IDEAS home Printed from https://ideas.repec.org/p/trn/utwpde/0729.html
   My bibliography  Save this paper

Re-reading Jevons's Principles of Science - Induction Redux

Author

Listed:
  • K. Vela Velupillai

Abstract

In this paper I try to substantiate the thesis that Jevons may have been too harsh on the vices of induction and generously optimistic about the virtues of deduction, as discussed, primarily, in his magnum opus, The Principles of Science [6]. With this aim in mind the paper attempts to suggest (modern), recursion theoretic, theoretical technologies that could reduce and, under conditions that I claim would be acceptable to Jevons, even eliminate the inductive indeterminacies that he had emphasised.

Suggested Citation

  • K. Vela Velupillai, 2007. "Re-reading Jevons's Principles of Science - Induction Redux," Department of Economics Working Papers 0729, Department of Economics, University of Trento, Italia.
    • Handle: RePEc:trn:utwpde:0729
    as

    Download full text from publisher

    File URL: http://www.unitn.it/files/29_07_vela.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Francesco Luna, 1993. "From the History of Astronomy to the Wealth of Nations: Wonderful Wheels and Invisible Hands in Adam Smith's Major Works," UCLA Economics Working Papers 691, UCLA Department of Economics.
    2. R. D.C. Black, 1995. "Economic Theory And Policy In Context," Books, Edward Elgar Publishing, number 99.
    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. Matthew Watson, 2017. "Historicising Ricardo’s comparative advantage theory, challenging the normative foundations of liberal International Political Economy," New Political Economy, Taylor & Francis Journals, vol. 22(3), pages 257-272, May.
    2. Bert Mosselmans, 1999. "Reproduction and scarcity: the population mechanism in classicism in the 'Jevonian revolution'," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 6(1), pages 34-57.
    3. F. E. Guerra-Pujol, 2021. "Adam Smith in Love," Econ Journal Watch, Econ Journal Watch, vol. 18(1), pages 127–155-1, March.
    4. Erik Grimmer-Solem & Roberto Romani, 1999. "In search of full empirical reality: historical political economy, 1870-1900," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 6(3), pages 333-364.

    More about this item

    Keywords

    Jevons; Inductiion; Inductive Inference; Bayes's Rule;
    All these keywords.

    JEL classification:

    • B16 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Quantitative and Mathematical
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:trn:utwpde:0729. 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: Luciano Andreozzi (email available below). General contact details of provider: https://edirc.repec.org/data/detreit.html .

    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.