IDEAS home Printed from https://ideas.repec.org/a/oup/erevae/v16y1989i3p319-43.html
   My bibliography  Save this article

On the Limitations of Armchair Economics: Some Views of an Armchair Agricultural Economist

Author

Listed:
  • Brandes, Wilhelm

Abstract

A large portion of economists' activities can be labeled armchair economics. In this paper, the limitations of armchair economics, with respect to explaining and predicting aggregate phenomena, are discussed. It is argued that, due to ambiguity of sophisticated theory and compensating errors in empirical estimations, armchair economics is likely to face more serious limitations than is generally acknowledged by the mainstream of the profession. Copyright 1989 by Oxford University Press.

Suggested Citation

  • Brandes, Wilhelm, 1989. "On the Limitations of Armchair Economics: Some Views of an Armchair Agricultural Economist," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 16(3), pages 319-343.
    • Handle: RePEc:oup:erevae:v:16:y:1989:i:3:p:319-43
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Petrick, Martin, 2004. "Can Econometric Analysis Make (Agricultural) Economics A Hard Science? Critical Remarks And Implications For Economic Methodology," IAMO Discussion Papers 14911, Institute of Agricultural Development in Transition Economies (IAMO).
    2. Britz, Wolfgang & Kuhn, Arnim, 2011. "Can Hydro-economic River Basis Models Simulate Water Shadow Prices Under Asymmetric Access?," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114272, European Association of Agricultural Economists.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:erevae:v:16:y:1989:i:3:p:319-43. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/eaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.