Theory versus Application: Does Complexity Crowd Out Evidence?

C-Tier
Journal: Southern Economic Journal
Year: 2005
Volume: 71
Issue: 3
Pages: 556-565

Authors (2)

Philip R. P. Coelho (not in RePEc) James E. McClure (Ball State University)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

Donald F. Gordon hypothesized that mathematical complexity in economics is inversely related to operational ism. Here we (i) operationalize Gordon's hypothesis, (ii) test for the significance of trends in complexity for the American Economic Review, Economic Journal, Journal of Political Economy, and Quarterly Journal of Economics, and (iii) test Gordon's hypothesis hy conducting analyses of the contents of articles from the American Economic Review (AER), as well as the contents of articles citing the AER articles. The results do not refute the hypothesis that complexity crowds out operationalism in economics. Additionally, the presence of significant, positive trends toward complexity suggests that the magnitude of the crowding out is on the rise in these journals.

Technical Details

RePEc Handle
repec:wly:soecon:v:71:y:2005:i:3:p:556-565
Journal Field
General
Author Count
2
Added to Database
2026-01-25