Models, Mathematics, and Methodology in Economic Explanation - Hardcover

Katzner, Donald W.

Hardcover

ISBN 10: 1108418775 ISBN 13: 9781108418775

Publisher: Cambridge University Press, 2017

Synopsis

This book provides a practitioner's foundation for the process of explanatory model building, breaking down that process into five stages. Donald W. Katzner presents a concrete example with unquantified variable values to show how the five-stage procedure works. He describes what is involved in explanatory model building for those interested in this practice, while simultaneously providing a guide for those actually engaged in it. The combination of Katzner's focus on modeling and on mathematics, along with his focus on the explanatory performance of modeling, promises to become an important contribution to the field.

About this title

About the Author

Donald W. Katzner is Professor of Economics and former Department Chair at the University of Massachusetts, Amherst. His published research has spanned several areas, including: microeconomic and general equilibrium theory; the methodology of building models and of analyzing phenomena when measures of appropriate variables are neither available nor reasonably constructible; the analysis of uncertain economic phenomena when it is inappropriate to employ notions of probability; the impact of culture on economic behavior; and organizational issues within the economic firm.

Edition details

• Publisher: Cambridge University Press
• Publication date: 2017
• Language: English
• ISBN 10: 1108418775
• ISBN 13: 9781108418775
• Binding: Hardcover
• Number of pages: 258