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Closed models and open systems

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Author Info
Brian J. Loasby (Department of Economics, University of Stirling, Scotland)

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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.

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File URL: http://www.sceme.org.uk/wps/SCEME004_LoasbyB_ClosedModOS_2003.pdf
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Publisher Info
Paper provided by SCEME in its series SCEME Working Papers: Advances in Economic Methodology with number 004/2003.

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Length: 19 pages
Date of creation: Jan 2003
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Handle: RePEc:sti:wpaper:004/2003

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Web page: http://www.sceme.org.uk/
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Related research
Keywords: open-systems; knowledge; uncertainty; psychology;

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Find related papers by JEL classification:
B4 - Schools of Economic Thought and Methodology - - Economic Methodology

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. Loasby, Brian J., 2002. "The evolution of knowledge: beyond the biological model," Research Policy, Elsevier, vol. 31(8-9), pages 1227-1239, December. [Downloadable!] (restricted)
  2. Frank Hahn & Robert Solow, 1997. "A Critical Essay on Modern Macroeconomic Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 026258154x.
  3. Cohen, Wesley M & Levinthal, Daniel A, 1989. "Innovation and Learning: The Two Faces of R&D," Economic Journal, Royal Economic Society, vol. 99(397), pages 569-96, September. [Downloadable!] (restricted)
  4. Young, Allyn A., 1928. "Increasing Returns and Economic Progress," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 38, pages 527-542. [Downloadable!]
  5. Langlois, Richard N & Foss, Nicolai J, 1999. "Capabilities and Governance: The Rebirth of Production in the Theory of Economic Organization," Kyklos, Blackwell Publishing, vol. 52(2), pages 201-18.
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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. 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. [Downloadable!] (restricted)
  2. Victoria Chick & Sheila Dow, 2005. "The meaning of open systems," Journal of Economic Methodology, Taylor and Francis Journals, vol. 12(3), pages 363-381, September. [Downloadable!] (restricted)
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