Journal of Economic Methodology 19 (1):43-62 (2012)
AbstractThis paper examines mathematical models in economics and observes that three mutually inconsistent hypotheses concerning models and explanation are widely held: (1) economic models are false; (2) economic models are nevertheless explanatory; and (3) only true accounts explain. Commentators have typically resolved the paradox by rejecting either one of these hypotheses. I will argue that none of the proposed resolutions work and conclude that therefore the paradox is genuine and likely to stay
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References found in this work
Making Things Happen: A Theory of Causal Explanation.James Woodward - 2003 - Oxford University Press.
Scientific Explanation and the Causal Structure of the World.Wesley C. Salmon - 1984 - Princeton University Press.
Nature's Capacities and Their Measurement.Nancy Cartwright - 1989 - Oxford, England: Oxford University Press.
Re-Engineering Philosophy for Limited Beings: Piecewise Approximations to Reality.William C. Wimsatt - 2007 - Harvard University Press.
Citations of this work
The Pragmatic Turn in Explainable Artificial Intelligence (XAI).Andrés Páez - 2019 - Minds and Machines 29 (3):441-459.
How Could Models Possibly Provide How-Possibly Explanations?Philippe Verreault-Julien - 2019 - Studies in History and Philosophy of Science Part A 73:1-12.
Scientific Understanding and Felicitous Legitimate Falsehoods.Insa Lawler - 2021 - Synthese 198 (7):6859-6887.
The Pragmatic Turn in Explainable Artificial Intelligence.Andrés Páez - 2019 - Minds and Machines 29 (3):441-459.
Models and Explanation.Alisa Bokulich - 2017 - In Lorenzo Magnani & Tommaso Wayne Bertolotti (eds.), Springer Handbook of Model-Based Science. Springer. pp. 103-118.
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