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Routledge - The Methodology of Economic Model Building

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Description

Understand the fundamental challenges of economic theory with The Methodology of Economic Model Building by Lawrence Boland. This Routledge Revival edition explores the critical task modern economists face: establishing the testability of models. Many theoretical assumptions can make a model nearly impossible to test, even in ideal conditions, yet the specific requirements for ensuring testability are often overlooked. Based on a research project spanning over twenty years, Boland examines how the philosophy of Karl Popper is applied within the field. This book provides a deep look into methodological debates and the practical problems of assuring that economic models can be validated through testing. It is an essential resource for those studying econometrics, economic philosophy, and the structural foundations of modern economic thought.

Key Features

Explores the essential task of establishing model testability in modern economics.

Analyzes the impact of methodological assumptions on the testing of economic models.

Presents research findings from a comprehensive twenty-year study by Lawrence Boland.

Examines the application of Karl Popper's philosophy within economic theory.

Provides insight into the requirements and problems of assuring model validity.

Part of the Routledge Revivals series for access to significant academic works.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
17 April 2014
Listed Since
23 November 2013

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