000			03184cam a22002655a 4500
001			016822078
003			OSt
005			20201124142135.0
008			140321s2014 nyua b f001 0 eng d
020			_z9781107673472
040			_aStDuBDS _beng _cStDuBDS _dUk _dEG-ScBUE
082	0	4	_a330.015195 _222 _bBOL
100	1		_aBoland, Lawrence A. _930778
245	1	0	_aModel building in economics : _bits purposes and limitations / _cLawrence A. Boland.
260			_aNew York : _bCambridge University Press, _c2014.
300			_axix, 276 p. : _bill. ; _c24 cm.
504			_aIncludes bibliographical references and indexes.
505	8		_aMachine generated contents note: 1. Microeconomic vs macroeconomic in theoretical model building; 2. On the limitations of equilibrium models in general; 3. On building theoretical models using game theory; 4. On the purpose and limitations of game-theoretic models; 5. Microeconomic vs macroeconomic in empirical model building; 6. On building macroeconometric models; 7. Modeling and forecasting; 8. On the role and limitations of experimental and behavioral economics; 9. The logical adequacy of convincing tests of models using empirical data; 10. The statistical adequacy of convincing tests of models using empirical data; 11. Model building from a philosophy of science perspective; 12. Choosing model-building methods.
520			_a"Concern about the role and the limits of modeling has heightened after repeated questions were raised regarding the dependability and suitability of the models that were used in the run-up to the 2008 financial crash. In this book, Lawrence Boland provides an overview of the practices of and the problems faced by model builders to explain the nature of models, the modeling process, and the possibility for and nature of their testing. In a reflective manner, the author raises serious questions about the assumptions and judgments that model builders make in constructing models. In making his case, he examines the traditional microeconomics-macroeconomics separation with regard to how theoretical models are built and used and how they interact, paying particular attention to the use of equilibrium concepts in macroeconomic models and game theory and to the challenges involved in building empirical models, testing models, and using models to test theoretical explanations. Lawrence Boland has been teaching at Simon Fraser University since 1966. He has also taught at the University of Wisconsin-Milwaukee and was a visiting professor in the department of economics at Boston University. At Capilano College and Vancouver Community College, he taught introductory sociology. He is a Fellow of the Royal Society of Canada. Dr. Boland has published six books on economic methodology, including The Foundations of Economic Method: A Popperian Perspective (2003); The Principles of Economics: Some Lies My Teachers Told Me (1992); and The Methodology of Economic Model Building: Methodology after Samuelson (1989)"--
530			_aAlso issued online.
650		7	_aEconometric models. _2BUEsh
653			_bBUSECO _cNovember2016
690	7		_aManagement and Business Studies _2blcoll
942			_2ddc
999			_c23371 _d23343