Moscati, Ivan (2006) Epistemic virtues and theory choice in economics. Discussion paper, Steuer, Max (ed.) (DP 79/06). Centre for Philosophy of Natural and Social Science, London, UK.
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Abstract
When economists have to choose between competing theories, they evaluate not only the theories’ empirical relevance, but also qualities like their simplicity, tractability, parsimony and unifying power. These are called the epistemic virtues of a theory. The present paper proposes a formal definition for some epistemic virtues and investigates their role for theory choice in economics.
| Item Type: | Monograph (Discussion Paper) |
|---|---|
| Official URL: | http://www.lse.ac.uk/CPNSS/home.aspx |
| Additional Information: | © 2006 The Author |
| Divisions: | CPNSS |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory |
| JEL classification: | B - Schools of Economic Thought and Methodology > B1 - History of Economic Thought through 1925 > B13 - Neoclassical through 1925 B - Schools of Economic Thought and Methodology > B4 - Economic Methodology > B41 - Economic Methodology D - Microeconomics > D0 - General > D00 - General |
| Date Deposited: | 29 Jul 2014 13:13 |
| Last Modified: | 11 Dec 2024 18:47 |
| Funders: | Bocconi University |
| URI: | http://eprints.lse.ac.uk/id/eprint/58429 |
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