Good and bad justifications of analytical modelling

Sugden, Robert (2023) Good and bad justifications of analytical modelling. Journal of Economic Methodology. ISSN 1350-178X

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Abstract

Gilboa, Postlewaite, Samuelson and Schmeidler (2022, Economic theories and their dueling interpretations. Journal of Economic Methodology, 1–20. https://doi.org/10.1080/1350178X.2022.2142270; henceforth GPSS) give a ‘sociological’ account of various ways in which economists claim to find value in ‘analytical’ models–i.e. models that investigate formal relationships between concepts without deriving substantive empirical or normative conclusions. In this paper, I argue that some of the claims that GPSS report economists as making are defensible, but that others are used in support of modelling strategies that have little or no scientific value.

Item Type: Article
Uncontrolled Keywords: economic methodology,analytical models,economics,economic methodology,models,modelling,economics, econometrics and finance(all),economics, econometrics and finance (miscellaneous),3*,journal of economic methodology is the leading field journal for economic methodology. i have an international reputation in the methodology of theoretical modelling in economics. ,/dk/atira/pure/subjectarea/asjc/2000
Faculty \ School: Faculty of Social Sciences > School of Economics
UEA Research Groups: Faculty of Social Sciences > Research Centres > Centre for Behavioural and Experimental Social Sciences
Faculty of Social Sciences > Research Centres > Centre for Competition Policy
Faculty of Social Sciences > Research Groups > Behavioural Economics
Faculty of Social Sciences > Research Groups > Economic Theory
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Depositing User: LivePure Connector
Date Deposited: 24 Oct 2023 01:46
Last Modified: 28 Nov 2023 02:58
URI: https://ueaeprints.uea.ac.uk/id/eprint/93451
DOI: 10.1080/1350178X.2023.2275584

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