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  1. 20 maj 2020 · For example, the idealizing assumptions of rational action in theoretical economics are indispensable means for explanatory purposes: “Only in this way is it possible to assess the causal significance of irrational factors as accounting for the deviations from this [ideal] type” (Weber 1947, 92).

  2. In what follows, we analyze the processes of deidealization by drawing on examples from economics and the existing literature in the philosophy of economics on model application problems (e.g., Boumans 2005; Alexandrova 2006; Reiss 2008; Svetlova 2013).

  3. 22 sty 2019 · We introduce work on epistemic value to the debate surrounding idealizations and understanding, arguing that idealizations qua falsehoods confer only non-epistemic value to understanding. We argue for this claim by criticizing the leading accounts of how idealizations provide understanding.

  4. 4 sie 2010 · Let us examine the suggestion that idealization in economics is different from idealization in physics (which is not yet to suggest that the difference implies a fault) to see whether we might get some perspective on the quantitative performance of economics.

  5. 28 lis 2012 · This paper aims (a) to provide characterizations of realism and instrumentalism that are philosophically interesting and applicable to economics; and (b) to defend instrumentalism against realism as a methodological stance in economics.

  6. 1 sty 2013 · I argue that understanding idealization as a conceptual act that can be distinguished into three kinds: isolation, stabilization and decomposition is a promising way for making sense of many important characteristics of economic modeling.

  7. 1 gru 2021 · De-idealization occurs when an idealized assumption of a theoretical model is replaced with a more realistic one. Recently, some scholars have raised objections against the possibility or fruitfulness of de-idealizing economic models, suggesting that economists do not employ this kind of strategy.

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