Erkenntnis 70 (1):81-99 (2009)

Authors
Till Grüne-Yanoff
Royal Institute of Technology, Stockholm
Abstract
It is argued that one can learn from minimal economic models. Minimal models are models that are not similar to the real world, do not resemble some of its features, and do not adhere to accepted regularities. One learns from a model if constructing and analysing the model affects one’s confidence in hypotheses about the world. Economic models, I argue, are often assessed for their credibility. If a model is judged credible, it is considered to be a relevant possibility. Considering such relevant possibilities may affect one’s confidence in necessity or impossibility hypotheses. Thus, one can learn from minimal economic models.
Keywords Philosophy   Logic   Ethics   Ontology   Epistemology   Philosophy
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DOI 10.1007/s10670-008-9138-6
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References found in this work BETA

Counterfactuals.David Kellogg Lewis - 1973 - Cambridge, MA, USA: Blackwell.
Counterfactuals.David Lewis - 1973 - Foundations of Language 13 (1):145-151.
Human Knowledge: Its Scope and Limits.Bertrand Russell - 1948 - London and New York: Routledge.
Counterfactuals.David Lewis - 1974 - Tijdschrift Voor Filosofie 36 (3):602-605.

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Understanding (with) Toy Models.Alexander Reutlinger, Dominik Hangleiter & Stephan Hartmann - 2018 - British Journal for the Philosophy of Science 69 (4):1069-1099.

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