Rational Econometric Man: Transforming Structural Econometrics

Edward John Nell · Karim Errouaki · Lawrence R. Klein

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Philosophy and History of Science Economic Theory and Institutions Philosophy, Science, and History

Abstract

Contents: Introduction Part I: From Rational Economic Man to Rational Econometric Man 1. Rereading Hollis and Nell 2. Haavelmo Reconsidered as Rational Econometric Man 3. Induction and the Empiricist Account of General Laws 4. Variables, Laws and Induction I: Are There Laws of Nature? 5. Variables, Laws and Induction II: Scientific Variables and Scientific Laws in Economics 6. The Concept of 'Model' and the Methodology of Model Building Part II: The Critiques and the Foundations 7. Debating the Foundations: A New Perspective 8. Scientific Issues in Structural Econometrics 9. Haavelmo and Beyond: Probability, Uncertainty, Specification and Stochasticism Part III: Structural Econometrics in its Proper Place: Mapping New Directions 10. Conceptual Analysis, Fieldwork and the Methodology of Model Building 11. Working with Open Models: Law-Like Relations and an Uncertain Future

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