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Underdetermination in Economics. The Duhem-Quine Thesis

Author

Listed:
  • Sawyer, K. R.
  • Beed, Clive
  • Sankey, H.

Abstract

This paper considers the relevance of the Duhem-Quine thesis in economics. In the introductory discussion which follows, the meaning of the thesis and a brief history of its development are detailed. The purpose of the paper is to discuss the effects of the thesis in four specific and diverse theories in economics, and to illustrate the dependence of testing the theories on a set of auxiliary hypotheses. A general taxonomy of auxiliary hypotheses is provided to demonstrate the confounding of auxiliary hypotheses with the testing of economic theory.

Suggested Citation

  • Sawyer, K. R. & Beed, Clive & Sankey, H., 1997. "Underdetermination in Economics. The Duhem-Quine Thesis," Economics and Philosophy, Cambridge University Press, vol. 13(1), pages 1-23, April.
    • Handle: RePEc:cup:ecnphi:v:13:y:1997:i:01:p:1-23_00
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    Cited by:

    1. Morten Søberg, 2002. "The Duhem-Quine thesis and experimental economics. A reinterpretation," Discussion Papers 329, Statistics Norway, Research Department.
    2. Poitras, Geoffrey, 2021. "Rhetoric, epistemology and climate change economics," Ecological Economics, Elsevier, vol. 184(C).
    3. Søberg, Morten, 2003. "The Duhem-Quine thesis and experimental economics: A reinterpretation," Memorandum 21/2002, Oslo University, Department of Economics.
    4. David Teira Serrano, 2006. "A positivist tradition in early demand theory," Journal of Economic Methodology, Taylor & Francis Journals, vol. 13(1), pages 25-47.
    5. Paul Windrum & Giorgio Fagiolo & Alessio Moneta, 2007. "Empirical Validation of Agent-Based Models: Alternatives and Prospects," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 10(2), pages 1-8.
    6. Steve Cook & Tom Winfield, 2015. "The urban-rural divide, regional disaggregation and the convergence of crime," Applied Economics, Taylor & Francis Journals, vol. 47(47), pages 5072-5087, October.
    7. Giorgio Fagiolo & Alessio Moneta & Paul Windrum, 2007. "A Critical Guide to Empirical Validation of Agent-Based Models in Economics: Methodologies, Procedures, and Open Problems," Computational Economics, Springer;Society for Computational Economics, vol. 30(3), pages 195-226, October.

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