@article{
editor = "Jovanov, Rastko",
author = "Žitko, Mislav",
year = "2013",
abstract = "This paper examines the standard criticism of the neoclassical
economic theory that takes mathematical formalism and the practice of modelling
as the most problematic aspect of orthodox economics. The aim of
the paper is to explore the epistemic properties of models in science (particularly
in economics), and to incorporate the insights from the recent debates
in the philosophy of science into the framework of historical epistemology
of economics. The main claim of this paper is that history is important for
understanding how economic models operate and why have they been accepted
as legitimate instruments of inquiry in economic theory. However, since
modelling practice clearly is not limited to neoclassical economic theory, the
difference between economic orthodoxy and heterodoxy has to be explained
in a different way. The paper argues that the theory of fiction can provide an
important clue inasmuch as the epistemological and political commitments
are a part of the story that underpins the modelling practice in economics.",
journal = "Filozofija i društvo/Philosophy and Society",
title = "Models, Fictions and Explanations : A Study in Historical Epistemology of Economics, Modeli, fikcije i objašnjenja: studija iz istorijske epistemologije ekonomije",
pages = "84-101",
doi = "10.2298/FID1304084Z"
}
