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Clarifying the 'puzzle' between the Textbook and LSE approaches to econometrics: A comment on Cook's Kuhnian perspective on econometric modelling

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  • George Davis

Abstract

In a recent article, Cook conducted a Kuhnian analysis of the difference between the Textbook and LSE econometric approaches. This paper uses a semantic conception of theories (Suppe 1989) and a finer gradation of the theory of reduction process to clarify the apparent puzzle that exist between the Textbook and LSE approaches to econometrics. The paper demonstrates that a Kuhnian analysis in isolation can be more misleading than realized.

Suggested Citation

  • George Davis, 2005. "Clarifying the 'puzzle' between the Textbook and LSE approaches to econometrics: A comment on Cook's Kuhnian perspective on econometric modelling," Journal of Economic Methodology, Taylor & Francis Journals, vol. 12(1), pages 93-115.
    • Handle: RePEc:taf:jecmet:v:12:y:2005:i:1:p:93-115
    DOI: 10.1080/1350178042000330913
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    References listed on IDEAS

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    1. Blaug,Mark, 1993. "The Methodology of Economics," Cambridge Books, Cambridge University Press, number 9780521436786, October.
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