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Closed models and open systems

Author

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  • Brian J. Loasby

    (Department of Economics, University of Stirling, Scotland)

Abstract

The title of this paper may suggest a specific focus on the possibilities and problems of matching closed models and open systems; however, although the relationships between systems and the models that we seek to apply to them are indeed the primary topics, there is no assumption that all systems are open and all models closed. Instead, I shall be taking readers on a tour of other people’s ideas about openness and closure in our attempts to make sense of our environment and ourselves.

Suggested Citation

  • Brian J. Loasby, 2003. "Closed models and open systems," SCEME Working Papers: Advances in Economic Methodology 004/2003, SCEME.
    • Handle: RePEc:sti:wpaper:004/2003
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    File URL: http://www.sceme.org.uk/wps/SCEME004_LoasbyB_ClosedModOS_2003.pdf
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    Cited by:

    1. Silvia Sacchetti, 2013. "Motivational resilience in the university system," Chapters, in: Roger Sugden & Marcela Valania & James R. Wilson (ed.), Leadership and Cooperation in Academia, chapter 8, pages 107-127, Edward Elgar Publishing.
    2. Sheila C. Dow & Victoria Chick, 2012. "The Meaning of Open Systems," Palgrave Macmillan Books, in: Foundations for New Economic Thinking, chapter 11, pages 178-196, Palgrave Macmillan.
    3. Sheila Dow, 2013. "Teaching open-system economics," Chapters, in: Jesper Jespersen & Mogens Ove Madsen (ed.), Teaching Post Keynesian Economics, chapter 4, pages 73-87, Edward Elgar Publishing.
    4. Rouven Reinke, 2021. "A critical note on the scientific conception of economics: claiming for a methodological pluralism," Post-Print hal-03374887, HAL.
    5. Diao, Xinshen & McMillan, Margaret S., 2014. "Towards understanding economic growth in Africa: A reinterpretation of the Lewis Model:," IFPRI discussion papers 1380, International Food Policy Research Institute (IFPRI).
    6. Félix-Fernando Muñoz & María-Isabel Encinar, 2015. "Intentionality and the Emergence of Complexity: An Analytical Approach," Economic Complexity and Evolution, in: Andreas Pyka & John Foster (ed.), The Evolution of Economic and Innovation Systems, edition 127, pages 171-190, Springer.
    7. Diao, Xinshen & McMillan, Margaret, 2018. "Toward an Understanding of Economic Growth in Africa: A Reinterpretation of the Lewis Model," World Development, Elsevier, vol. 109(C), pages 511-522.
    8. Ghosh, Dipak & Ruziev, Kobil, 2008. "Cost-Determined and Demand-Determined Prices: Lessons for the Industrialised World from Development Economics," Stirling Economics Discussion Papers 2008-22, University of Stirling, Division of Economics.
    9. Innes, Abby, 2020. "The limits of institutional convergence: why public sector outsourcing is less efficient than Soviet enterprise planning," LSE Research Online Documents on Economics 104399, London School of Economics and Political Science, LSE Library.
    10. Victoria Chick, 2013. "The future is open: on open-system theorising in economics," Chapters, in: Jesper Jespersen & Mogens Ove Madsen (ed.), Teaching Post Keynesian Economics, chapter 3, pages 56-72, Edward Elgar Publishing.
    11. Félix-Fernando Muñoz & María-Isabel Encinar, 2019. "Some elements for a definition of an evolutionary efficiency criterion," Journal of Evolutionary Economics, Springer, vol. 29(3), pages 919-937, July.
    12. Davide Consoli & Ronnie Ramlogan, 2008. "Out of sight: problem sequences and epistemic boundaries of medical know-how on glaucoma," Journal of Evolutionary Economics, Springer, vol. 18(1), pages 31-56, February.
    13. Arne HEISE, 2016. "‘Why has economics turned out this way?’ A socio-economic note on the explanation of monism in economics," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 10(1), pages 81-101, November.
    14. Sheila Dow, 2020. "Alfred Marshall, Evolutionary Economics and Climate Change: Raffaelli Lecture," Department Discussion Papers 2001, Department of Economics, University of Victoria.
    15. Andrew Mearman, 2010. "What is this thing called ‘heterodox economics’?," Working Papers 1006, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
    16. Reinke, Rouven, 2020. "Das Wissenschaftsverständnis der Volkswirtschaftslehre in der Kritik: Implikationen für die Vision einer pluralen Ökonomik," ZÖSS-Discussion Papers 79, University of Hamburg, Centre for Economic and Sociological Studies (CESS/ZÖSS).

    More about this item

    Keywords

    open-systems; knowledge; uncertainty; psychology;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology

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