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  1. Learning from Minimal Economic Models.Till Grüne-Yanoff - 2009 - Erkenntnis 70 (1):81-99.
    It is argued that one can learn from minimal economic models. Minimal models are models that are not similar to the real world, do not resemble some of its features, and do not adhere to accepted regularities. One learns from a model if constructing and analysing the model affects one’s confidence in hypotheses about the world. Economic models, I argue, are often assessed for their credibility. If a model is judged credible, it is considered to be a relevant possibility. Considering (...)
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  • SECCIÓN MONOGRÁFICA: Scientific Representation. Introduction.José DÍEZ & Roman Frigg - 2010 - Theoria 21 (1):49-65.
    Models represent their target systems in one way or another. But what does it mean for a model to represent something beyond itself? This paper details different aspects of this problem and argues that the semantic view of theories does not provide us with an adequate response to any of these.
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  • Progress in economics: Lessons from the spectrum auctions.Anna Alexandrova & Robert Northcott - 2009 - In Don Ross & Harold Kincaid (eds.), The Oxford Handbook of Philosophy of Economics. New York: Oxford University Press. pp. 306--337.
    The 1994 US spectrum auction is now a paradigmatic case of the successful use of microeconomic theory for policy-making. We use a detailed analysis of it to review standard accounts in philosophy of science of how idealized models are connected to messy reality. We show that in order to understand what made the design of the spectrum auction successful, a new such account is required, and we present it here. Of especial interest is the light this sheds on the issue (...)
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  • Understanding with theoretical models.Petri Ylikoski & N. Emrah Aydinonat - 2014 - Journal of Economic Methodology 21 (1):19-36.
    This paper discusses the epistemic import of highly abstract and simplified theoretical models using Thomas Schelling’s checkerboard model as an example. We argue that the epistemic contribution of theoretical models can be better understood in the context of a cluster of models relevant to the explanatory task at hand. The central claim of the paper is that theoretical models make better sense in the context of a menu of possible explanations. In order to justify this claim, we introduce a distinction (...)
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  • Deflationary representation, inference, and practice.Mauricio Suárez - 2015 - Studies in History and Philosophy of Science Part A 49 (C):36-47.
    This paper defends the deflationary character of two recent views regarding scientific representation, namely RIG Hughes’ DDI model and the inferential conception. It is first argued that these views’ deflationism is akin to the homonymous position in discussions regarding the nature of truth. There, we are invited to consider the platitudes that the predicate “true” obeys at the level of practice, disregarding any deeper, or more substantive, account of its nature. More generally, for any concept X, a deflationary approach is (...)
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  • Review of Alexander Rosenberg: Economics: mathematical politics or science of diminishing returns?[REVIEW]Alan Nelson - 1994 - Ethics 104 (3):637-639.
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  • Economics: mathematical politics or science of diminishing returns?Alexander Rosenberg - 1992 - Chicago: University of Chicago Press.
    Economics today cannot predict the likely outcome of specific events any better than it could in the time of Adam Smith. This is Alexander Rosenberg's controversial challenge to the scientific status of economics. Rosenberg explains that the defining characteristic of any science is predictive improvability--the capacity to create more precise forecasts by evaluating the success of earlier predictions--and he forcefully argues that because economics has not been able to increase its predictive power for over two centuries, it is not a (...)
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  • When are Purely Predictive Models Best?Robert Northcott - 2017 - Disputatio 9 (47):631-656.
    Can purely predictive models be useful in investigating causal systems? I argue ‘yes’. Moreover, in many cases not only are they useful, they are essential. The alternative is to stick to models or mechanisms drawn from well-understood theory. But a necessary condition for explanation is empirical success, and in many cases in social and field sciences such success can only be achieved by purely predictive models, not by ones drawn from theory. Alas, the attempt to use theory to achieve explanation (...)
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  • Nature's Capacities and Their Measurement.Tim Maudlin & Nancy Cartwright - 1993 - Journal of Philosophy 90 (11):599.
    This book on the philosophy of science argues for an empiricism, opposed to the tradition of David Hume, in which singular rather than general causal claims are primary; causal laws express facts about singular causes whereas the general causal claims of science are ascriptions of capacities or causal powers, capacities to make things happen. Taking science as measurement, Cartwright argues that capacities are necessary for science and that these can be measured, provided suitable conditions are met. There are case studies (...)
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  • Economic Modelling as Robustness Analysis.Jaakko Kuorikoski, Aki Lehtinen & Caterina Marchionni - 2010 - British Journal for the Philosophy of Science 61 (3):541-567.
