5 found
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Catherine Herfeld [4]Catherine Https://Orcidorg Herfeld [1]
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Catherine Sophia Herfeld
Universität Hannover
  1. Imagination Rather Than Observation in Econometrics: Ragnar Frisch’s Hypothetical Experiments as Thought Experiments.Catherine Https://Orcidorg 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. How Academic Opinion Leaders Shape Scientific Ideas: An Acknowledgment Analysis.Catherine Herfeld & Malte Doehne - forthcoming - Scientometrics.
    In this paper, we examine how a research institution’s social structure and academic opinion leaders’ presence shaped the early adoption of a scientific innovation. Our case considers the early engagement of mathematical economists at the Cowles Commission with John von Neumann and Oskar Morgenstern’s Theory of Games and Economic Behavior. We argue that scholars with administrative leadership functions who were not only scientifically but also organizationally central – in our case the director of research Jacob Marschak – played a crucial (...)
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  3. The Role of Narratives in Transferring Rational Choice Models into Political Science.Alexandra Quack & Catherine Herfeld - forthcoming - History of Political Economy.
    One striking observation in the history of rational choice models is that those models have not only been used in economics but spread widely across the social and behavioral sciences. How do such model transfers proceed? By closely studying the early efforts to transfer such models by William Riker – a major protagonist in pushing the adoption of game theoretic models in political science – this article examines the transfer process as one of ‘translation’ by which abstract and mathematical rational (...)
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  4. 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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  5. 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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