Truth approximation by concretization in capital structure theory

In Bert Hamminga & Neil De Marchi (eds.), Idealization Vi: Idealization in Economics. Rodopi. pp. 205--228 (1994)
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Abstract

This paper supplies a structuralist reconstruction of the Modigliani-Miller theory and shows that the economic literature following their results reports on research with an implicit strategy to come "closer-to-the-truth" in the modern technical sense in philosophy of science

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