Building and Using Models as Examples
Sometimes, theoreticians explicitly state that they consider their models as examples. When this is not the case, it is fairly common for theoreticians to attribute to their models the characteristics and objectives of illustrative examples. However, this way of understanding models has not received enough attention in the methodological literature focused on economics. Given that didactic examples and their properties are extremely familiar in practice, considering theoretical models as examples can offer a useful perspective on models and their properties. On the basis of both explanatory and exemplifying role played by the deductive arguments by which results are proved, the paper emphasizes also the importance of understanding in theoretical work, the analogical and tentative character of the application of models, the central role played by the above mentioned arguments in such application, the didactic function of theory, and the transmision of plausibility from those arguments to the results obtained.
|Date of creation:||Apr 2007|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.uam.es/departamentos/economicas/analecon/default.html
More information through EDIRC
References listed on IDEAS
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.:
- Murphy, Kevin M. & Shleifer, Andrei & Vishny, Robert W., 1989.
"Industrialization and the Big Push,"
3606235, Harvard University Department of Economics.
- Joseph E. Stiglitz, 2002.
"Information and the Change in the Paradigm in Economics,"
American Economic Review,
American Economic Association, vol. 92(3), pages 460-501, June.
- Stiglitz, Joseph E., 2001. "Information and the Change in the Paradigm in Economics," Nobel Prize in Economics documents 2001-8, Nobel Prize Committee.
- Herbert A. Simon, 1996. "The Sciences of the Artificial, 3rd Edition," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262691914, June.
- Spence, A Michael, 1973. "Job Market Signaling," The Quarterly Journal of Economics, MIT Press, vol. 87(3), pages 355-74, August.
When requesting a correction, please mention this item's handle: RePEc:uam:wpaper:200706. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Raúl López-Pérez)
If references are entirely missing, you can add them using this form.