Abstract
What Daniel Hausman has called 'the simple criticism of economic theory' affirms that neoclassical microeconomic models include false statements, and therefore economists cannot rationally accept such models. Hausman considers, but rejects, the modal view of economic models as a defense of neoclassical theory against the simple criticism. I attempt to show that, on the contrary, the modal view can be used to defend neoclassical micro theory. The modal view distinguishes theoretical from applied economic models. Theoretical models afford true descriptions of hypothetical economic agents, whereas applied models contain true or false statements about some real world situation. Relying on the modal view, I argue that the simple criticism is not well-founded, whether it concerns theoretical or applied models.
Keywords No keywords specified (fix it)
Categories No categories specified
(categorize this paper)
Options
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

PhilArchive copy


Upload a copy of this paper     Check publisher's policy     Papers currently archived: 54,715
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

No references found.

Add more references

Citations of this work BETA

Add more citations

Similar books and articles

Quasi-Modal Equivalence of Canonical Structures.Robert Goldblatt - 2001 - Journal of Symbolic Logic 66 (2):497-508.
Modal Correspondence for Models.Jon Barwise & Lawrence S. Moss - 1998 - Journal of Philosophical Logic 27 (3):275-294.
Scientific Theories, Models and the Semantic Approach.Krause Décio & Bueno Otávio - 2007 - Principia: An International Journal of Epistemology 11 (2):187-201.
Modal Logic Over Finite Structures.Eric Rosen - 1997 - Journal of Logic, Language and Information 6 (4):427-439.
The Extent of Russell's Modal Views.Thomas Magnell - 1991 - Erkenntnis 34 (2):171 - 185.
Economic Models and Historical Explanation.Steven Rappaport - 1995 - Philosophy of the Social Sciences 25 (4):421-441.
Probability: A New Logico-Semantical Approach. [REVIEW]Christina Schneider - 1994 - Journal for General Philosophy of Science / Zeitschrift für Allgemeine Wissenschaftstheorie 25 (1):107 - 124.
The Ersatz Pluriverse.Theodore Sider - 2002 - Journal of Philosophy 99 (6):279-315.

Analytics

Added to PP index
2011-05-29

Total views
13 ( #703,614 of 2,386,632 )

Recent downloads (6 months)
1 ( #552,015 of 2,386,632 )

How can I increase my downloads?

Downloads

My notes