    We claim that the process of theoretical model refinement in economics is best characterised as robustness analysis: the systematic examination of the robustness of modelling results with respect to particular modelling assumptions. We argue that this practise has epistemic value by extending William Wimsatt's account of robustness analysis as triangulation via independent means of determination. For economists robustness analysis is a crucial methodological strategy because their models are often based on idealisations and abstractions, and it is usually difficult to tell (...)
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  • Modelling and representing: An artefactual approach to model-based representation.Tarja Knuuttila - 2011 - Studies in History and Philosophy of Science Part A 42 (2):262-271.
    The recent discussion on scientific representation has focused on models and their relationship to the real world. It has been assumed that models give us knowledge because they represent their supposed real target systems. However, here agreement among philosophers of science has tended to end as they have presented widely different views on how representation should be understood. I will argue that the traditional representational approach is too limiting as regards the epistemic value of modelling given the focus on the (...)
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  • Models, Representation, and Mediation.Tarja Knuuttila - 2005 - Philosophy of Science 72 (5):1260-1271.
    Representation has been one of the main themes in the recent discussion of models. Several authors have argued for a pragmatic approach to representation that takes users and their interpretations into account. It appears to me, however, that this emphasis on representation places excessive limitations on our view of models and their epistemic value. Models should rather be thought of as epistemic artifacts through which we gain knowledge in diverse ways. Approaching models this way stresses their materiality and media-specificity. Focusing (...)
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  • Appraising Models Nonrepresentationally.Till Grüne-Yanoff - 2013 - Philosophy of Science 80 (5):850-861.
    Many scientific models lack an established representation relation to actual targets and instead refer to merely possible processes, background conditions, and results. This article shows how such models can be appraised. On the basis of the discussion of how-possibly explanations, five types of learning opportunities are distinguished. For each of these types, an example—from economics, biology, psychology, and sociology—is discussed. Contexts and purposes are identified in which the use of a model offers a genuine opportunity to learn. These learning opportunities (...)
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  • Confirmation and explaining how possible.Patrick Forber - 2010 - Studies in History and Philosophy of Science Part C: Studies in History and Philosophy of Biological and Biomedical Sciences 41 (1):32-40.
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  • Confirmation and explaining how possible.Patrick Forber - 2010 - Studies in History and Philosophy of Science Part C: Studies in History and Philosophy of Biological and Biomedical Sciences 41 (1):32-40.
    Confirmation in evolutionary biology depends on what biologists take to be the genuine rivals. Investigating what constrains the scope of biological possibility provides part of the story: explaining how possible helps determine what counts as a genuine rival and thus informs confirmation. To clarify the criteria for genuine rivalry I distinguish between global and local constraints on biological possibility, and offer an account of how-possibly explanation. To sharpen the connection between confirmation and explaining how possible I discuss the view that (...)
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  • Confirmation and explaining how possible.Patrick Forber - 2008 - Studies in History and Philosophy of Science Part C: Studies in History and Philosophy of Biological and Biomedical Sciences 41 (1):32-40.
    Confirmation in evolutionary biology depends on what biologists take to be the genuine rivals. Investigating what constrains the scope of biological possibility provides part of the story: explaining how possible helps determine what counts as a genuine rival and thus informs confirmation. To clarify the criteria for genuine rivalry I distinguish between global and local constraints on biological possibility, and offer an account of how-possibly explanation. To sharpen the connection between confirmation and explaining how possible I discuss the view that (...)
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  • Informational versus functional theories of scientific representation.Anjan Chakravartty - 2010 - Synthese 172 (2):197-213.
    Recent work in the philosophy of science has generated an apparent conflict between theories attempting to explicate the nature of scientific representation. On one side, there are what one might call 'informational' views, which emphasize objective relations (such as similarity, isomorphism, and homomorphism) between representations (theories, models, simulations, diagrams, etc.) and their target systems. On the other side, there are what one might call 'functional' views, which emphasize cognitive activities performed in connection with these targets, such as interpretation and inference. (...)
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  • Nature's capacities and their measurement.Nancy Cartwright - 1989 - New York: Oxford University Press.
    Ever since David Hume, empiricists have barred powers and capacities from nature. In this book Cartwright argues that capacities are essential in our scientific world, and, contrary to empiricist orthodoxy, that they can meet sufficiently strict demands for testability. Econometrics is one discipline where probabilities are used to measure causal capacities, and the technology of modern physics provides several examples of testing capacities (such as lasers). Cartwright concludes by applying the lessons of the book about capacities and probabilities to the (...)
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  • Making models count.Anna Alexandrova - 2008 - Philosophy of Science 75 (3):383-404.
