Haavelmo's Epistemology for an Inexact Science
Bibliographic Data
| ID | 4296929 |
|---|---|
| Authors | Marcel Boumans (0000-0002-8717-8148, University of Amsterdam, corresponding author) |
| Year | 2014 |
| Volume | 46 |
| Issue | 2 |
| Pages | 211-229 |
| Publication date | 2014-06-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | History of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0018-2702 • E-ISSN: 1527-1919 |
| Publisher | Duke University Press (PUBLISHER • US) |
| DOI | 10.1215/00182702-2647477 |
| OpenAlex | W2139633558 |
| Language | EN |
| Citations received | 4 |
| References cited | 9 |
The first two chapters of Trygve Haavelmo's Probability Approach provide a very rich epistemological framework for understanding what is involved in finding laws outside the laboratory. Even though these laws will be inexact, a framework was developed to specify for which conditions laws could be found. Therefore, Haavelmo defined two different kinds of influences, potential and factual influences. To decide whether a regression equation represents a law, it is not the strengths of the factual influences that are relevant, but whether the potential influences are significant. Unfortunately, by passive observations only it is difficult to obtain knowledge about potential influences, particularly when they have not revealed their strengths (yet
Epistemology · Physical law · Political science · Sociology · Law · Philosophy · Philosophy and History of Science · Science and Climate Studies
The History of Econometric Ideas
The Probability Approach in Econometrics
The Dappled World
The Effect of the Rate of Interest on Investment
The Probability Approach to Econometrics
Statistical Testing of Business-Cycle Theories
Linear Regression Analysis of Economic Time Series
The Problem of Passive Observation
| Citations per year | 0.36 |
|---|---|
| Citation span | 2015 - 2024 (10) |
| Highly cited | No |