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The illusion of exactness

The illusion of exactness After having summarized the connections with psychology, philosophy and history, the conclusion of the article is that the application of mathematical models in economics is permissible only in cases when the authors display clearly the time and space limits and other conditions of validity of their models used and, possibly, the attributes of their value-system. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Economic Studies Emerald Publishing

The illusion of exactness

Thomas Szira
Journal of Economic Studies , Volume 27 (4/5): 14 – Aug 1, 2000
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Publisher
Emerald Publishing
Copyright
Copyright © 2000 MCB UP Ltd. All rights reserved.
ISSN
0144-3585
DOI
10.1108/01443580010342410
Publisher site
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Abstract

After having summarized the connections with psychology, philosophy and history, the conclusion of the article is that the application of mathematical models in economics is permissible only in cases when the authors display clearly the time and space limits and other conditions of validity of their models used and, possibly, the attributes of their value-system.

Journal

Journal of Economic Studies – Emerald Publishing

Published: Aug 1, 2000

Keywords: Economics; Psychology; Philosophy; History

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