Economics

Economics

Auteur : Itzhak Gilboa

Date de publication : 2016

Éditeur : SSRN

Nombre de pages : 51

Résumé du livre

We suggest that one way in which economic analysis is useful is by offering a critique of reasoning. According to this view, economic theory may be useful not only by providing predictions, but also by pointing out weaknesses of arguments. It is argued that, when a theory requires a non-trivial act of interpretation, it's roles in producing predictions and offering critiques vary in a substantial way. We offer a formal model i which these different roles can be captured.

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