues that
this is due to a special feature of economics: it possesses ‘orientational
paradigms’ in high number. Orientational paradigms are similar to
Kuhn’s paradigms in that they are shared across scientific communities,
but dissimilar to Kuhn’s paradigms in that they are not generally
accepted as valid guidelines for further research. As will be shown by
several examples, orientational paradigms provide economics with
common points of reference that support its epistemic coherence and
make scientific discourse more easily possible across school boundaries.
With the help of systematicity theory, a newer general philosophy of
science, one can further elucidate the role of orientational paradigms
with regard to scientific progress.


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Item Type: Published Article or Volume
Creators:
CreatorsEmailORCID
Hoyningen-Huene, Paulhoyningen@ww.uni-hannover.de
Kincaid, Haroldkincaidharold592@gmail.com
Keywords: Orientational paradigms; systematicity theory; Thomas Kuhn; production and exchange models; utility theory; experimental economics
Subjects: Specific Sciences > Economics
Depositing User: Dr. Paul Hoyningen-Huene
Date Deposited: 29 Mar 2023 18:21
Last Modified: 29 Mar 2023 18:21
Item ID: 21946
Journal or Publication Title: Journal of Economic Methodology
DOI or Unique Handle: https://doi.org/10.1080/1350178X.2023.2192231
Subjects: Specific Sciences > Economics
Date: 2023
URI: https://philsci-archive.pitt.edu/id/eprint/21946

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