Model building in economics : its purposes and limitations /
Boland, Lawrence A.,author.
Includes bibliographical references and index.
1. Microeconomic versus macroeconomic 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 versus macroeconomic empirical model building -- 6. On building macro-econometric models -- 7. Modeling and forecasting -- 8. On the role and limitations of experimental and behavioural 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.
Econometric models.
Economics.