Why Economists Disregard Economic Methodology
AbstractThis paper advances two propositions, one concerning content, the other concerning research strategy. (1) The advent of wide-spread internet publishing reduces the stifling impact of the refereeing process on the papers accepted and submitted to journals. Economics scholars are less bound to devoting a large part of their time and effort on formalisms. They have more leeway to concentrate on matters of content. This greater freedom also improves the chances of the advice and suggestions proposed by economic methodologists being put into practice. (2) Economic methodology is only able to influence the practice of economics if it takes into account the incentives to which scholars are subjected when they want to pursue an academic career and become prominent. Incentives are transmitted by institutions; it is therefore necessary for economic methodology to analyse how institutions work and how they may change in the future. An attempt has been made here to look at the publication process in economics, and the impact the internet might have on the incentives to write and to do research.
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Bibliographic InfoPaper provided by Institute for Empirical Research in Economics - University of Zurich in its series IEW - Working Papers with number 058.
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economic methodology; economists; publishing; internet; institutions;
Other versions of this item:
- A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
- B4 - Schools of Economic Thought and Methodology - - Economic Methodology
This paper has been announced in the following NEP Reports:
- NEP-ALL-2000-10-23 (All new papers)
- NEP-HIS-2000-10-23 (Business, Economic & Financial History)
- NEP-TID-2000-10-23 (Technology & Industrial Dynamics)
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.:
- Shaun P. Hargreaves Heap, 2001. "Methodology now!," Journal of Economic Methodology, Taylor & Francis Journals, vol. 7(1), pages 95-108.
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