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Applied economics, contrast explanation and asymmetric information

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  • Tony Lawson

Abstract

The purpose of this paper is to illustrate the workings of an explanatory method for applied economics. It is a method that is rarely explicitly examined or defended in the discipline, but which, I believe, has a lot of promise for the sorts of contexts that economists must address. My strategy is to show that, and how, the method in question effectively underpins at least one study already widely regarded as explanatorily successful. Copyright The Author 2008. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved., Oxford University Press.

Suggested Citation

  • Tony Lawson, 2009. "Applied economics, contrast explanation and asymmetric information," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 33(3), pages 405-419, May.
  • Handle: RePEc:oup:cambje:v:33:y:2009:i:3:p:405-419
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    File URL: http://hdl.handle.net/10.1093/cje/ben047
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    Cited by:

    1. Ton, Giel & Vellema, Sietze & DeRuyterDeWildt, Marieke, 2011. "Credible evidence on complex change processes: key challenges in impact evaluation on agricultural value chains," MPRA Paper 32027, University Library of Munich, Germany.
    2. Heffron, Raphael J., 2013. "Nuclear energy policy in the United States 1990–2010: A federal or state responsibility?," Energy Policy, Elsevier, vol. 62(C), pages 254-266.
    3. Phil Faulkner & Stephen Pratten & Jochen Runde, 2017. "Cambridge Social Ontology: Clarification, Development and Deployment," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 41(5), pages 1265-1277.
    4. Agustina Borella, 2012. "Isolation and economic models in critical realism," Economía, Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela, vol. 37(34), pages 139-152, july-dece.
    5. Heffron, Raphael J., 2013. "The application of contrast explanation to energy policy research: UK nuclear energy policy 2002–2012," Energy Policy, Elsevier, vol. 55(C), pages 602-616.
    6. Donald Gillies, 2012. "Economics and Research Assessment Systems," Economic Thought, World Economics Association, vol. 1(1), pages 1-2, July.
    7. Tony Lawson, 2014. "Modelación matemática e ideología en la economía académica," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 16(30), pages 25-51, January-J.

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