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Introduction: is data mining a methodological problem?

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Author Info
Roger E. Backhouse, Mary S. Morgan

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Abstract

This survey of the symposium papers argues that the problem of data mining should be of interest to both practicing econometricians and specialists in economic methodology. After summarizing some of the main points to arise in the symposium, it draws on recent work in the philosophy of science to point to parallels between data mining and practices engaged in routinely by experimental scientists. These suggest that data mining might be seen in a more positive light than conventional doubts about it imply.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Journal of Economic Methodology.

Volume (Year): 7 (2000)
Issue (Month): 2 (June)
Pages: 171-181
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Handle: RePEc:taf:jecmet:v:7:y:2000:i:2:p:171-181

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Related research
Keywords: Data Mining Econometrics Econometric Methodology Economic Methodology Experiments Philosophy Of Science Experimental Method;

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Thomas Mayer, . "Data Mining: A Reconsideration," Department of Economics 97-15, California Davis - Department of Economics. [Downloadable!]
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  2. Lovell, Michael C, 1983. "Data Mining," The Review of Economics and Statistics, MIT Press, vol. 65(1), pages 1-12, February. [Downloadable!] (restricted)
  3. Kevin D. Hoover, Stephen J. Perez, 2000. "Three attitudes towards data mining," Journal of Economic Methodology, Taylor and Francis Journals, vol. 7(2), pages 195-210, June. [Downloadable!] (restricted)
  4. Adrian R. Pagan, Michael R. Veall, 2000. "Data mining and the econometrics industry: comments on the papers of Mayer and of Hoover and Perez," Journal of Economic Methodology, Taylor and Francis Journals, vol. 7(2), pages 211-216, June. [Downloadable!] (restricted)
  5. Boumans, Marcel, 1999. "Representation and Stability in Testing and Measuring Rational Expectations," Journal of Economic Methodology, Taylor and Francis Journals, vol. 6(3), pages 381-401, November.
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Timothy P. Roth, 2001. "How science proceeds: the role of assumptions in the explanation of phenomena," Journal of Economic Methodology, Taylor and Francis Journals, vol. 8(3), pages 420-422, November. [Downloadable!] (restricted)
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