Economic Modelling as Robustness Analysis

Abstract
We claim that the process of theoretical model refinement in economics is best characterised as robustness analysis: the systematic examination of the robustness of modelling results with respect to particular modelling assumptions. We argue that this practise has epistemic value by extending William Wimsatt's account of robustness analysis as triangulation via independent means of determination. For economists robustness analysis is a crucial methodological strategy because their models are often based on idealisations and abstractions, and it is usually difficult to tell which idealisations are truly harmful
Keywords No keywords specified (fix it)
Categories (categorize this paper)
Options
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history Request removal from index
 
Download options
PhilPapers Archive


Upload a copy of this paper     Check publisher's policy on self-archival     Papers currently archived: 10,133
External links
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library
References found in this work BETA
Branden Fitelson (2001). A Bayesian Account of Independent Evidence with Applications. Proceedings of the Philosophy of Science Association 2001 (3):S123-.
Daniel M. Hausman (1985). Is Falsificationism Unpractised or Unpractisable? Philosophy of the Social Sciences 15 (3):313-319.

View all 20 references

Citations of this work BETA
Julian Reiss (2012). The Explanation Paradox. Journal of Economic Methodology 19 (1):43-62.

View all 9 citations

Similar books and articles
Analytics

Monthly downloads

Added to index

2010-08-11

Total downloads

26 ( #60,728 of 1,095,420 )

Recent downloads (6 months)

2 ( #79,738 of 1,095,420 )

How can I increase my downloads?

My notes
Sign in to use this feature


Discussion
Start a new thread
Order:
There  are no threads in this forum
Nothing in this forum yet.