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Progress in Model-Based Sciences: Reframing the Relationship Between Horizontal and Vertical Progress in Economics

Peruzzi, Edoardo (2026) Progress in Model-Based Sciences: Reframing the Relationship Between Horizontal and Vertical Progress in Economics. In: UNSPECIFIED.

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Abstract

Scientific progress in model-based fields has received relatively little attention. One exception is Grüne-Yanoff and Marchionni (2025), who argue that economics, and model-based sciences more generally, progresses primarily horizontally through the accumulation of models. However, their account leaves unclear how horizontal and vertical progress are related. We argue that their view—linking vertical progress to the replacement of models and horizontal progress to their accumulation—is misleading. Focusing instead on theoretical templates, understood as intermediate representational structures generating families of models, we propose a unified framework that further clarifies their account: vertical progress as systematic development within model families, and horizontal progress as the introduction of new templates that serve for model construction.


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Item Type: Conference or Workshop Item (UNSPECIFIED)
Creators:
CreatorsEmailORCID
Peruzzi, Edoardoedoardoperuzzi96@gmail.com0000-0002-9379-4019
Additional Information: Conditionally accepted for publication in the PSA 2026 Contributed Paper Proceedings.
Keywords: progress, model-based science, economic models, theoretical template, deidealization, model construction
Subjects: Specific Sciences > Economics
General Issues > Explanation
General Issues > Models and Idealization
Depositing User: Dr. Edoardo Peruzzi
Date Deposited: 09 Jun 2026 11:34
Last Modified: 09 Jun 2026 11:34
Item ID: 30012
Subjects: Specific Sciences > Economics
General Issues > Explanation
General Issues > Models and Idealization
Date: 8 June 2026
URI: https://philsci-archive.pitt.edu/id/eprint/30012

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