Models, Mathematics, and Methodology in Economic Explanation

Models, Mathematics, and Methodology in Economic Explanation PDF Author: Donald W. Katzner
Publisher: Cambridge University Press
ISBN: 1108418775
Category : Business & Economics
Languages : en
Pages : 261

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Book Description
This book provides a practitioner's foundation for the process of explanatory model building, breaking down that process into five stages. Donald W. Katzner presents a concrete example with unquantified variable values to show how the five-stage procedure works. He describes what is involved in explanatory model building for those interested in this practice, while simultaneously providing a guide for those actually engaged in it. The combination of Katzner's focus on modeling and on mathematics, along with his focus on the explanatory performance of modeling, promises to become an important contribution to the field.

Models, Mathematics, and Methodology in Economic Explanation

Models, Mathematics, and Methodology in Economic Explanation PDF Author: Donald W. Katzner
Publisher: Cambridge University Press
ISBN: 1108418775
Category : Business & Economics
Languages : en
Pages : 261

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Book Description
This book provides a practitioner's foundation for the process of explanatory model building, breaking down that process into five stages. Donald W. Katzner presents a concrete example with unquantified variable values to show how the five-stage procedure works. He describes what is involved in explanatory model building for those interested in this practice, while simultaneously providing a guide for those actually engaged in it. The combination of Katzner's focus on modeling and on mathematics, along with his focus on the explanatory performance of modeling, promises to become an important contribution to the field.

Mathematical Methods and Models in Economic Dynamics

Mathematical Methods and Models in Economic Dynamics PDF Author: Giancarlo Gandolfo
Publisher: North-Holland
ISBN: 9780444101068
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Textbook on mathematics methodology and economic models commonly used in economic dynamics (economic analysis) - comprises two sections on the techniques of difference and differential equations. Bibliography pp. 489 to 498.

Economic Models

Economic Models PDF Author: Dipak R. Basu
Publisher: World Scientific
ISBN: 9812836454
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
Model Building is the most fruitful area of economics, designed to solve real-world problems using all available methods such as mathematical, computational and analytical, without distinction. Wherever necessary, we should not be reluctant to develop new techniques, whether mathematical or computational. That is the philosophy of this volume. The volume is divided into three distinct parts: Methods, Theory and Applications. The Methods section is in turn subdivided into Mathematical Programming and Econometrics and Adaptive Control System, which are widely used in econometric analysis. The impacts of fiscal policy in a regime with independent monetary authority and dynamic models of environmental taxation are considered. In the section on "Modelling Business Organization," a model of a Japanese organization is presented. Furthermore, a model suitable for an efficient budget management of a health service unit by applying goal programming method is analyzed, taking into account various socio-economic factors. This is followed by a section on "Modelling National Economies," in which macroeconometric models for the EU member countries are analyzed, to find instruments that stabilize inflation with coordinated action.

Including a Symposium on Bruce Caldwell's Beyond Positivism after 35 Years

Including a Symposium on Bruce Caldwell's Beyond Positivism after 35 Years PDF Author: Luca Fiorito
Publisher: Emerald Group Publishing
ISBN: 1787561267
Category : Business & Economics
Languages : en
Pages : 203

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Book Description
Volume 36A of Research in the History of Economic Thought and Methodology features a symposium on Bruce Caldwell’s Beyond Positivism after 35 years. The volume also features general-research essays from Luis Mireles-Flores and Alain Marciano. Luca Fiorito presents a new discovery from the archives.

The Methodology of Economic Model Building (Routledge Revivals)

The Methodology of Economic Model Building (Routledge Revivals) PDF Author: Lawrence A. Boland
Publisher: Routledge
ISBN: 1317680960
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
The major methodological task for modern economists has been to establish the testability of models. Too often, however, methodological assumptions can make a model virtually impossible to test even under ideal conditions, yet few theorists have examined the requirements and problems of assuring testability in economics. In The Methodology of Economic Model Building, first published in 1989, Lawrence Boland presents the results of a research project that spanned more than twenty years. He examines how economists have applied the philosophy of Karl Popper, relating methodological debates about falsifiability to wider discussions about the truth status of models in natural and social sciences. He concludes that model building in economics reflects more the methodological prescriptions of the economist Paul Samuelson than Popper’s ‘falsificationism’. This title will prove invaluable to both students and researchers, and represents a substantial contribution to debates about the scientific status of economics.

