Epistemic virtues and theory choice in economics
Moscati, I.
(2006).
Epistemic virtues and theory choice in economics.
(Discussion paper DP 79/06).
Centre for Philosophy of Natural and Social Science.
When economists have to choose between competing theories, they evaluate not only the theories’ empirical relevance, but also qualities like their simplicity, tractability, parsimony and unifying power. These are called the epistemic virtues of a theory. The present paper proposes a formal definition for some epistemic virtues and investigates their role for theory choice in economics.
| Item Type | Working paper |
|---|---|
| Copyright holders | © 2006 The Author |
| Departments | LSE > Research Centres > Centre for Philosophy of Natural and Social Sciences (CPNSS) |
| Date Deposited | 29 Jul 2014 |
| URI | https://researchonline.lse.ac.uk/id/eprint/58429 |