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The Price of Virtue: Some Hypotheses on How Tractability Has Shaped Economic Models

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  • Beatrice Cherrier

    (CREST - Centre de Recherche en Économie et Statistique - ENSAI - Ecole Nationale de la Statistique et de l'Analyse de l'Information [Bruz] - X - École polytechnique - IP Paris - Institut Polytechnique de Paris - ENSAE Paris - École Nationale de la Statistique et de l'Administration Économique - CNRS - Centre National de la Recherche Scientifique)

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  • Beatrice Cherrier, 2023. "The Price of Virtue: Some Hypotheses on How Tractability Has Shaped Economic Models," Post-Print halshs-04378635, HAL.
    • Handle: RePEc:hal:journl:halshs-04378635
    DOI: 10.4000/oeconomia.14116
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-04378635
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    References listed on IDEAS

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    1. Kollmann, Robert, 2017. "Tractable likelihood-based estimation of non-linear DSGE models," Economics Letters, Elsevier, vol. 161(C), pages 90-92.
    2. David Romer, 1986. "A Simple General Equilibrium Version of the Baumol-Tobin Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(4), pages 663-685.
    3. Frank Hindriks, 2006. "Tractability assumptions and the Musgrave-Maki typology," Journal of Economic Methodology, Taylor & Francis Journals, vol. 13(4), pages 401-423.
    4. Thomas Piketty & Emmanuel Saez, 2012. "A Theory of Optimal Capital Taxation," NBER Working Papers 17989, National Bureau of Economic Research, Inc.
    5. Dixit, Avinash K & Stiglitz, Joseph E, 1977. "Monopolistic Competition and Optimum Product Diversity," American Economic Review, American Economic Association, vol. 67(3), pages 297-308, June.
    6. Cox, James C. & Friedman, Daniel & Gjerstad, Steven, 2007. "A tractable model of reciprocity and fairness," Games and Economic Behavior, Elsevier, vol. 59(1), pages 17-45, April.
    7. Frank Hindriks, 2005. "Unobservability, tractability and the battle of assumptions," Journal of Economic Methodology, Taylor & Francis Journals, vol. 12(3), pages 383-406.
    8. Pedro Garcia Duarte, 2009. "A Feasible and Objective Concept of Optimal Monetary Policy: The Quadratic Loss Function in the Postwar Period," History of Political Economy, Duke University Press, vol. 41(1), pages 1-55, Spring.
    9. Daniel Kahneman, 2003. "A Psychological Perspective on Economics," American Economic Review, American Economic Association, vol. 93(2), pages 162-168, May.
    10. Alan Musgrave, 1981. "‘Unreal Assumptions’ In Economic Theory: The F‐Twist Untwisted," Kyklos, Wiley Blackwell, vol. 34(3), pages 377-387, August.
    11. repec:bla:kyklos:v:34:y:1981:i:3:p:377-87 is not listed on IDEAS
    12. Richard Lipsey, 2001. "Successes and failures in the transformation of economics," Journal of Economic Methodology, Taylor & Francis Journals, vol. 8(2), pages 169-201.
    13. Nelson, Richard R & Winter, Sidney G, 1974. "Neoclassical vs. Evolutionary Theories of Economic Growth: Critique and Prospectus," Economic Journal, Royal Economic Society, vol. 84(336), pages 886-905, December.
    14. Fernández-Villaverde, J. & Rubio-Ramírez, J.F. & Schorfheide, F., 2016. "Solution and Estimation Methods for DSGE Models," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 527-724, Elsevier.
    15. Itzhak Gilboa & Andrew Postlewaite & Larry Samuelson & David Schmeidler, 2022. "Economic Theories and Their Dueling Interpretations," PIER Working Paper Archive 22-013, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    16. Robert M. Solow, 1986. "What Is a Nice Girl Like You Doing in a Place Like This? Macroeconomics after Fifty Years," Eastern Economic Journal, Eastern Economic Association, vol. 12(3), pages 191-198, Jul-Sep.
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    18. Henry G. Grabowski, 1970. "Demand Shifting, Optimal Firm Growth, and Rule-of-Thumb Decision Making," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(2), pages 217-235.
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