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Kinds of Assumptions and Their Truth: Shaking an Untwisted F-Twist

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Author Info
Maki, Uskali
Abstract

In an insightful article published in this journal, Alan Musgrave (1981) has argued that once we distinguish between three kinds of assumptions, Milton Friedman's F-twist--according to which the truth of the assumptions of an economic theory is irrelevant to its acceptability--can be untwisted. It is shown that once we bring in more clarity on the formal identity of the different kinds of assumptions, Musgrave's contribution can be further refined: distinctions can be drawn between detectability and negligibility assumptions, and between domain and applicability assumptions; the suggested gap between as-if assumptions and other kinds can be removed; another type, that of joint negligibility assumption, can be introduced; the untwisting of the F-twist can be accepted in all cases except in the case of early-step (heuristic) assumptions; and the art of paraphrase is shown to constitute the basis for Musgrave's strategy and to have limits. Copyright 2000 by WWZ and Helbing & Lichtenhahn Verlag AG

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Publisher Info
Article provided by Blackwell Publishing in its journal Kyklos.

Volume (Year): 53 (2000)
Issue (Month): 3 ()
Pages: 317-36
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Handle: RePEc:bla:kyklos:v:53:y:2000:i:3:p:317-36

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  1. Francesco Guala & Andrea Salanti, 2002. "On the Robustness of Economic Models," Working Papers 0208, University of Bergamo, Department of Economics. [Downloadable!]
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