The Best Writing on Mathematics 2018

The Best Writing on Mathematics 2018 PDF Author: Mircea Pitici
Publisher: Princeton University Press
ISBN: 0691188726
Category : Mathematics
Languages : en
Pages : 272

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Book Description
The year’s finest mathematical writing from around the world This annual anthology brings together the year’s finest mathematics writing from around the world. Featuring promising new voices alongside some of the foremost names in the field, The Best Writing on Mathematics 2018 makes available to a wide audience many pieces not easily found anywhere else—and you don’t need to be a mathematician to enjoy them. These essays delve into the history, philosophy, teaching, and everyday aspects of math, offering surprising insights into its nature, meaning, and practice—and taking readers behind the scenes of today’s hottest mathematical debates. James Grime shows how to build subtly mischievous dice for playing slightly unfair games and Michael Barany traces how our appreciation of the societal importance of mathematics has developed since World War II. In other essays, Francis Su extolls the inherent values of learning, doing, and sharing mathematics, and Margaret Wertheim takes us on a mathematical exploration of the mind and the world—with glimpses at science, philosophy, music, art, and even crocheting. And there’s much, much more. In addition to presenting the year’s most memorable math writing, this must-have anthology includes an introduction by the editor and a bibliography of other notable pieces on mathematics. This is a must-read for anyone interested in where math has taken us—and where it is headed.

Mathematical Methods and Models in Economic Planning, Management and Budgeting

Mathematical Methods and Models in Economic Planning, Management and Budgeting PDF Author: Galimkair Mutanov
Publisher: Springer
ISBN: 3662451425
Category : Business & Economics
Languages : en
Pages : 364

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Book Description
This book describes a system of mathematical models and methods that can be used to analyze real economic and managerial decisions and to improve their effectiveness. Application areas include: management of development and operation budgets, assessment and management of economic systems using an energy entropy approach, equation of exchange rates and forecasting foreign exchange operations, evaluation of innovative projects, monitoring of governmental programs, risk management of investment processes, decisions on the allocation of resources, and identification of competitive industrial clusters. The proposed methods and models were tested on the example of Kazakhstan’s economy, but the generated solutions will be useful for applications at other levels and in other countries. Regarding your book "Mathematical Methods and Models in Economics", I am impressed because now it is time when "econometrics" is becoming more appreciated by economists and by schools that are the hosts or employers of modern economists. ... Your presented results really impressed me. John F. Nash, Jr., Princeton University, Nobel Memorial Prize in Economic Sciences The book is within my scope of interest because of its novelty and practicality. First, there is a need for realistic modeling of complex systems, both natural and artificial that conclude computer and economic systems. There has been an ongoing effort in developing models dealing with complexity and incomplete knowledge. Consequently, it is clear to recognize the contribution of Mutanov to encapsulate economic modeling with emphasis on budgeting and innovation. Secondly, the method proposed by Mutanov has been verified by applying to the case of the Republic of Kazakhstan, with her vibrant emerging economy. Thirdly, Chapter 5 of the book is of particular interest for the computer technology community because it deals with innovation. In summary, the book of Mutanov should become one of the outstanding recognized pragmatic guides for dealing with innovative systems. Andrzej Rucinski, University of New Hampshire This book is unique in its theoretical findings and practical applicability. The book is an illuminating study based on an applied mathematical model which uses methods such as linear programming and input-output analysis. Moreover, this work demonstrates the author’s great insight and academic brilliance in the fields of finance, technological innovations and marketing vis-à-vis the market economy. From both theoretical and practical standpoint, this work is indeed a great achievement. Yeon Cheon Oh, President of Seoul National University

Representation and Structure in Economics

Representation and Structure in Economics PDF Author: Hsiang-Ke Chao
Publisher: Routledge
ISBN: 1134230206
Category : Business & Economics
Languages : en
Pages : 176

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Book Description
This book provides a methodological perspective on understanding the essential roles of econometric models in the theory and practice. Offering a comprehensive and comparative exposition of the accounts of models in both econometrics and philosophy of science, this work shows how econometrics and philosophy of science are interconnected while exploring the methodological insight of econometric modelling that can be added to modern philosophical thought. The notion of structure is thoroughly discussed throughout the book. The studies of the consumption function of Trygve Haavelmo, Richard Stone, Milton Friedman, David Hendry and Robert Lucas are taken as the case studies to investigate their methodological implications of model and structure. In addition to the semantic view of the scientific theories, various philosophical accounts concerning scientific models are used to shed light on the methodological nature of these consumption studies in economics. This book will be of great interest to scholars and students of methodology of economics and econometrics as well as anyone interested in the philosophy of science in an economic context.

Economic Models and Methodology

Economic Models and Methodology PDF Author: Randall G. Holcombe
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
The world is too complex for anyone to ever hope to understand all of its interrelationships simultaneously. Yet small aspects of the world we live in can be represented by comprehensible models. This is why economists use models in their analysis and research. In Economic Models and Methodology, Holcombe examines the way in which models are used in economics, and makes specific methodological recommendations more restrictive than the methodological doctrine of pluralism. Holcombe's book is not an encyclopedia of methodology, but rather an analysis of mainstream methodology, and an examination of the use of models in economics. Holcombe examines the role of assumptions in models, the use of empirical models in economics, and specific applications of models in both macroeconomics and microeconomics.

Economic Models

Economic Models PDF Author: Earl Francis Beach
Publisher: New York : Wiley
ISBN:
Category : Economics
Languages : en
Pages : 248

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Book Description