Intellectual Path Dependence in Economics: Why economists do not reject refuted theories - Image 1

£131.92

Routledge Intellectual Path Dependence in Economics: Why economists do not reject refuted theories

Name: Intellectual Path Dependence in Economics: Why economists do not reject refuted theories
Brand: Routledge
Price: 131.92 GBP
Availability: InStock

Business & Economic History

This is the most expensive it has ever been. Walk away.

£132 today · previous high £132 · all-time low £124

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↓ Price chart
when this has been cheap or pricey

↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

↑ Price alert
name your number, we'll email you

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 578 days • 578 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 578 days • 4 price levels

Days at Price

Current Price

Price Analysis

Most common price: £127 (289 days, 50.0%)

Price range: £124 - £132

Price levels: 4 different prices over 578 days

Description

Is economics always self-corrective? Do erroneous theorems permanently disappear from the market of economic ideas? Intellectual Path Dependence in Economics argues that errors in economics are not always corrected. Although economists are often critical and open-minded, unfit explanations are nonetheless able to reproduce themselves. The problem is that theorems sometimes survive the intellectual challenges in the market of economic ideas even when they are falsified or invalidated by criticism and an abundance of counter-evidence. A key question which often gets little or no attention is: why do economists not reject theories when they have been refuted by evidence and falsified by philosophical reasoning? This book explores the answer to this question by examining the phenomenon of intellectual path dependence in the history of economic thought. It argues that the key reason why economists do not reject refuted theories is the epistemic costs of starting to use new theories. Epistemic costs are primarily the costs of scarcity of the most valued element in academic production: time. Epistemic scarcity overwhelmingly dominates the evolution of scientific research in such a way that when researchers start off a new research project, they allocate time between replicable and un-replicable research. This book is essential reading for anyone interested in the methodology, philosophy and history of economics.

Product Specifications

Brand: Routledge
Format: hardcover
ASIN: 1138016179
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 06 April 2016
Listed Since: 19 August 2015

Barcode

No barcode data available

Routledge Intellectual Path Dependence in Economics: Why economists do not reject refuted theories

This is the most expensive it has ever been. Walk away.

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Economics for Policy Makers: A Guide for Non-Economists

Advancing Pluralism in Teaching Economics: International Perspectives on a Textbook Science (Routledge Advances in Heterodox Economics)

Democratizing the Economics Debate: Pluralism and Research Evaluation (Young Feltrinelli Prize in the Moral Sciences)

On the Reliability of Economic Models: Essays in the Philosophy of Economics: 42 (Recent Economic Thought, 42)

On the Reliability of Economic Models: Essays in the Philosophy of Economics: 42 (Recent Economic Thought, 42)

Reason and Reality in the Methodologies of Economics: An Introduction (Advances in Economic Methodology series)

Economic Objects and the Objects of Economics: 3 (Virtues and Economics, 3)

The Concept of Equilibrium in Different Economic Traditions: An Historical Investigation

Teaching Innovations in Economics: Strategies and Applications for Interactive Instruction

Economic methodology: an inquiry

Economic Theory in the Twentieth Century, An Intellectual History―Volume II: 1919–1945. Economic Theory in an Age of Crisis and Uncertainty: 2

An International Perspective on Economic Education

The Handbook of Economic Methodology

Economics as an Empirical Social Science: An Inventory

Essential Foundations of Economics plus MyEconLab plus eBook 1-semester Student Access Kit

A Contemporary Historiography of Economics (Routledge Studies in the History of Economics)

The Skeptical Economist: Revealing the Ethics Inside Economics

The Inexact and Separate Science of Economics

From Political Economy to Economics: Method, the social and the historical in the evolution of economic theory (Economics as Social Theory)

Economic Theory in the Twentieth Century, An Intellectual History - Volume I: 1890-1918. Economics in the Golden Age of Capitalism: 1

Who’s Who in Economics, Third Edition

Economics and the Philosophy of Science

The Art and Practice of Economics Research: Lessons from Leading Minds

Research in the History of Economic Thought and Methodology: A Research Annual: 24, Part A