The Diversity of Models as a Means to Better Explanations in Economics

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Sammanfattning

In Economics Rules, Rodrik [(2015). Economics rules: Why economics works, when it fails, and how to tell the difference. Oxford: Oxford University Press] argues that what makes economics powerful despite the limitations of each and every model is its diversity of models. Rodrik suggests that the diversity of models in economics improves its explanatory capacities, but he does not fully explain how. I offer a clearer picture of how models relate to explanations of particular economic facts or events, and suggest that the diversity of models is a means to better economic explanations.

Originalspråkengelska
TidskriftJournal of Economic Methodology
Volym25
Utgåva3
Sidor (från-till)237-251
Antal sidor15
ISSN1350-178X
DOI
StatusPublicerad - 2018
MoE-publikationstypA1 Tidskriftsartikel-refererad

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  • 611 Filosofi
  • 511 Nationalekonomi

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