Theories and Models in Economics: An Empirical Approach to Methodology

by Hans Lind

This innovative book uses in-depth empirical studies of scientific articles and takes inspiration from Nobel laureates to explore how theories and models are used in economics. Hans Lind ultimately illustrates that economics studies a 'chaos-theoretic' system where a theory is a framework that helps formulate hypotheses rather than a set of statements about how an economy works. Based on these empirical studies Lind analyses different kinds of path-breaking...

• Format: Hardcover
• Language: English
• ISBN: 1035332949
• ISBN13: 9781035332946
• Release Date: April 2024
• Publisher: Edward Elgar Publishing
• Length: 134 Pages
• Dimensions: 6.1" x 9.2"