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Information in Economics: A Fictionalist Account

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  • Philip Mirowski

Abstract

We propose that certain classes of economic models best be understood as ‘fictions,’ in the sense promoted by Roman Frigg and others. The structure of the argument parallels that made by Arnon Levy for information in biology. The lesson is that economists are not really all that concerned over the sorts of things, such as the nature of knowledge, that philosophers deem central to epistemology.

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  • Philip Mirowski, 2016. "Information in Economics: A Fictionalist Account," Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften, Duncker & Humblot, Berlin, vol. 136(1), pages 109-130.
    • Handle: RePEc:dah:aeqsjb:v136_y2016_i1_q1_p109-130
    DOI: 10.3790/schm.136.1.109
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