Neoclassical Theory Structure And Theory Development
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| Author | : B. Hamminga |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 186 |
| Release | : 2012-12-06 |
| Genre | : Business & Economics |
| ISBN | : 3642693490 |
There are quite a lot of recent books on the methodology of economics, but all proceed from one or more of the following three fundamental assumptions: 1) Meta-apriorism: it is a priori believed that the results of the philosophy of science of the past decades, associated with the names of Popper, Kuhn and Lakatos, yield conceptual frameworks that can be used to describe the product of the economist's endeavours. 2) Synchronism: it is believed that the inspection of a "theory" of economics, the presentation of some economic belief at a point in time, reveals its logical structure and ipso facto the "method" by which the "theory" is constructed. 3) CreduZity: it is believed that what economists themselves say on their own methods is true, or at least of primary relevance. In this book, I endeavour to show that these assumptions are false. First, the philosophies of science by Popper, Kuhn and Lakatos did not succeed in constructing a conceptual framework capable of describing theory development in economics. Secondly, this can only be seen as soon as not Zogic but history is taken to be the referee judging the adequacy of metatheories (diachronism). Thirdly the results of metaempiricaZ (not-meta-aprioristic), diachronic (not-synchronic) research reveals that even economists themselves turn out frequently to have inadequate metatheories upon which it is dangerous to rely (suspicion instead of credulity) .
| Author | : Richard D. Wolff |
| Publisher | : MIT Press |
| Total Pages | : 425 |
| Release | : 2012-09-07 |
| Genre | : Business & Economics |
| ISBN | : 0262517833 |
A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.
| Author | : |
| Publisher | : BRILL |
| Total Pages | : 384 |
| Release | : 2023-03-13 |
| Genre | : Science |
| ISBN | : 9004457410 |
| Author | : Daniel M. Hausman |
| Publisher | : Cambridge University Press |
| Total Pages | : 484 |
| Release | : 1994-02-25 |
| Genre | : Business & Economics |
| ISBN | : 9780521459297 |
Expanded and updated coverage of such key areas as positivism and economic methodology as well as special methodological problems and perspectives enhances this new edition of twenty-two classic and more recent pivotal investigations into the philosophy of economics.
| Author | : |
| Publisher | : BRILL |
| Total Pages | : 543 |
| Release | : 2016-08-01 |
| Genre | : Science |
| ISBN | : 9401201285 |
This book is the first of two volumes devoted to the work of Theo Kuipers, a leading Dutch philosopher of science. Philosophers and scientists from all over the world, thirty seven in all, comment on Kuipers' philosophy, and each of their commentaries is followed by a reply from Kuipers. The present volume focuses on Kuipers' views on confirmation, empirical progress, and truth approximation, as laid down in his From Instrumentalism to Constructive Realism (Kluwer, 2000). In this book, Kuipers offered a synthesis of Carnap's and Hempel's confirmation theory on the one hand, and Popper's theory of truth approximation on the other. The key element of this synthesis is a sophisticated methodology, which enables the evaluation of theories in terms of their problems and successes (even if the theories are already falsified), and which also fits well with the claim that one theory is closer to the truth than another. Ilkka Niiniluoto, Patrick Maher, John Welch, Gerhard Schurz, Igor Douven, Bert Hamminga, David Miller, Johan van Benthem, Sjoerd Zwart, Thomas Mormann, Jesús Zamora Bonilla, Isabella Burger & Johannes Heidema, Joke Meheus, Hans Mooij, and Diderik Batens comment on these ideas of Kuipers, and many present their own account. The present book also contains a synopsis of From Instrumentalism to Constructive Realism. It can be read independently of the second volume of Essays in Debate with Theo Kuipers, which is devoted to Kuipers' Structures in Science (2001).
| Author | : Gunter Steinmann |
| Publisher | : Physica |
| Total Pages | : 182 |
| Release | : 2013-12-20 |
| Genre | : Political Science |
| ISBN | : 3642511775 |
This volume discusses some economic aspects of immigration with special refer ence to the case of Germany. Immigration has become a major issue in Germany. Germany still does not have an official immigration policy in spite of the fact that more than 8 percent of the residents are non-citizens and that Germany · s immigration figures almost have reached the US figures. The foreign Iabor supply strongly influences the German Iabor market. The bulk of foreign workers is employed in certain industries. In some industries (mining, steel) 20 and more percent of the employees are foreign workers. Most foreign workers are blue collar workers with low wages. The Iabor demand for immigrants has declined in the last 15 years while the foreign population and Iabor supply has increased. As a consequence, foreigners experience higher unemployment rates than Germans. The fall of the Berlin wall and the collapse of the communist regimes in East Europe further increased the blue collar Iabor supply and strengthened the competition for foreign workers on the German Iabor market.
