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Closed models and open systems

Author

Listed:
  • Brian J. Loasby

    (Department of Economics, University of Stirling, Scotland)

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.

Suggested Citation

  • Brian J. Loasby, 2003. "Closed models and open systems," SCEME Working Papers: Advances in Economic Methodology 004/2003, SCEME.
  • Handle: RePEc:sti:wpaper:004/2003
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    File URL: http://www.sceme.org.uk/wps/SCEME004_LoasbyB_ClosedModOS_2003.pdf
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    Cited by:

    1. Silvia Sacchetti, 2013. "Motivational resilience in the university system," Chapters,in: Leadership and Cooperation in Academia, chapter 8, pages 107-127 Edward Elgar Publishing.
    2. Victoria Chick & Sheila Dow, 2005. "The meaning of open systems," Journal of Economic Methodology, Taylor & Francis Journals, vol. 12(3), pages 363-381.
    3. 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.
    4. Arne HEISE, 2016. "‘Why has economics turned out this way?’ A socio-economic note on the explanation of monism in economics," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 10(1), pages 81-101, November.
    5. Félix-Fernando Muñoz & María-Isabel Encinar, 2014. "Intentionality and the emergence of complexity: an analytical approach," Journal of Evolutionary Economics, Springer, vol. 24(2), pages 317-334, April.
    6. Andrew Mearman, 2010. "What is this thing called ‘heterodox economics’?," Working Papers 1006, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
    7. Sheila Dow, 2013. "Teaching open-system economics," Chapters,in: Teaching Post Keynesian Economics, chapter 4, pages 73-87 Edward Elgar Publishing.
    8. Diao, Xinshen & McMillan, Margaret S., 2014. "Towards understanding economic growth in Africa: A reinterpretation of the Lewis Model:," IFPRI discussion papers 1380, International Food Policy Research Institute (IFPRI).
    9. Ghosh, Dipak & Ruziev, Kobil, 2008. "Cost-Determined and Demand-Determined Prices: Lessons for the Industrialised World from Development Economics," Stirling Economics Discussion Papers 2008-22, University of Stirling, Division of Economics.
    10. Victoria Chick, 2013. "The future is open: on open-system theorising in economics," Chapters,in: Teaching Post Keynesian Economics, chapter 3, pages 56-72 Edward Elgar Publishing.
    11. Xinshen Diao & Margaret McMillan, 2015. "Toward an Understanding of Economic Growth in Africa: A Re-Interpretation of the Lewis Model," NBER Working Papers 21018, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    open-systems; knowledge; uncertainty; psychology;

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology

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