IDEAS home Printed from https://ideas.repec.org/a/taf/jecmet/v4y1997i2p297-302.html
   My bibliography  Save this article

What about falsifiability? Further notes on Hausman's revision of the neoclassical economic methodology

Author

Listed:
  • Geert Reuten

Abstract

Even if falsificationism in the strict Popper-Lakatos sense may be too harsh for economics, falsifiability and refutability are eminent criteria for theory appraisal. Hausman's (1997) revision of his (1992) methodology of economics does not come sufficiently close to meeting such a methodological requirement and risks allowing the prioritising of irrefutable theories over empirical phenomena. It therefore needs further advancement.

Suggested Citation

  • Geert Reuten, 1997. "What about falsifiability? Further notes on Hausman's revision of the neoclassical economic methodology," Journal of Economic Methodology, Taylor & Francis Journals, vol. 4(2), pages 297-302.
    • Handle: RePEc:taf:jecmet:v:4:y:1997:i:2:p:297-302
    DOI: 10.1080/13501789700000020
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/13501789700000020
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13501789700000020?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Rosenberg, Alexander, 1992. "Economics--Mathematical Politics or Science of Diminishing Returns?," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226727233, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Suzuki, Tomo, 2003. "The accounting figuration of business statistics as a foundation for the spread of economic ideas," Accounting, Organizations and Society, Elsevier, vol. 28(1), pages 65-95, January.
    2. Ole Røgeberg & Morten Nordberg, 2005. "A defence of absurd theories in economics," Journal of Economic Methodology, Taylor & Francis Journals, vol. 12(4), pages 543-562.
    3. Giandomenica Becchio, 2020. "The Two Blades of Occam's Razor in Economics: Logical and Heuristic," Economic Thought, World Economics Association, vol. 9(1), pages 1-17, July.
    4. Ravenscroft, Sue & Williams, Paul F., 2009. "Making imaginary worlds real: The case of expensing employee stock options," Accounting, Organizations and Society, Elsevier, vol. 34(6-7), pages 770-786, August.
    5. Alexander Douglas, 2016. "Contrived desires, affluence, and welfare: J.K. Galbraith's Pigovian redistribution argument reconsidered," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 23(4), pages 611-640, August.
    6. Clive Beed & Cara Beed, 1996. "Polarities between Naturalism and Non-Naturalism in Contemporary Economics: An Overview," Journal of Economic Issues, Taylor & Francis Journals, vol. 30(4), pages 1077-1104, December.
    7. De Geest, Gerrit, 1996. "The debate on the scientific status of law & economics," European Economic Review, Elsevier, vol. 40(3-5), pages 999-1006, April.
    8. Hasan, Zubair, 2017. "Academic sociology: The alarming rise in predatory publishing and its consequences for Islamic economics and finance," MPRA Paper 87853, University Library of Munich, Germany, revised 18 Sep 2018.
    9. Brav, Alon & Graham, John R. & Harvey, Campbell R. & Michaely, Roni, 2005. "Payout policy in the 21st century," Journal of Financial Economics, Elsevier, vol. 77(3), pages 483-527, September.
    10. David Colander, 2005. "From Muddling Through to the Economics of Control: Views of Applied Policy from J. N. Keynes to Abba Lerner," History of Political Economy, Duke University Press, vol. 37(5), pages 277-291, Supplemen.
    11. Ross Emmett, 2006. "De gustibus est disputandum: Frank H. Knight's reply to George Stigler and Gary Becker's 'De gustibus non est disputandum' with an introductory essay," Journal of Economic Methodology, Taylor & Francis Journals, vol. 13(1), pages 97-111.
    12. Allin Cottrell, 1996. "Book Reviews," Journal of Economic Methodology, Taylor & Francis Journals, vol. 3(1), pages 138-144.
    13. Clive Beed & Cara Beed, 1999. "Intellectual Progress and Academic Economics: Rational Choice and Game Theory," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 22(2), pages 163-185, December.
    14. Rick Wicks, 2012. "Assumption Without Representation: The Unacknowledged Abstraction from Communities and Social Goods," The American Economist, Sage Publications, vol. 57(1), pages 78-95, May.
    15. Williams, Paul F. & Jenkins, J. Gregory & Ingraham, Laura, 2006. "The winnowing away of behavioral accounting research in the US: The process for anointing academic elites," Accounting, Organizations and Society, Elsevier, vol. 31(8), pages 783-818, November.
    16. Morris Altman, 1999. "The Methodology of Economics and the Survival Principle Revisited and Revised: Some Welfare and Public Policy Implications of Modeling the Economic Agent," Review of Social Economy, Taylor & Francis Journals, vol. 57(4), pages 427-449.
    17. Daniel Hausman, 1997. "Theory appraisal in neoclassical economics," Journal of Economic Methodology, Taylor & Francis Journals, vol. 4(2), pages 289-296.
    18. Galbács, Péter, 2017. "Tudományunk jelene és jövője a tét. Az International Network for Economic Method 2017. évi konferenciája San Sebastián, 2017. augusztus 28-30 [The present and future of our science at stake. 2017 a," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 1089-1096.
    19. Rick Wicks, 2011. "Markets, Governments—," Challenge, Taylor & Francis Journals, vol. 54(4), pages 65-96.
    20. Eric Fisher & Kenneth Kasa, 1997. "Generational accounting in open economies," Economic Review, Federal Reserve Bank of San Francisco, pages 34-46.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jecmet:v:4:y:1997:i:2:p:297-302. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RJEC20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.