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Explanation, prediction, and conceptual exploration.

Authors :
Hausman, Daniel
Source :
Journal of Economic Methodology. Dec2024, Vol. 31 Issue 4, p232-240. 9p.
Publication Year :
2024

Abstract

This essay aims to provide a rigorous foundation for Gilboa's, Postlewaite's, Samuelson's and Schmeidler's (GPSS's) account of the constitution of models and the role of models in explanation and prediction. Although I shall offer some criticisms, my goal is to sketch analyses of explanations and models that complement GPSS's distinctions between the uses of models to explain, prescribe, predict, and explore the consequences of theories. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
1350178X
Volume :
31
Issue :
4
Database :
Academic Search Index
Journal :
Journal of Economic Methodology
Publication Type :
Academic Journal
Accession number :
182296728
Full Text :
https://doi.org/10.1080/1350178X.2024.2326909