Building and Using Models as Examples
AbstractSometimes, theoreticians explicitly state that they consider their models as examples. When this is not the case, it is fairly common for theoreticians to attribute to their models the characteristics and objectives of illustrative examples. However, this way of understanding models has not received enough attention in the methodological literature focused on economics. Given that didactic examples and their properties are extremely familiar in practice, considering theoretical models as examples can offer a useful perspective on models and their properties. On the basis of both explanatory and exemplifying role played by the deductive arguments by which results are proved, the paper emphasizes also the importance of understanding in theoretical work, the analogical and tentative character of the application of models, the central role played by the above mentioned arguments in such application, the didactic function of theory, and the transmision of plausibility from those arguments to the results obtained.
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Bibliographic InfoPaper provided by Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History) in its series Working Papers in Economic Theory with number 2007/06.
Length: 25 pages
Date of creation: Apr 2007
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More information through EDIRC
models; examples; explanatory arguments; theoretical understanding; analogical application;
Find related papers by JEL classification:
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-05-12 (All new papers)
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