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Re-reading Jevons's Principles of Science-Induction Redux

Author

Listed:
  • K. Vela Velupillai

    (Department of Economics, National University of Ireland, Galway)

Abstract

In this paper I try to substantiate the thesis that Jevons may have been too harsh on the vices of induction and generously optimistic about the virtues of deduction, as discussed, primarily, in his magnum opus, The Principles of Science [6]. With this aim in mind the paper attempts to suggest (modern), recursion theoretic, theoretical technologies that could reduce and, under con- ditions that I claim would be acceptable to Jevons, even eliminate the inductive indeterminacies that he had emphasised.

Suggested Citation

  • K. Vela Velupillai, 2007. "Re-reading Jevons's Principles of Science-Induction Redux," Working Papers 0129, National University of Ireland Galway, Department of Economics, revised 2007.
    • Handle: RePEc:nig:wpaper:0129
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    File URL: http://www.economics.nuig.ie/resrch/paper.php?pid=136
    File Function: First version, 2007
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    File URL: http://www.economics.nuig.ie/resrch/paper.php?pid=136
    File Function: Revised version, 2007
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    More about this item

    Keywords

    Jevons; Inductiion; Inductive Inference; Bayes?Rule;
    All these keywords.

    JEL classification:

    • B16 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Quantitative and Mathematical
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques

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