000 | 03412cam a2200313 i 4500 | ||
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001 | 19565 | ||
003 | CUTN | ||
005 | 20150901103446.0 | ||
008 | 140321s2015 nyu 000 0 eng | ||
010 | _a 2014009762 | ||
020 | _a9781107673472 | ||
040 |
_aDLC _beng _cDLC _erda |
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042 | _apcc | ||
050 | 0 | 0 |
_aHB141 _b.B64 2015 |
082 | 0 | 0 |
_a330.01/5195 _223 |
084 |
_a330.015195 _2bisacsh |
||
100 | 1 | _aBoland, Lawrence A. | |
245 | 1 | 0 |
_aModel building in economics : _bits purposes and limitations / _cLawrence A. Boland, Simon Fraser University, Canada. |
260 |
_aNew York, NY : _bCambridge University Press, _c2015. |
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300 |
_axix, 276 pages ; _c24 cm |
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505 | 8 | _aMachine generated contents note: 1. Microeconomic vs macroeconomic in theoretical model building; 2. On the limitations of equilibrium models in general; 3. On building theoretical models using game theory; 4. On the purpose and limitations of game-theoretic models; 5. Microeconomic vs macroeconomic in empirical model building; 6. On building macroeconometric models; 7. Modeling and forecasting; 8. On the role and limitations of experimental and behavioral economics; 9. The logical adequacy of convincing tests of models using empirical data; 10. The statistical adequacy of convincing tests of models using empirical data; 11. Model building from a philosophy of science perspective; 12. Choosing model-building methods. | |
520 | _a"Concern about the role and the limits of modeling has heightened after repeated questions were raised regarding the dependability and suitability of the models that were used in the run-up to the 2008 financial crash. In this book, Lawrence Boland provides an overview of the practices of and the problems faced by model builders to explain the nature of models, the modeling process, and the possibility for and nature of their testing. In a reflective manner, the author raises serious questions about the assumptions and judgments that model builders make in constructing models. In making his case, he examines the traditional microeconomics-macroeconomics separation with regard to how theoretical models are built and used and how they interact, paying particular attention to the use of equilibrium concepts in macroeconomic models and game theory and to the challenges involved in building empirical models, testing models, and using models to test theoretical explanations. Lawrence Boland has been teaching at Simon Fraser University since 1966. He has also taught at the University of Wisconsin-Milwaukee and was a visiting professor in the department of economics at Boston University. At Capilano College and Vancouver Community College, he taught introductory sociology. He is a Fellow of the Royal Society of Canada. Dr. Boland has published six books on economic methodology, including The Foundations of Economic Method: A Popperian Perspective (2003); The Principles of Economics: Some Lies My Teachers Told Me (1992); and The Methodology of Economic Model Building: Methodology after Samuelson (1989)"-- | ||
650 | 0 | _aEconometric models. | |
650 | 0 | _aEconomics. | |
650 | 7 |
_aBUSINESS & ECONOMICS / Economic History. _2bisacsh |
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906 |
_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg |
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942 |
_2ddc _cBOOKS |
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999 |
_c15545 _d15545 |