The Methodology of Economic Model Building (Routledge Revivals)

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Focusing on the intersection of economic modeling and philosophy, this work delves into how economists utilize Karl Popper's ideas, particularly the concept of falsifiability. Boland's extensive research over two decades highlights the methodological debates surrounding the validity of models in both natural and social sciences, offering insights into the truth status of these models. The book provides a critical examination that bridges economic theory with philosophical inquiry, enriching the understanding of model building in economics.