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20 maj 2020 · I will offer a set of concepts and principles to improve transparency about the precise contents of idealizations (in terms of negligibility, applicability, tractability, and early-step status) and their distinct functions (such as contributing to minimal modeling, benchmark modeling, and how-possibly modeling). 1.
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.
Deidealization is crucial for different kinds of attempts to apply models to the world by empirical use with statistics, in designing experiments, or in mak- — ing arguments about concrete events. Such attempts unquestionably involve deidealization.
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).
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.
A key model feature is that phases of devaluation and/or idealization are consolidated by rationally attributing counter-evidence to external factors. For example, when another person is idealized, their less-than-perfect behavior is attributed to unfavorable external circumstances.
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. All three kinds of...