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Models as signs" as "good economic models

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  • Ricardo F. Crespo

Abstract

This paper applies John Poinsot's doctrine about signs to the evaluation of "good economic models". First, a "good model" is defined. Then, Poinsot's conceptual framework and some current ideas about models are introduced. Third, the paper shows how Poinsot's and ideas about models can be combined. The conclusion is that a good model raises possible causes of the phenomena under examination, which should be then empirically verified

Suggested Citation

  • Ricardo F. Crespo, 2012. "Models as signs" as "good economic models," Estudios Economicos, Universidad Nacional del Sur, Departamento de Economia, vol. 29(58), pages 1-12, january-j.
    • Handle: RePEc:uns:esteco:v:29:y:2012:i:58:p:1-12
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    File URL: http://revistas.uns.edu.ar/ee/article/view/766/444
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    References listed on IDEAS

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    1. John B. Davis & D. W. Hands & Uskali Mäki (ed.), 1998. "The Handbook of Economic Methodology," Books, Edward Elgar Publishing, number 741.
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    4. Dow, Sheila, 2002. "Economic Methodology: An Inquiry," OUP Catalogue, Oxford University Press, number 9780198776123.
    5. Cartwright,Nancy, 2007. "Hunting Causes and Using Them," Cambridge Books, Cambridge University Press, number 9780521677981, January.
    6. Cartwright,Nancy, 1999. "The Dappled World," Cambridge Books, Cambridge University Press, number 9780521643368, January.
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    8. Guala,Francesco, 2005. "The Methodology of Experimental Economics," Cambridge Books, Cambridge University Press, number 9780521618618, January.
    9. Caterina Marchionni, 2006. "Contrastive explanation and unrealistic models: The case of the new economic geography," Journal of Economic Methodology, Taylor & Francis Journals, vol. 13(4), pages 425-446.
    10. Hausman,Daniel M., 1992. "The Inexact and Separate Science of Economics," Cambridge Books, Cambridge University Press, number 9780521415019, December.
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    Cited by:

    1. Jorge M. Streb, 2015. "Optimal Relevance in Imperfect Information Games," CEMA Working Papers: Serie Documentos de Trabajo. 570, Universidad del CEMA, revised May 2017.
    2. Jorge M. Streb & Gustavo Torrens, 2011. "Meaningful talk," CEMA Working Papers: Serie Documentos de Trabajo. 443, Universidad del CEMA, revised May 2017.

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    More about this item

    Keywords

    modelos económicos; teoría de los signos; causalidad;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • C0 - Mathematical and Quantitative Methods - - General

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