Questions tagged [scientific-method]

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5
votes
4answers
1k views

Economics' position in the hierarchy of sciences (hard vs soft)

As a student of Economics, I often listen to the claim that Economics is a "soft science" and that its results may not be too reliable etc. The explanations are often based on personal ...
2
votes
1answer
86 views

Best history of macro book?

I'd like to know if you know some book that summarize the history of macro ? I'm in Master (after undergrad) so I don't ask for beginner's book. I've begun to read "a history of macroeconomics ...
-1
votes
1answer
44 views

Ceo hobbies and company stock price index in S&P 500

Where can I obtain data on hobbies of CEOs of S&P 500 companies?
2
votes
2answers
59 views

Buyer's efficiency in auctions

first and foremost, I'm not an economist, probably a scientist though. In my country the most popular way to buy and appartment or a house is by first-price-auctions (the highest bid takes it all). ...
1
vote
0answers
10 views

Sensitivity Analysis

i have a rather methodological question. I have a theoretical model and to test it I run some simulations. Because some parametervalues are not entirely clear or are up for debate I want to do a ...
4
votes
3answers
204 views

Why is Mises "permitted" to define "Economics is an a priori science", if a priori is not trustworthy?

Why is Mises "permitted" to define "Economics is an a priori science", if a priori is not trustworthy? In philosophy of science and natural sciences a priori as a method of knowing ...
4
votes
2answers
130 views

Is "management science" a subsection of economics?

Reading about the academic journal Management Science, one can read the following: Management Science is a scholarly journal that publishes scientific research on the practice of management. (...) ...
2
votes
2answers
100 views

Is Soros' theory of reflexivity aligned with normative vs positive economy dichotomy?

Soros' theory of reflexivity is well known and I'll briefly summarize it below based on his Fallibility, reflexivity, and the human uncertainty principle(2013) article. He proposes distinguishing ...
2
votes
1answer
60 views

Methodology of Economics: interpretation and explanation

I am interested in understanding the interaction between interpretation and explanation in social sciences in general and in economics particularly. It is argued that interpretation is pervasive in ...
8
votes
3answers
172 views

Departure point for research in economics

I hope this is the place to ask this question. I am in the first year of PhD in economics. As most of PhD students in economics, I try to show some economic mechanisms by theoretical modelling in ...
1
vote
0answers
22 views

Departure point for research in economics [duplicate]

I hope this is the place to ask this question. I am in the first year of PhD in economics. As most of PhD students in economics, I try to show some economic mechanisms by modelling. Most of time, I ...
5
votes
1answer
94 views

Is there a go-to resources on the use of the scientific method in economics?

I once had a physics teacher who said (paraphrased): for any formula or principle you use on an exam, you have to be able to provide a real world test that would demonstrate the theory's validity. ...
-3
votes
1answer
90 views

Is there a "personality test" for societies? [closed]

You may have heard of the Myers Briggs personality profile test. Is there a similar test for societies? The MB has four dimensions Introversion/Extraversion iNtuition/Sensing Feeling/Thinking ...
9
votes
5answers
867 views

What is the evidence that econometrics has empirical value?

Economies are extremely complex systems with many variables, not to mention the fact that they emerge from the interactions of complex beings. I agree that economies have certain underlying principles,...