The explanation paradox

Journal of Economic Methodology 19 (1):43-62 (2012)
Abstract
This paper examines mathematical models in economics and observes that three mutually inconsistent hypotheses concerning models and explanation are widely held: (1) economic models are false; (2) economic models are nevertheless explanatory; and (3) only true accounts explain. Commentators have typically resolved the paradox by rejecting either one of these hypotheses. I will argue that none of the proposed resolutions work and conclude that therefore the paradox is genuine and likely to stay
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DOI 10.1080/1350178X.2012.661069
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References found in this work BETA
How the Laws of Physics Lie.Nancy Cartwright - 1983 - Oxford University Press.

View all 25 references / Add more references

Citations of this work BETA
Genuineness Resolved: A Reply to Reiss' Purported Paradox.Till Grüne-Yanoff - 2013 - Journal of Economic Methodology 20 (3):255 - 261.
It's Just a Feeling: Why Economic Models Do Not Explain.Anna Alexandrova & Robert Northcott - 2013 - Journal of Economic Methodology 20 (3):262 - 267.
How Fictional Accounts Can Explain.Robert Sugden - 2013 - Journal of Economic Methodology 20 (3):237 - 243.
The Explanation Paradox Redux.Julian Reiss - 2013 - Journal of Economic Methodology 20 (3):280 - 292.

View all 13 citations / Add more citations

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