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L'apriori et l'a posteriori en économie

Author

Listed:
  • Philippe Mongin

    (CECO - Laboratoire d'économétrie de l'École polytechnique - X - École polytechnique - IP Paris - Institut Polytechnique de Paris - CNRS - Centre National de la Recherche Scientifique)

Abstract

The paper relates the microeconomic law of demand to the theories of empirical confirmation that are developed by Hempel and Popper, respectively. After restating the Hicksian basis of consumer theory and stressing that this theory has never subjected the law to a rigorous test, the paper analyzes Hildenbrand's novel contribution. In Market Demand (1994), Hildenbrand offers an original derivation of the law of demand to the market, with a view of making it eventually possible to test the law. The article shows that Hildenbrand's approach makes sense within a neo-Hempelian, as opposed to a Popperian, outlook on empirical confirmation, and it uses the case itself to argue for the former against the latter.

Suggested Citation

  • Philippe Mongin, 2005. "L'apriori et l'a posteriori en économie," Working Papers hal-00243013, HAL.
    • Handle: RePEc:hal:wpaper:hal-00243013
    Note: View the original document on HAL open archive server: https://hal.science/hal-00243013v1
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    Cited by:

    1. Schinckus, Christophe, 2015. "Positivism in finance and its implication for the diversification finance research," International Review of Financial Analysis, Elsevier, vol. 40(C), pages 103-106.
    2. Philippe Mongin, 2005. "On the Confirmation of the Law of Demand," Working Papers hal-00242978, HAL.

    More about this item

    JEL classification:

    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • D20 - Microeconomics - - Production and Organizations - - - General

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