In Search of the Right Tool: From Formalism to Constructivist Modelling
AbstractThe object of this paper is to assert the implications, in terms of practices of the community of economists, of the adoption of specific mathematical tools. More precisely, the aim of this paper is to assert the non-neutrality of the mathematical tools used by economists and to show that, after half a century of domination of a peculiar vision of mathematics, namely formalism, economics is ready to switch to a diverse conception thanks to the availability of new mathematical tools, constructivist tools.
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Bibliographic InfoPaper provided by Groupe de REcherche en Droit, Économie, Gestion (GREDEG CNRS), University of Nice Sophia Antipolis in its series GREDEG Working Papers with number 2013-33.
Length: 22 pages
Date of creation: Sep 2013
Date of revision:
Formalism; constructivism; axiomatics; Austrian economics;
Find related papers by JEL classification:
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
- B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
- C69 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Other
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