IIEP 24411
INSTITUTO INTERDISCIPLINARIO DE ECONOMIA POLITICA DE BUENOS AIRES
Unidad Ejecutora - UE
artículos
Título:
A Criterion for realism, with an application to behavioral economics models
Autor/es:
GUSTAVO MARQUÉS; DIEGO WEISMAN
Revista:
The Journal of Philosophical Economics
Editorial:
Rosetti International
Referencias:
Año: 2015 vol. IX p. 125 - 145
ISSN:
1843-2298
Resumen:
Many economist working within the framework of behavioral economics (BE) label the conventional way of modeling as unrealistic, and consider their own approach as more realistic than the standard practice. However, a criterion for realism is lacking in behavioral economics literatura. This paper offers a simple criterion for predicating realism to economic models, and provides an illustration of such criterion at work on a particular BE model.
