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On the Problem of Formalism in Economics
https://doi.org/10.32609/0042-8736-2006-3-111-124
Abstract
The author analyses "critical realist" economic methodology with respect to application of mathematical modeling. He indicates strong and weak sides of critical realist argument, putting emphasis on the works by T. Lawson. An alternative view on the role of formal technique in economics is proposed, taking into account the diversity of interpretative contexts while applying mathematical models.
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Review
For citations:
Hodgson G. On the Problem of Formalism in Economics. Voprosy Ekonomiki. 2006;(3):111-124. (In Russ.) https://doi.org/10.32609/0042-8736-2006-3-111-124
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