The Methodology of Economic Model Building (Routledge Revivals): Methodology after Samuelson - Hardcover

Boland, Lawrence A.

Hardcover

ISBN 10: 1138776300 ISBN 13: 9781138776302

Publisher: Routledge, 2014

Synopsis

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.

About this title

About the Author

Lawrence A. Boland

Edition details

• Publisher: Routledge
• Publication date: 2014
• Language: English
• ISBN 10: 1138776300
• ISBN 13: 9781138776302
• Binding: Hardcover
• Edition number: 1
• Number of pages: 208