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The indeterminacy of the beliefs, preferences, and constraints framework

Published online by Cambridge University Press:  27 April 2007

Daniel John Zizzo
Affiliation:
School of Economics, University of East Anglia, Norwich NR7 4TJ, United Kingdom. d.zizzo@uea.ac.ukhttp://www.uea.ac.uk/∼ec601

Abstract

The beliefs, preferences, and constraints framework provides a language that economists, and possibly others, may largely share. However, it has got so many levels of indeterminacy that it is otherwise almost meaningless: when no evidence can ever be a problem for scientific construct Z, then there is a problem for Z, for nothing can also be considered supportive of Z.

Type
Open Peer Commentary
Copyright
2007 Cambridge University Press

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