The Methodology of Economic Model Building (Routledge Revivals)

Methodology after Samuelson

By:

Lawrence A Boland

Format:

Hardback

Series:

Routledge Revivals

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Description

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.

Release date Australia

April 17th, 2014

Author

Lawrence A Boland

Audience

Tertiary Education (US: College)

Pages

208

Series

Routledge Revivals

ISBN-13

9781138776302

Product ID

21858465

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