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Catherine Herfeld
Ludwig Maximilians Universität, München
Catherine Herfeld
University of Zürich
  1. Imagination Rather Than Observation in Econometrics: Ragnar Frisch’s Hypothetical Experiments as Thought Experiments.Catherine Herfeld - 2019 - Hopos: The Journal of the International Society for the History of Philosophy of Science 9 (1):35-74.
    In economics, thought experiments are frequently justified by the difficulty of conducting controlled experiments. They serve several functions, such as establishing causal facts, isolating tendencies, and allowing inferences from models to reality. In this paper, I argue that thought experiments served a further function in economics: facilitating the quantitative definition and measurement of the theoretical concept of utility, thereby bridging the gap between theory and statistical data. I support my argument by a case study, the “hypothetical experiments” of the Norwegian (...)
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  2.  39
    Progress in Economics.Catherine Herfeld & Marcel Boumans - forthcoming - In Yafeng Shan (ed.), New Philosophical Perspectives on Scientific Progres. New York and London:
    In this chapter, we discuss a specific kind of progress that occurs in most branches of economics today: progress involving the repeated use of mathematical models. We adopt a functional account of progress to argue that progress in economics occurs through the use of what we call “common recipes” and model templates for defining and solving problems of relevance for economists. We support our argument by discussing the case of 20th century business cycle research. By presenting this case study in (...)
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  3. In Favor of Mentalism in Economics: A Conversation with Christian List.Christian List & Catherine Herfeld - forthcoming - In Catherine Herfeld (ed.), Conversations on Rational Choice. Cambridge: Cambridge University Press.
    This is an edited transcript of a conversation to be included in the collection "Conversations on Rational Choice". The conversation was conducted in Munich on 7 and 9 February 2016.
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