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  1. 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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  • Prediction and Accommodation Revisited.John Worrall - 2014 - Studies in History and Philosophy of Science Part A 45 (1):54-61.
    The paper presents a further articulation and defence of the view on prediction and accommodation that I have proposed earlier. It operates by analysing two accounts of the issue-by Patrick Maher and by Marc Lange-that, at least at first sight, appear to be rivals to my own. Maher claims that the time-order of theory and evidence may be important in terms of degree of confirmation, while that claim is explicitly denied in my account. I argue, however, that when his account (...)
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  • Prediction and Accommodation Revisited.John Worrall - 2014 - Studies in History and Philosophy of Science Part A 45 (1):54-61.
    The paper presents a further articulation and defence of the view on prediction and accommodation that I have proposed earlier. It operates by analysing two accounts of the issue-by Patrick Maher and by Marc Lange-that, at least at first sight, appear to be rivals to my own. Maher claims that the time-order of theory and evidence may be important in terms of degree of confirmation, while that claim is explicitly denied in my account. I argue, however, that when his account (...)
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  • Empirical Equivalence and Underdetermination.Larry Laudan & Jarrett Leplin - 1991 - Journal of Philosophy 88 (9):449-472.
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  • Empirical Equivalence and Underdetermination.Larry Laudan & Jarrett Leplin - 1991 - Journal of Philosophy 88 (9):449.
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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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  • 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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  • Prediction or Prophecy?: The Boundaries of Economic Foreknowledge and Their Socio-Political Consequences.Gregor Betz - 2006 - DUV.
    Gregor Betz explores the following questions: Where are the limits of economics, in particular the limits of economic foreknowledge? Are macroeconomic forecasts credible predictions or mere prophecies and what would this imply for the way economic policy decisions are taken? Is rational economic decision making possible without forecasting at all?
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  • Economics: Mathematical Politics or Science of Diminishing Returns?Alexander Rosenberg - 1992 - 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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  • Economics and Reality.Tony Lawson - 1997 - 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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  • Thinking About Mechanisms.Peter Machamer, Lindley Darden & Carl F. Craver - 2000 - Philosophy of Science 67 (1):1-25.
    The concept of mechanism is analyzed in terms of entities and activities, organized such that they are productive of regular changes. Examples show how mechanisms work in neurobiology and molecular biology. Thinking in terms of mechanisms provides a new framework for addressing many traditional philosophical issues: causality, laws, explanation, reduction, and scientific change.
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  • Testability.Elliott Sober - 1999 - Proceedings and Addresses of the American Philosophical Association 73 (2):47-76.
    That some propositions are testable, while others are not, was a fundamental idea in the philosophical program known as logical empiricism. That program is now widely thought to be defunct. Quine’s (1953) “Two Dogmas of Empiricism” and Hempel’s (1950) “Problems and Changes in the Empiricist Criterion of Meaning” are among its most notable epitaphs. Yet, as we know from Mark Twain’s comment on an obituary that he once had the pleasure of reading about himself, the report of a death can (...)
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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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  • Progress in Economics: Lessons From the Spectrum Auctions.Anna Alexandrova & Robert Northcott - 2009 - In Harold Kincaid & Don Ross (eds.), The Oxford Handbook of Philosophy of Economics. 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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  • Review. [REVIEW]Barry Gower - 1997 - British Journal for the Philosophy of Science 48 (1):555-559.
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  • Economics--Mathematical Politics or Science of Diminishing Returns?Alan Nelson - 1994 - Ethics 104 (3):637-639.
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  • Interpretation and the Sciences of Man.Charles Taylor - 1971 - Review of Metaphysics 25 (1):3-51.
    Interpretation, in the sense relevant to hermeneutics, is an attempt to make clear, to make sense of an object of study. This object must, therefore, be a text or a text-analogue, which in some way is confused, incomplete, cloudy, seemingly contradictory--in one way or another, unclear. The interpretation aims to bring to light an underlying coherence or sense.
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  • Interpretation and the Sciences of Man.Charles Taylor - 1971 - Review of Metaphysics 25 (1):3 - 51.
    Interpretation, in the sense relevant to hermeneutics, is an attempt to make clear, to make sense of an object of study. This object must, therefore, be a text or a text-analogue, which in some way is confused, incomplete, cloudy, seemingly contradictory--in one way or another, unclear. The interpretation aims to bring to light an underlying coherence or sense.
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  • New Rules of Sociological Method: A Positive Critique of Interpretive Sociologies.Anthony Giddens - 1978 - Human Studies 1 (3):311-314.
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