Search results for " economic methodology"
showing 6 items of 6 documents
“A certain amount of ‘recantation’”: On the origins of Frank H. Knight’s antipositivism
2016
The aim of this paper is to investigate in some detail the origins of Knight’s antipositism and to assess the main influences that brought him to a change in methodological perspective after 1921. As importantly, what follows is also an attempt to increase our general understanding of the methodological debates taking place during the early decades of the last century and to shed new light on the inherently pluralistic character of US interwar economics. This paper is organized as follows: the first section outlines Knight’s methodological views as presented in his early works; the second section discusses Knight’s “recantation” and his attack on behavioristic social science; the third sect…
Le problème du réalisme des hypothèses en économie politique
2010
This is a version, slightly corrected in 2010 with regard to form, of a working paper produced in 1968. Its subject is the problem of the realism of assumptions in economics. It offers an interpretation of Milton Friedman's famous essay of 1953 in which, contrary to most discussions, Friedman's solution to the problem does make sense. Under that interpretation, Friedman does not assert that one should test the consequences of a theory but not its assumptions, that one can predict but not explain, or that individuals behave as if they were rational and firms as if they maximized profits. Such assertions do not make sense and ascribing them to Friedman makes criticism of his position much too…
Review of Marcel Boumans and Matthias Klaes (eds) (2013). Mark Blaug: Rebel with Many Causes. Cheltenham, UK and Northampton, MA, USA: Edward Elgar
2015
Mark Blaug passed away on November 18, 2011. To honor his memory, two events were held in March 2012: a Memorial Conference at the Erasmus Institute for Philosophy and Economics, Rotterdam (NL), and a seminar hosted by the Scottish Centre for Economic Methodology at the University of Glasgow (UK). As Marcel Boumans and Matthias Klaes point out in their editorial Introduction, this book contains a collection of papers given at these two events and includes some additional papers submitted by people who were not able to attend the meetings “at such short notice” (p. 5). In addition, the book carries a Foreword by Alan Peacock and consists of two parts: part I has four chapters—written by John…
An Economic Definition of the City
1998
International audience
The three wives problem and Shapley value
2015
We examine the Talmudic three wives problem, which is a generalization of the Talmudic contested garment problem solved by Aumann and Maschler (1985) using coalitional procedure. This problem has many practical applications. In an attempt to unify all Talmudic methods, Guiasu (2010, 2011) asserts that it can be explained in terms of “run-to-the-bank”, that is, of Shapley value in a “cumulative game”. It can be challenged because the coalitional procedure yields the same result as the nucleolus, which corresponds to a “dual game”. As Guiasu's solution is paradoxical (it has all the appearances of truth), my contribution consists in explaining the concepts, particularly truncation, that play …
Processus d’agglomération et définition de la ville
1997
International audience