    What sort of claims do scientific models make and how do these claims then underwrite empirical successes such as explanations and reliable policy interventions? In this paper I propose answers to these questions for the class of models used throughout the social and biological sciences, namely idealized deductive ones with a causal interpretation. I argue that the two main existing accounts misrepresent how these models are actually used, and propose a new account. *Received July 2006; revised August 2008. †To contact (...)
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  • It’s Just A Feeling: Why Economic Models Do Not Explain.Anna Alexandrova & Robert Northcott - 2013 - Journal of Economic Methodology 20 (3):262 - 267.
    Julian Reiss correctly identified a trilemma about economic models: we cannot maintain that they are false, but nevertheless explain and that only true accounts explain. In this reply we give reasons to reject the second premise ? that economic models explain. Intuitions to the contrary should be distrusted.
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  • Economics and reality.Tony Lawson - 1997 - New York: Routledge.
    There is an increasingly widespread belief, both within and outside the discipline, that modern economics is irrelevant to the understanding of the real world. Economics and Reality traces this irrelevance to the failure of economists to match their methods with their subject, showing that formal, mathematical models are unsuitable to the social realities economists purport to address. Tony Lawson examines the various ways in which mainstream economics is rooted in positivist philosophy and examines the problems this causes. It focuses on (...)
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  • Error in Economics: Towards a More Evidence–Based Methodology.Julian Reiss - 2007 - Routledge.
    What is the correct concept behind measures of inflation? Does money cause business activity or is it the other way around? Shall we stimulate growth by raising aggregate demand or rather by lowering taxes and thereby providing incentives to produce? Policy-relevant questions such as these are of immediate and obvious importance to the welfare of societies. The standard approach in dealing with them is to build a model, based on economic theory, answer the question for the model world and then (...)
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  • The Vanity of Rigour in Economics: Theoretical Models and Galilean Experiments.Nancy Cartwright - 1999 - Lse, Centre for the Philosophy of the Natural and Social Sciences.
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  • The Evolution of Cooperation.Robert M. Axelrod - 1984 - Basic Books.
    The 'Evolution of Cooperation' addresses a simple yet age-old question; If living things evolve through competition, how can cooperation ever emerge? Despite the abundant evidence of cooperation all around us, there existed no purely naturalistic answer to this question until 1979, when Robert Axelrod famously ran a computer tournament featuring a standard game-theory exercise called The Prisoner's Dilemma. To everyone's surprise, the program that won the tournament, named Tit for Tat, was not only the simplest but the most "cooperative" entrant. (...)
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  • Models as Mediators: Perspectives on Natural and Social Science.Mary S. Morgan & Margaret Morrison (eds.) - 1999 - Cambridge University Press.
    Models as Mediators discusses the ways in which models function in modern science, particularly in the fields of physics and economics. Models play a variety of roles in the sciences: they are used in the development, exploration and application of theories and in measurement methods. They also provide instruments for using scientific concepts and principles to intervene in the world. The editors provide a framework which covers the construction and function of scientific models, and explore the ways in which they (...)
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  • The invisible hand in economics: how economists explain unintended social consequences.N. Emrah Aydinonat - 2008 - New York: Routledge.
    Introduction -- Unintended consequences -- The origin of money -- Segregation -- The invisible hand -- The origin of money reconsidered -- Models and representation -- Game theory and conventions -- Conclusion.
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  • A System of Logic.John Stuart Mill - 1874 - Longman.
    Reprint of the original, first published in 1869.
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  • Scientific representation and the semantic view of theories.Roman Frigg - 2006 - Theoria 21 (1):49-65.
    It is now part and parcel of the official philosophical wisdom that models are essential to the acquisition and organisation of scientific knowledge. It is also generally accepted that most models represent their target systems in one way or another. But what does it mean for a model to represent its target system? I begin by introducing three conundrums that a theory of scientific representation has to come to terms with and then address the question of whether the semantic view (...)
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  • Appraising Non-Representational Models.Till Grüne-Yanoff - unknown
    Many scientific models are non-representational in that they refer to merely possible processes, background conditions and results. The paper shows how such non-representational models can be appraised, beyond the weak role that they might play as heuristic tools. Using conceptual distinctions from the discussion of how-possibly explanations, six types of models are distinguished by their modal qualities of their background conditions, model processes and model results. For each of these types, an actual model example – drawn from economics, biology, psychology (...)
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  • On the method of isolation in economics.Uskali Mäki - 1992 - Poznan Studies in the Philosophy of the Sciences and the Humanities 26:19-54.
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  • The nature and scope of rational-choice explanations.Jon Elster - 1985 - In Ernest LePore & Brian P. McLaughlin (eds.). Blackwell. pp. 60-72.
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