000			02927nam a2200361 i 4500
001			CR9781139507684
003			UkCbUP
005			20240913165323.0
006			m|||||o||d||||||||
007			cr||||||||||||
008			120521s2015||||enk o ||1 0|eng|d
020			_a9781139507684 (ebook)
020			_z9781107032941 (hardback)
020			_z9781107673472 (paperback)
040			_aUkCbUP _beng _erda _cUkCbUP
050	0	0	_aHB141 _b.B64 2015
082	0	0	_a330.01/5195 _223
100	1		_aBoland, Lawrence A., _eauthor.
245	1	0	_aModel building in economics : _bits purposes and limitations / _cLawrence A. Boland, Simon Fraser University, Canada.
264		1	_aCambridge : _bCambridge University Press, _c2015.
300			_a1 online resource (xix, 276 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
500			_aTitle from publisher's bibliographic system (viewed on 05 Oct 2015).
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			_aConcern 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.
650		0	_aEconometric models.
650		0	_aEconomics.
776	0	8	_iPrint version: _z9781107032941
856	4	0	_uhttps://doi.org/10.1017/CBO9781139507684
942			_2ddc _cEB
999			_c9702 _d9702