A revision of the neoclassical economics methodology

Journal of Economic Methodology 3 (1):39-68 (1996)
Abstract
The practice of neoclassical economics is characterized as an ?axiomatic positivism?, which is far removed from the official (Popper-Lakatos) methodology of neoclassicism. Hausman (1992) attempts to provide a full revision of that official methodology, for which he takes recourse to the methodological work of J.S. Mill. Hausman's methodology is problematical because of: (1) an inadequate distinction between a normative and a descriptive methodology; (2) an insufficient consideration of the empirical stages of theory appraisal; (3) a misleading account of the tendential character of economic generalizations, as revealed by his treatment of them as ceteris paribus formulations. Further, an arbitrary part of the theory assessment in Hausman's approach seems to run in praxeological terms, apparently divorced from the methodological appraisal.
Keywords No keywords specified (fix it)
Categories (categorize this paper)
DOI 10.1080/13501789600000002
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
Our Archive


Upload a copy of this paper     Check publisher's policy     Papers currently archived: 28,165
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
Essays in Positive Economics.Milton Friedman - 1953 - University of Chicago Press.

View all 9 references / Add more references

Citations of this work BETA
Two Portraits of Economics.Uskali Mäki - 1996 - Journal of Economic Methodology 3 (1):1-38.
Theory Appraisal in Neoclassical Economics.Daniel M. Hausman - 1997 - Journal of Economic Methodology 4 (2):289-296.

Add more citations

Similar books and articles
Models of Man: Neoclassical, Behavioural, and Evolutionary.Dennis C. Mueller - 2004 - Politics, Philosophy and Economics 3 (1):59-76.
Situational Analysis Beyond Neoclassical Economists.Lawrence A. Boland - 1998 - Philosophy of the Social Sciences 28 (4):515-521.
Theory Appraisal in Neoclassical Economics.Daniel M. Hausman - 1997 - Journal of Economic Methodology 4 (2):289-296.
Two Portraits of Economics.Uskali Mäki - 1996 - Journal of Economic Methodology 3 (1):1-38.
Realist Philosophy and Methodology of Economics: What is It?Daniel M. Hausman - 2000 - Journal of Economic Methodology 7 (1):127-133.
Philosophy of Economics.Daniel M. Hausman - 2008 - Stanford Encyclopedia of Philosophy.
Remarks on 'The Methodology of Positive Economics'.Melvin W. Reder - 2003 - Journal of Economic Methodology 10 (4):527-530.

Monthly downloads

Added to index

2012-02-20

Total downloads

13 ( #355,337 of 2,172,023 )

Recent downloads (6 months)

1 ( #325,967 of 2,172,023 )

How can I increase my downloads?

My notes
Sign in to use this feature


Discussion
Order:
There  are no threads in this forum
Nothing in this forum yet.

Other forums