| Author | : Niklaus Blattner |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 324 |
| Release | : 2012-12-06 |
| Genre | : Business & Economics |
| ISBN | : 3642515169 |
Oliver Landmann Nobody needs to be convinced of the importance of banking for the Swiss economy. The financial sector grew well above average in the past decade and now accounts for almost 10 % of GDP. Compared to the economy-wide average, it creates more than double as much value added per employee and it is a major contributor to Swiss ex port revenues. But this is no cause for complacency. The industry is subjf:ct to rapid change as the competitive climate has become rougher nationally and internationally. Major structural weaknesses have corne to the surface which raise serious questions about the extent of the required structural adjustments. Thus, banking was an ideal candidate for a major case study in the framework of the National Research Programme No. 28 which is devoted to Switzerland's external economic challenges. The programme was commissioned by the Swiss government and is carried out by the Swiss National Science Foundation. The research project on the fmancial sector was directed by Professors Niklaus Blattner, Hans Genberg and Alexander Swoboda who assembled a team of research economists from the Graduate Institute of International Studies, the International Centre for Monetary and Banking Studies (both at Geneva) and the Labour and Industrial Economics Research Unit at the University of Basel. This joint research effort has yielded an impressive crop of descriptive data, analytical insights and policy-oriented conclusions.
| Author | : Andreas Haufler |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 223 |
| Release | : 2012-12-06 |
| Genre | : Business & Economics |
| ISBN | : 3642580718 |
The book is concerned with the main issues that arise for general commodity taxation in the internal market: the choice of a new international tax principle and the question of tax rate harmonization. The book provides a thorough discussion of these issues and evaluates the choices made by the European Community from a welfare-theoretic perspective by comparing them to feasible alternatives. The discussion integrates a large number of recent theoretical and policy-oriented contributions which have so far not been collected and summarized in a single volume. Special features of the book are that (a) the analysis combines elements of international trade theory and public finance, two economic disciplines which are rarely integrated; (b) a dual general equilibrium framework is used throughout the analysis, (c) a second-best setting is consistently employed, incorporating relevant policy constraints and integrating conflicting arguments in a single analytical framework, (d) part of the theoretical analysis is supplemented by a computable general equilibrium approach. The book shows that well-known international trademodels can be extended to model alternative principles for taxing international trade but also international differences in preferences for public goods and different views of government behavior - issues which are directly relevant for the discussion of tax rateharmonization but are rarely treated in an analytical way.
| Author | : Eckhard Wurzel |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 252 |
| Release | : 2012-12-06 |
| Genre | : Political Science |
| ISBN | : 3642502989 |
In contemporary labor economics increasing attention is paid to the fact that unemployment is not only a stock but also a flow phenomenon. The present micro-econometric study analyses the impact of important socio-economic characteristics on unemployment duration in West Germany. Based on a search theoretic framework unemployment duration is considered as a stochastic process whose evolution is influenced by economicand demographic variables like unemployment benefits, expected wage offers, training and age. This is modeled by application of the concept of the hazard rate which denotes the conditional exit rate from unemployment over time given elapsed unemployment duration. Contrasting more traditional models a semi-parametric approachis chosen which reduces the danger of mis-specification of the stochastic duration process. This procedure also is particularly suitable for the analysis of grouped observations on unemployment duration typically generated by longitudinal data sets as the German "Socio-Economic Panel" which is utilized for this study. Besides deriving a set of empirical results on unemployment duration in West Germanymethodological issues of duration analysis are considered with particular attention paid to the impact of the sample design. Also, important outcomes from search theory and findings from other hazard rate analysesare surveyed.
| Author | : |
| Publisher | : BRILL |
| Total Pages | : 442 |
| Release | : 2023-03-13 |
| Genre | : Mathematics |
| ISBN | : 9004457445 |
This collection of 17 articles offers an overview of the philosophical activities of a group of philosophers (who have been) working at the Groningen University. The meta-methodological assumption which unifies the research of this group, holds that there is a way to do philosophy which is a middle course between abstract normative philosophy of science and descriptive social studies of science. On the one hand it is argued with social studies of science that philosophy should take notice of what scientists actually do. On the other hand, however, it is claimed that philosophy can and should aim to reveal cognitive patterns in the processes and products of scientific and common sense knowledge. Since it is thought that those patterns can function as guidelines in new research and/or in research in other disciplines, philosophy can nevertheless hold on to the normative aim which is characteristic of 'classical' philosophy of science. Compared to this common assumption, there is a diversity of subjects. Some papers deal with general problems of science, knowledge, cognition and argumentation, others with topics relating to foundational problems of particular sciences. Therefore this volume is of interest to philosophers of science, to philosophers of knowledge and argumentation in general, to philosophers of mind, as well as for scientists working in the physical and applied sciences, biology, psychology and economy who are interested in the foundations of their disciplines. After a foreword by Leszek Nowak and a general introduction by the editors, the book is divided into four parts, with special introductions. - I: Conceptual Analysis in Service of Various Research Programmes (Henk Zandvoort, Rein Vos, Rick Looijen, Gerben Stavenga, Renée Dalitz); - II: The Logic of the Evaluation of Arguments, Hypotheses, Default Rules, and Interesting Theorems (Erik Krabbe, Theo Kuipers, Alfons Keupink, Maarten Janssen/Yao-Hua Tan, Bert Hamminga); - III: Three Challenges to the Truth Approximation Programme (Sjoerd Zwart, Hinne Hettema/Theo Kuipers, Roberto Festa); - IV: Explicating Psychological Intuitions (Anne-Ruth Mackor, Jeanne Peijnenburg, Lex Guichard, Michel ter Hark). The Groningen research group was recently qualified, by an official international assessment committee, as one of the best philosophy research groups in the Netherlands.
