Explorations in Economic Methodology

Explorations in Economic Methodology
Author: Roger E. Backhouse
Publisher: Routledge
Total Pages: 251
Release: 2006-10-19
Genre: Business & Economics
ISBN: 1134686730

Roger Backhouse is a key figure in the field of economic methodology. Explorations in Economic Methodology both clarifies and responds to the issues raised by the literature and argues that methodology is an essential activity. Offering a constructive, but critical, response to the recent literature, this collection provides important new insights for students and researchers in economic methodology and the philosophy of science.

Interpreting Macroeconomics

Interpreting Macroeconomics
Author: Roger E. Backhouse
Publisher: Routledge
Total Pages: 250
Release: 2012-10-12
Genre: Business & Economics
ISBN: 1134741057

Interpreting Macroeconomics explores a variety of different approaches to macroeconomic thought. The book considers a number of historiographical and methodological positions, as well as analyzing various important episodes in the development of macroeconomics, before during and after the Keynesian revolution. Roger Backhouse shows that the full richness of these developments can only by brought out by approaches which blend both relativism and absolutism, and historical and rational reconstructions. Examples discussed include Hobson, Keynes and Friedman.

Explorations in Pragmatic Economics

Explorations in Pragmatic Economics
Author: George A. Akerlof
Publisher: OUP Oxford
Total Pages: 526
Release: 2005
Genre: Business & Economics
ISBN: 0199253919

A valuable collection of papers illustrating Akerlof's 'modern', Nobel Prize-winning methodology at work. This ovlume covers the economics of information, the theory of unemployment, the demand for money, psychology and economics, and the nature of discrimination.

International Exploration Economics, Risk, and Contract Analysis

International Exploration Economics, Risk, and Contract Analysis
Author: Daniel Johnston
Publisher: PennWell Books
Total Pages: 0
Release: 2003
Genre: Business & Economics
ISBN: 9780878148875

International exploration and production is challenging and exciting. Negotiating with governments and understanding the dynamics of their fiscal systems and/or production sharing contracts can mean the difference between success and failure. Long-time industry consultant, negotiator and lecturer, Daniel Johnston, provides an extremely clear and practical perspective on: • international exploration economics and risk analysis, • petroleum fiscal system analysis and design, • contract negotiations, • economic, financial and accounting aspects of production sharing contracts, and royalty/tax systems. International Exploration Economics, Risk, and Contract Analysis is an anthology of articles from Johnston's column in the Petroleum Accounting and Financial Management Journal (PAFMJ) Institute of Petroleum Accounting, University of North Texas. While some chapters date back a number of years, the key chapters and concepts have been dramatically updated with detailed examples.

Oikos and Market

Oikos and Market
Author: Stephen Gudeman
Publisher: Berghahn Books
Total Pages: 204
Release: 2015-06-01
Genre: Social Science
ISBN: 1782386963

Self-sufficiency of the house is practiced in many parts of the world but ignored in economic theory, just as socialist collectivization is assumed to have brought household self-sufficiency to an end. The ideals of self-sufficiency, however, continue to shape economic activity in a wide range of postsocialist settings. This volume’s six comparative studies of postsocialist villages in Eastern Europe and Asia illuminate the enduring importance of the house economy, which is based not on the market but on the order of the house. These formations show that economies depend not only on the macro institutions of markets and states but also on the micro institutions of families, communities, and house economies, often in an uneasy relationship.

Rationality, Institutions and Economic Methodology

Rationality, Institutions and Economic Methodology
Author: Bo Gustafsson
Publisher: Routledge
Total Pages: 332
Release: 1993-06-17
Genre: Business & Economics
ISBN: 113487328X

Looks at ways to increase the scope and power of institutional economics. Different approaches to economic methodology are considered and the broader notions of rationality offered by institutional economics are discussed.

The Elgar Companion to Recent Economic Methodology

The Elgar Companion to Recent Economic Methodology
Author: J. B. Davis
Publisher: Edward Elgar Publishing
Total Pages: 553
Release: 2011-01-01
Genre: Business & Economics
ISBN: 085793807X

Economic methodology has traditionally been associated with logical positivism in the vein of Milton Friedman, Karl Popper, Imre Lakatos and Thomas Kuhn. However, the emergence and proliferation of new research programs in economics have stimulated many novel developments in economic methodology. This impressive Companion critically examines these advances in methodological thinking, particularly those that are associated with the new research programs which challenge standard economic methodology. Bringing together a collection of leading contributors to this new methodological thinking, the authors explain how it differs from the past and point towards further concerns and future issues. The recent research programs explored include behavioral and experimental economics, neuroeconomics, new welfare theory, happiness and subjective well-being research, geographical economics, complexity and computational economics, agent-based modeling, evolutionary thinking, macroeconomics and Keynesianism after the crisis, and new thinking about the status of the economics profession and the role of the media in economics. This important compendium will prove invaluable for researchers and postgraduate students of economic methodology and the philosophy of economics. Practitioners in the vanguard of new economic thinking will also find plenty of useful information in this path-breaking book.

Explorations in Monte Carlo Methods

Explorations in Monte Carlo Methods
Author: Ronald W. Shonkwiler
Publisher: Springer Science & Business Media
Total Pages: 249
Release: 2009-08-11
Genre: Mathematics
ISBN: 0387878378

Monte Carlo methods are among the most used and useful computational tools available today, providing efficient and practical algorithims to solve a wide range of scientific and engineering problems. Applications covered in this book include optimization, finance, statistical mechanics, birth and death processes, and gambling systems. Explorations in Monte Carlo Methods provides a hands-on approach to learning this subject. Each new idea is carefully motivated by a realistic problem, thus leading from questions to theory via examples and numerical simulations. Programming exercises are integrated throughout the text as the primary vehicle for learning the material. Each chapter ends with a large collection of problems illustrating and directing the material. This book is suitable as a textbook for students of engineering and the sciences, as well as mathematics.

Economic Methodology

Economic Methodology
Author: Harro Maas
Publisher: Routledge
Total Pages: 203
Release: 2014-03-05
Genre: Business & Economics
ISBN: 1135122172

Ever since the inception of economics over two hundred years ago, the tools at the discipline’s disposal have grown more and more more sophisticated. This book provides a historical introduction to the methodology of economics through the eyes of economists. The story begins with John Stuart Mill's seminal essay from 1836 on the definition and method of political economy, which is then followed by an examination of how the actual practices of economists changed over time to such an extent that they not only altered their methods of enquiry, but also their self-perception as economists. Beginning as intellectuals and journalists operating to a large extent in the public sphere, they then transformed into experts who developed their tools of research increasingly behind the scenes. No longer did they try to influence policy agendas through public discourse; rather they targeted policymakers directly and with instruments that showed them as independent and objective policy advisors, the tools of the trade changing all the while. In order to shed light on this evolution of economic methodology, this book takes carefully selected snapshots from the discipline’s history. It tracks the process of development through the nineteenth and twentieth centuries, analysing the growth of empirical and mathematical modelling. It also looks at the emergence of the experiment in economics, in addition to the similarities and differences between modelling and experimentation. This book will be relevant reading for students and academics in the fields of economic methodology, history of economics, and history and philosophy of the social sciences.