This ambitious book looks 'behind the model' to reveal how
economists use formal models to generate insights into the economy.
Drawing on recent work in the philosophy of science and economic
methodology, the book presents a novel framework for understanding
the logic of economic modeling. It also reveals the ways in which
economic models can mislead rather than illuminate. Importantly,
the book goes beyond purely negative critique, proposing a concrete
program of methodological reform to better equip economists to
detect potential mismatches between their models and the targets of
their inquiry. Ranging across economics, philosophy, and social
science methods, and drawing on a variety of examples, including
the recent financial crisis, Behind the Model will be of interest
to anyone who has wondered how economics works - and why it
sometimes fails so spectacularly.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!