Behind the Model

A Constructive Critique of Economic Modeling

Peter Spiegler

Cambridge University Press
Publication date : 2015-09-03

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This ambitious book looks 'behind the model' to reveal how economists use formal models to generate insights into the economy. Drawing on recent work in the philosophy of science and economic methodology, the book presents a novel framework for understanding the logic of economic modeling. It also reveals the ways in which economic models can mislead rather than illuminate. Importantly, the book goes beyond purely negative critique, proposing a concrete program of methodological reform to better equip economists to detect potential mismatches between their models and the targets of their inquiry. Ranging across economics, philosophy, and social science methods, and drawing on a variety of examples, including the recent financial crisis, Behind the Model will be of interest to anyone who has wondered how economics works - and why it sometimes fails so spectacularly.

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About the book

Author

Peter Spiegler

Imprint

Cambridge University Press

Collection

n.c

Publication date

2015-09-03

Pages

n.c

Print ISBN

9781107069664

Language

English

Ebook informations

EAN PDF

9781316371558

Price

£31.65

Copy count 0

Print count 0

File size 2259557 Ko

Informations accessibility

EAN EPUB

9781316365557

Price

£31.65

Copy count 0

Print count 0

File size 3256 Ko

Informations accessibility

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About author(s)

Peter Spiegler

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