1-20 of 127 Search Results for

naive model test

Follow your search
Access your saved searches in your account

Would you like to receive an alert when new items match your search?
Close Modal
Sort by
Journal Article
History of Political Economy (1997) 29 (suppl_1): 63–90.
Published: 01 January 1997
... each calculated residual for 1946 and 1947 to see whether it was larger than the error one would expect to make by using the naive models. Two naive models were used for testing. Naive model I says that next year’s value of any variable will equal this year’s value plus a random normal...
Journal Article
History of Political Economy (2019) 51 (3): 493–513.
Published: 01 June 2019
... function naive model test strength of evidence Copyright © 2019 Duke University Press 2019 Correspondence may be addressed to Hsiang-Ke Chao, Department of Economics, National Tsing Hua University, Hsinchu 30013, Taiwan; email: hkchao@mx.nthu.edu.tw . ...
Journal Article
History of Political Economy (1990) 22 (2): 281–294.
Published: 01 June 1990
... of complexity of their research subjects, not all fields of human inquiry are equally well suited for the same kind of modern scientific methodology with its emphasis on highly formalized modeling and rigorous empirical testing. More specifically, he recognizes a methodological rift between the physical...
Journal Article
History of Political Economy (1982) 14 (2): 284–286.
Published: 01 June 1982
...- though these theories are permeated by the values of the hard core, they stand or fall on the basis of the logic used. Theoretic propositions are the source of hypotheses about reality, which are then subjected to the tests of empirical fal- sification. Finally, judgments are made about...
Journal Article
History of Political Economy (1997) 29 (suppl_1): 313–329.
Published: 01 January 1997
... of naive models, 64, 65-69, 85 orthodoxy, 259 natural rate hypothesis tests, 73-74 in noneconomics fields, 4—5 policy evaluation argument, 67-68 pluralism of, 7, 271 representative agents, 77, 85 predictions...
Journal Article
History of Political Economy (1975) 7 (4): 399–433.
Published: 01 November 1975
... the theory so tested as “not disconfirmed” [Machlup 1955, p. 19].39 This passage may be read as a criticism of “naive falsificationism,” but it may also be read as a plea for still more “sophisticated fal- sificationism.” It is precisely because tests of economic theories are “more nearly...
Journal Article
History of Political Economy (1987) 19 (4): 659–666.
Published: 01 November 1987
..., the observable part of the club’s activities, is a series or set of models, theories, or whatever one wishes to call them. The models pro- duced by the club are all, in effect, variations on a theme. Their purposes may be different. Some models are designed to test the viability of the program...
Journal Article
History of Political Economy (1994) 26 (3): 518–520.
Published: 01 September 1994
... (Solow); and a model of “natural environments in the context of cost-benefit analysis.” Hampicke suggests that the state of nature would be a much better one if the “neoclassical conception of natural resource environments” and its “tests of effi- ciency” had been rigorously applied during...
Journal Article
History of Political Economy (1998) 30 (Supplement): 260–292.
Published: 01 December 1998
... was that they generally lost sight of the whole program of testing price theory; repeated ritual invocations of Neyman-Pearson language could not repress the fact that pervasive freedom in model selection and immunizing stratagems could never be adequately encompassed by the framework of Type I/Type II errors...
Journal Article
History of Political Economy (1975) 7 (2): 252–260.
Published: 01 June 1975
... and prediction testing. (d) As our Fig. 1 partially illustrates, these weaknesses have been straightened out via (i) the rise of econometrics-embracing both model building and estimation procedures, and (ii) the triumph of the Friedman “if it works (predicts well) stay with it” approach...
Journal Article
History of Political Economy (1992) 24 (4): 843–866.
Published: 01 November 1992
... the improvement and revision of the basic model. Hollander reads the last part of “The Definition of Polit- ical Economy” very differently than I do. He derives from it evidence for the conclusion that “Mill allowed for alterations in the basic model in consequence of the procedure of verification-testing...
Journal Article
History of Political Economy (1993) 25 (3): 515–527.
Published: 01 September 1993
... Brouwerschen Fixpunktsatzes Ergebnisse eines Mathematichen Kolloquiums 8. Translated in 1945 as, A Model for General Equilibrium, Review of Economic Studies 13 . 1 : 1 -9. Wald , Abraham . 1935 and 1936 . On the Unique Non-Negative Solvability of the New Production of Equations (Parts I, II...
Journal Article
History of Political Economy (1994) 26 (2): 185–191.
Published: 01 June 1994
... reference to the wider literature on the topic. But to find him Stigler / Jevons on the King-Davenant Law 189 using the method with social data in 1871 would have been anomalous. It would require either that Jevons was naively expropriating a method from astronomy and geodesy...
Journal Article
History of Political Economy (1975) 7 (4): 568.
Published: 01 November 1975
... of marginal productivity theory; modern capital theory) are partially misrep- resented; no attempt is made to apply empirical tests to theories; excessive use is made of analogy rather than rigorous proof; concepts are often poorly defined. The chief problem is excessive formalism, by which...
Journal Article
History of Political Economy (1990) 22 (S1): 215–239.
Published: 01 December 1990
..." (Popper 1979). It seems that Menger regarded this approach as the logical consequence of his logical and immanent epistemological criticism of the Historical School. For as we have seen, he only rejected the "naive empiricism" of this school, not its basic tenet, which was that empirical statements had...
Journal Article
History of Political Economy (1978) 10 (2): 344–349.
Published: 01 June 1978
... imperfections he quite often comes up with policy proposals, such as incomes policy, which would be irrational were the competitive model an essentially true representation of reality. * This review was prepared prior to the untimely death of Harry G. Johnson on May9, 1977. 1. Harry G...
Journal Article
History of Political Economy (1984) 16 (2): 327–329.
Published: 01 June 1984
..., at least with regard to policy, often lacks an empirical connection and is usually overwhelmed by beliefs supplemental to theory (pp. 130-32). Accordingly, Stigler’s is no naive internalist-versus-externalistap- proach. A ‘science’ is both a body of ideas and a group of persons. Through...
Journal Article
History of Political Economy (2000) 32 (Suppl_1): 95–116.
Published: 01 December 2000
... introduced the classification of Income and Employment Theory into its book review section. Forecasts as Tests of Rational Expectations 97 Models and Forecasting The development of macroeconometric models can be traced to Jan Tinbergen’s (1939) seminal work. The new macroeconomic...
Journal Article
History of Political Economy (1997) 29 (suppl_1): 253–272.
Published: 01 January 1997
... theory with the help of any of these. In addition, the required auxiliary assumptions were not subjected to independent tests; most of the time they could not be tested because they had not even been clearly stated in the reconcil- iating “model.” There were fewer but much more precisely...
Journal Article
History of Political Economy (2001) 33 (Suppl_1): 235–251.
Published: 01 December 2001
...Mary S. Morgan Correspondence may be addressed to Mary S. Morgan, Department of Economic History, London School of Economics, Houghton Street, London WC2 2AE, U.K.;e-mail: m.morgan@lse.ac.uk . Duke University Press 2001 Bjerkholt, O. [1998] 2000 . Interaction between Model Builders...