Northcott, Robert (2018) The efficiency question in economics. Philosophy of Science 85 (5), pp. 1140-1151. ISSN 0031-8248.
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Abstract
Much philosophical attention has been devoted to whether economic models explain, and more generally to how scientific models represent. Yet there is an issue more practically important to economics than either of these, which I label the efficiency question: regardless of how exactly models represent, or of whether their role is explanatory or something else, is current modeling practice an efficient way to achieve these goals – or should research efforts be redirected? In addition to showing how the efficiency question has been relatively neglected, I give two examples of the kind of analysis it requires.
Metadata
| Item Type: | Article |
|---|---|
| School: | Birkbeck Faculties and Schools > Faculty of Humanities and Social Sciences > School of Historical Studies |
| Depositing User: | Robert Northcott |
| Date Deposited: | 25 Jan 2018 09:29 |
| Last Modified: | 02 Aug 2023 17:38 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/20999 |
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