Abstract
The concept of “paradigm” became widely known with Thomas Kuhn’s book The Structure of Scientific Revolutions. From there on, paradigms started being employed in the most diverse fields and situations. Curiously, though, the popularity of the term went hand in hand with an enormous vagueness in its application: numerous meanings were attributed to this concept and different things were claimed to be paradigms. The main reason for the lack of agreement regarding the notion and the use of paradigm was the absence of a detailed description and analysis of a concrete paradigm in Kuhn’s book—especially, one coupled with a discussion that could contrast paradigms to other epistemic objects, such as “theories.” The aim of this article is to fill this gap. First, I briefly examine the notion of paradigm, stressing its core meaning as that of “exemplar.” Next, I analyze a specific case in economics, indicating the features that make it a paradigm: (i) the fact that it is an example not reducible to an axiomatizable theory, and (ii) that this example is constitutive of normal science.