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The Resource Model building in economics : its purposes and limitations, Lawrence A. Boland, Simon Fraser University, Canada

Model building in economics : its purposes and limitations, Lawrence A. Boland, Simon Fraser University, Canada

Label
Model building in economics : its purposes and limitations
Title
Model building in economics
Title remainder
its purposes and limitations
Statement of responsibility
Lawrence A. Boland, Simon Fraser University, Canada
Creator
Subject
Language
eng
Summary
"Concern about the role and the limits of modeling has heightened after repeated questions were raised regarding the dependability and suitability of the models that were used in the run-up to the 2008 financial crash. In this book, Lawrence Boland provides an overview of the practices of and the problems faced by model builders to explain the nature of models, the modeling process, and the possibility for and nature of their testing. In a reflective manner, the author raises serious questions about the assumptions and judgments that model builders make in constructing models. In making his case, he examines the traditional microeconomics-macroeconomics separation with regard to how theoretical models are built and used and how they interact, paying particular attention to the use of equilibrium concepts in macroeconomic models and game theory and to the challenges involved in building empirical models, testing models, and using models to test theoretical explanations."--
Assigning source
Provided by publisher
Cataloging source
DLC
Index
no index present
LC call number
HB141
LC item number
.B64 2014
Literary form
non fiction
Model building in economics : its purposes and limitations, Lawrence A. Boland, Simon Fraser University, Canada
Label
Model building in economics : its purposes and limitations, Lawrence A. Boland, Simon Fraser University, Canada
Publication
Related Contributor
Related Location
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Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
1. Microeconomic versus macroeconomic theoretical model building -- 2. On the limitations of equilibrium models in general -- 3. On building theoretical models using game theory -- 4. On the purpose and limitations of game-theoretic models -- 5. Microeconomic versus macroeconomic empirical model building -- 6. On building macro-econometric models -- 7. Modeling and forecasting -- 8. On the role and limitations of experimental and behavioural economics -- 9. The logical adequacy of convincing tests of models using empirical data -- 10. The statistical adequacy of convincing tests of models using empirical data -- 11. Model building from a philosophy of science perspective -- 12. Choosing model-building methods
http://library.link/vocab/cover_art
https://contentcafe2.btol.com/ContentCafe/Jacket.aspx?Return=1&Type=S&Value=9781107673472&userID=ebsco-test&password=ebsco-test
Dimensions
24 cm
http://library.link/vocab/discovery_link
{'f': 'http://opac.lib.rpi.edu/record=b3622942'}
Extent
xix, 276 pages
Isbn
9781107673472
Isbn Type
(paperback)
Lccn
2014009762
Media category
unmediated
Media MARC source
rdamedia
Other control number
40024116403
System control number
(OCoLC)881386440

Library Locations

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      42.729766 -73.682577
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