A criterion for realism, with an application to behavioral economic models

Many economists working within the framework of behavioral economics (BE) label the conventional way of modeling as unrealistic, and consider their own approach as more realistic than the standard practice. However, a criterion for realism is lacking in behavioral economics literature. This paper of...

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Autores principales:	Gustavo Marqués, Diego Weisman
Formato:	article
Lenguaje:	DE EN FR
Publicado:	Editura ASE Bucuresti 2015
Materias:	realism behavioral economics philosophy of economics economic models Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/be137b924cf54d2ca5039da6caa3177e
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spelling	oai:doaj.org-article:be137b924cf54d2ca5039da6caa3177e2021-12-02T04:59:30ZA criterion for realism, with an application to behavioral economic models1843-22981844-8208https://doaj.org/article/be137b924cf54d2ca5039da6caa3177e2015-11-01T00:00:00Z http://jpe.ro/pdf.php?id=7307 https://doaj.org/toc/1843-2298https://doaj.org/toc/1844-8208Many economists working within the framework of behavioral economics (BE) label the conventional way of modeling as unrealistic, and consider their own approach as more realistic than the standard practice. However, a criterion for realism is lacking in behavioral economics literature. This paper offers a simple criterion for predicating realism to economic models, and provides an illustration of such criterion at work on a particular BE model.Gustavo MarquésDiego WeismanEditura ASE Bucurestiarticlerealismbehavioral economicsphilosophy of economicseconomic modelsEconomics as a scienceHB71-74DEENFRJournal of Philosophical Economics, Vol IX, Iss 1, Pp 125-145 (2015)
institution	DOAJ
collection	DOAJ
language	DE EN FR
topic	realism behavioral economics philosophy of economics economic models Economics as a science HB71-74
spellingShingle	realism behavioral economics philosophy of economics economic models Economics as a science HB71-74 Gustavo Marqués Diego Weisman A criterion for realism, with an application to behavioral economic models
description	Many economists working within the framework of behavioral economics (BE) label the conventional way of modeling as unrealistic, and consider their own approach as more realistic than the standard practice. However, a criterion for realism is lacking in behavioral economics literature. This paper offers a simple criterion for predicating realism to economic models, and provides an illustration of such criterion at work on a particular BE model.
format	article
author	Gustavo Marqués Diego Weisman
author_facet	Gustavo Marqués Diego Weisman
author_sort	Gustavo Marqués
title	A criterion for realism, with an application to behavioral economic models
title_short	A criterion for realism, with an application to behavioral economic models
title_full	A criterion for realism, with an application to behavioral economic models
title_fullStr	A criterion for realism, with an application to behavioral economic models
title_full_unstemmed	A criterion for realism, with an application to behavioral economic models
title_sort	criterion for realism, with an application to behavioral economic models
publisher	Editura ASE Bucuresti
publishDate	2015
url	https://doaj.org/article/be137b924cf54d2ca5039da6caa3177e
work_keys_str_mv	AT gustavomarques acriterionforrealismwithanapplicationtobehavioraleconomicmodels AT diegoweisman acriterionforrealismwithanapplicationtobehavioraleconomicmodels AT gustavomarques criterionforrealismwithanapplicationtobehavioraleconomicmodels AT diegoweisman criterionforrealismwithanapplicationtobehavioraleconomicmodels
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A criterion for realism, with an application to behavioral economic models

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