Recent advances on testability in economic equilibrium models

B-Tier
Journal: Journal of Mathematical Economics
Year: 2024
Volume: 114
Issue: C

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The revealed preference program started by Paul Samuelson brought a Popperian view of what constituted true scientific discovery to economic theory.11Samuelson (1938). In his Foundations, Samuelson states that “meaningful theorems” are hypotheses “about empirical data which could conceivably be refuted”.22See Samuelson (1947), p. 4. He worried that by appealing to unobservable fundamentals such as preferences, the body of economic theory built upon the premise of rational individual choice lacked a scientific foundation.

Technical Details

RePEc Handle
repec:eee:mateco:v:114:y:2024:i:c:s030440682400079x
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25