IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-19258-8_1.html
   My bibliography  Save this book chapter

Inductivism and Deductivism in Economics

In: Methodology and Economics

Author

Listed:
  • John Pheby

    (City of Birmingham Polytechnic)

Abstract

This chapter is concerned with two methodological positions, inductivism and deductivism, that have exerted some influence upon the methodology of economists. It should be emphasised immediately that I am not claiming that inductivism and deductivism are practised widely by a majority of economists. Indeed, my representation will be of a somewhat extreme variety of these two positions. However, I believe that consideration of them is helpful for two reasons: firstly, a number of the other methodologies discussed in this book were developed either as a reaction to, or development from, facets contained within inductivism and deductivism. Secondly, these two methodologies have done much to influence the general tone of economic methodology as something hard, rigorous and naturalistic. Consequently, they will hold important implications as to the type of economics we study.

Suggested Citation

  • John Pheby, 1988. "Inductivism and Deductivism in Economics," Palgrave Macmillan Books, in: Methodology and Economics, chapter 1, pages 1-21, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-19258-8_1
    DOI: 10.1007/978-1-349-19258-8_1
    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.

    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:pal:palchp:978-1-349-19258-8_1. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    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.