The Methodology Of Economic Model Building Routledge Revivals
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Author |
: Lawrence A. Boland |
Publisher |
: Routledge |
Total Pages |
: 209 |
Release |
: 2014-05-01 |
ISBN-10 |
: 9781317680963 |
ISBN-13 |
: 1317680960 |
Rating |
: 4/5 (63 Downloads) |
Synopsis The Methodology of Economic Model Building (Routledge Revivals) by : Lawrence A. Boland
The major methodological task for modern economists has been to establish the testability of models. Too often, however, methodological assumptions can make a model virtually impossible to test even under ideal conditions, yet few theorists have examined the requirements and problems of assuring testability in economics. In The Methodology of Economic Model Building, first published in 1989, Lawrence Boland presents the results of a research project that spanned more than twenty years. He examines how economists have applied the philosophy of Karl Popper, relating methodological debates about falsifiability to wider discussions about the truth status of models in natural and social sciences. He concludes that model building in economics reflects more the methodological prescriptions of the economist Paul Samuelson than Popper’s ‘falsificationism’. This title will prove invaluable to both students and researchers, and represents a substantial contribution to debates about the scientific status of economics.
Author |
: Lawrence A. Boland |
Publisher |
: Routledge |
Total Pages |
: 202 |
Release |
: 2014-06-03 |
ISBN-10 |
: 9781317680901 |
ISBN-13 |
: 1317680901 |
Rating |
: 4/5 (01 Downloads) |
Synopsis Methodology for a New Microeconomics (Routledge Revivals) by : Lawrence A. Boland
First published in 1986, this title argues that the successful development of a new microeconomics requires a deeper understanding of methodological individualism and its role in stability analysis. Lawrence Boland expounds a critique of neoclassical models, which, he contends, often fail to include an explicit stability analysis. He demonstrates that much of the sophisticated theoretical literature over the past thirty years can be understood as ad hoc attempts to overcome the deficiencies of such models in the absence of cogent stability analyses. In conclusion, he explains the need to update the theory taught at universities, and to develop a truly individualist version of microeconomics that is consistent with the methodological principles of major neoclassical models. An important contribution to economic methodology, this work is a highly valuable resource for all students and teachers of economics at the undergraduate level.
Author |
: Lawrence A. Boland |
Publisher |
: |
Total Pages |
: 194 |
Release |
: 1991 |
ISBN-10 |
: 0415064627 |
ISBN-13 |
: 9780415064620 |
Rating |
: 4/5 (27 Downloads) |
Synopsis The Methodology of Economic Model Building by : Lawrence A. Boland
Model building has been the backbone of modern economic theory over the last 25 years, and the major methodological task for each model builder has been to establish the testability of each model developed. Too often, though, seemingly innocent modelling assumptions can make a model virtually impossible to test, even under ideal conditions, yet few economic theorists have examined the methodological requirements and problems of assuring testability in economics. Lawrence Boland considers how economists have applied Popper's views on the need for error-detection and testability theories in science. The methodological debates these theories have inspired are related to wider debates on empiricism and the truth status of models in the natural and social sciences. He concludes by arguing that the practice of model building in economics reflects the methodological prescriptions of Samuelson more than the falsification theory usually attributed to Popper.
Author |
: Lawrence Arthur Boland |
Publisher |
: |
Total Pages |
: 170 |
Release |
: 1966 |
ISBN-10 |
: OCLC:55151623 |
ISBN-13 |
: |
Rating |
: 4/5 (23 Downloads) |
Synopsis On the Methodology of Economic Model Building by : Lawrence Arthur Boland
Author |
: Colin Harbury |
Publisher |
: Routledge |
Total Pages |
: 322 |
Release |
: 2013-10-11 |
ISBN-10 |
: 9781136646164 |
ISBN-13 |
: 1136646167 |
Rating |
: 4/5 (64 Downloads) |
Synopsis Economic Behaviour (Routledge Revivals) by : Colin Harbury
First published in 1980, Economic Behaviour: An Introduction has been written specifically to speed up the settling-in process of students new to the subject of economics. It starts at the shallow end with the family budget and proceeds via an examination of business decision-taking to the analysis of supply and demand in goods and factor markets. The second half of the book deals with the major macroeconomic aggregates, national income, employment and the price level – giving both Keynesian and Monetarist approaches a fair hearing. The book ends with two chapters on economic policy and concludes with a chapter on methods of building and testing economic models – a subject which is both interesting and useful by the time students have grasped the essence of economic analysis. Throughout, the author makes economics relevant and at the same time presents basic theoretical techniques of analysis and controversies in a manner which makes translation to one of the major standard theory texts as smooth as possible.
Author |
: Lawrence A. Boland |
Publisher |
: Cambridge University Press |
Total Pages |
: 297 |
Release |
: 2014-09-15 |
ISBN-10 |
: 9781316061046 |
ISBN-13 |
: 1316061043 |
Rating |
: 4/5 (46 Downloads) |
Synopsis Model Building in Economics by : Lawrence A. Boland
Concern about the role and the limits of modeling has heightened after repeated questions were raised regarding the dependability and suitability of the models that were used in the run-up to the 2008 financial crash. In this book, Lawrence Boland provides an overview of the practices of and the problems faced by model builders to explain the nature of models, the modeling process, and the possibility for and nature of their testing. In a reflective manner, the author raises serious questions about the assumptions and judgments that model builders make in constructing models. In making his case, he examines the traditional microeconomics-macroeconomics separation with regard to how theoretical models are built and used and how they interact, paying particular attention to the use of equilibrium concepts in macroeconomic models and game theory and to the challenges involved in building empirical models, testing models, and using models to test theoretical explanations.
Author |
: Gómez Vilchez, Jonatan J. |
Publisher |
: KIT Scientific Publishing |
Total Pages |
: 350 |
Release |
: 2019-06-25 |
ISBN-10 |
: 9783731509141 |
ISBN-13 |
: 3731509148 |
Rating |
: 4/5 (41 Downloads) |
Synopsis The Impact of Electric Cars on Oil Demand and Greenhouse Gas Emissions in Key Markets by : Gómez Vilchez, Jonatan J.
Author |
: Frank Neal |
Publisher |
: |
Total Pages |
: 0 |
Release |
: 1976 |
ISBN-10 |
: LCCN:76079552 |
ISBN-13 |
: |
Rating |
: 4/5 (52 Downloads) |
Synopsis Economic Model Building by : Frank Neal
Author |
: Hsiang-Ke Chao |
Publisher |
: Routledge |
Total Pages |
: 176 |
Release |
: 2020-04-08 |
ISBN-10 |
: 9781134230204 |
ISBN-13 |
: 1134230206 |
Rating |
: 4/5 (04 Downloads) |
Synopsis Representation and Structure in Economics by : Hsiang-Ke Chao
This book provides a methodological perspective on understanding the essential roles of econometric models in the theory and practice. Offering a comprehensive and comparative exposition of the accounts of models in both econometrics and philosophy of science, this work shows how econometrics and philosophy of science are interconnected while exploring the methodological insight of econometric modelling that can be added to modern philosophical thought. The notion of structure is thoroughly discussed throughout the book. The studies of the consumption function of Trygve Haavelmo, Richard Stone, Milton Friedman, David Hendry and Robert Lucas are taken as the case studies to investigate their methodological implications of model and structure. In addition to the semantic view of the scientific theories, various philosophical accounts concerning scientific models are used to shed light on the methodological nature of these consumption studies in economics. This book will be of great interest to scholars and students of methodology of economics and econometrics as well as anyone interested in the philosophy of science in an economic context.
Author |
: The Late Frederic S. Lee |
Publisher |
: Edward Elgar Publishing |
Total Pages |
: 629 |
Release |
: 2016-04-29 |
ISBN-10 |
: 9781782548461 |
ISBN-13 |
: 1782548467 |
Rating |
: 4/5 (61 Downloads) |
Synopsis Handbook of Research Methods and Applications in Heterodox Economics by : The Late Frederic S. Lee
Despite the important methodological critiques of the mainstream offered by heterodox economics, the dominant research method taught in heterodox programmes remains econometrics. This compelling Handbook provides a comprehensive introduction to a range of alternative research methods, invaluable for analysing the data prominent in heterodox studies. Providing a solid basis for a mixed methods approach to economic investigations, the expertly crafted contributions are split into three distinct sections: philosophical foundation and research strategy, research methods and data collection, and applications. Introductions to a host of invaluable methods such as survey, historical, ethnographic, experimental and mixed approaches, together with factor, cluster, complex and social network analytics, are complemented by descriptions of applications in practice. Practical and expansive, this Handbook is highly pertinent for students and scholars of economics, particularly those dedicated to heterodox approaches, as it provides a solid reference for mixed methods not available in mainstream economics research methods courses.