Microeconomic Theory:
Contrary to widely held beliefs, microeconomic theory bears no rela tion to the size of the product under consideration; indeed a micro theorist can just as easily discuss the sale of a whale as he would discuss a whale of a sale in amoebae. In fact, it possibly is true that a theorist, and a micro...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Berlin, Heidelberg
Springer Berlin Heidelberg
1987
|
| Ausgabe: | 1st ed. 1987 |
| Schlagworte: | |
| Online-Zugang: | BTU01 Volltext |
| Zusammenfassung: | Contrary to widely held beliefs, microeconomic theory bears no rela tion to the size of the product under consideration; indeed a micro theorist can just as easily discuss the sale of a whale as he would discuss a whale of a sale in amoebae. In fact, it possibly is true that a theorist, and a microeconomic theorist in particular, does not have any specific products in mind when he bandies his propositions about. Nor does he have to. For these in the final analysis are just that; propositions. They are propositions that are motivated by economic reality as observable, not to mention controllable, as that may be, but they are no more and no less than comments about that economic reality and they emphatically are not descriptive assays of it. They are more or less, caricatures of economic reality or metaphors where bold distortions are pressed to the task of describing preconceived visions of that reality. These visions, given their fundamentally qualitative nature, are hardly fit to be put to the test of statistical verification. Perhaps only the judgement and "intuitive feel" of practicing economists over the years are the only true tests of the viability and robustness of these propositional comments on economic reality which make up the body of economic theory. It is not the abstractions that make the difference, all science is that way; metaphoric |
| Beschreibung: | 1 Online-Ressource (XIII, 274 p. 1 illus) |
| ISBN: | 9783642727917 |
| DOI: | 10.1007/978-3-642-72791-7 |
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| 520 | |a Contrary to widely held beliefs, microeconomic theory bears no rela tion to the size of the product under consideration; indeed a micro theorist can just as easily discuss the sale of a whale as he would discuss a whale of a sale in amoebae. In fact, it possibly is true that a theorist, and a microeconomic theorist in particular, does not have any specific products in mind when he bandies his propositions about. Nor does he have to. For these in the final analysis are just that; propositions. They are propositions that are motivated by economic reality as observable, not to mention controllable, as that may be, but they are no more and no less than comments about that economic reality and they emphatically are not descriptive assays of it. They are more or less, caricatures of economic reality or metaphors where bold distortions are pressed to the task of describing preconceived visions of that reality. These visions, given their fundamentally qualitative nature, are hardly fit to be put to the test of statistical verification. Perhaps only the judgement and "intuitive feel" of practicing economists over the years are the only true tests of the viability and robustness of these propositional comments on economic reality which make up the body of economic theory. It is not the abstractions that make the difference, all science is that way; metaphoric | ||
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| author | Otani, Yoshihiko El-Hodiri, Mohamed |
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| discipline | Wirtschaftswissenschaften |
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| doi_str_mv | 10.1007/978-3-642-72791-7 |
| edition | 1st ed. 1987 |
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| isbn | 9783642727917 |
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| spelling | Otani, Yoshihiko Verfasser aut Microeconomic Theory by Yoshihiko Otani, Mohamed El-Hodiri 1st ed. 1987 Berlin, Heidelberg Springer Berlin Heidelberg 1987 1 Online-Ressource (XIII, 274 p. 1 illus) txt rdacontent c rdamedia cr rdacarrier Contrary to widely held beliefs, microeconomic theory bears no rela tion to the size of the product under consideration; indeed a micro theorist can just as easily discuss the sale of a whale as he would discuss a whale of a sale in amoebae. In fact, it possibly is true that a theorist, and a microeconomic theorist in particular, does not have any specific products in mind when he bandies his propositions about. Nor does he have to. For these in the final analysis are just that; propositions. They are propositions that are motivated by economic reality as observable, not to mention controllable, as that may be, but they are no more and no less than comments about that economic reality and they emphatically are not descriptive assays of it. They are more or less, caricatures of economic reality or metaphors where bold distortions are pressed to the task of describing preconceived visions of that reality. These visions, given their fundamentally qualitative nature, are hardly fit to be put to the test of statistical verification. Perhaps only the judgement and "intuitive feel" of practicing economists over the years are the only true tests of the viability and robustness of these propositional comments on economic reality which make up the body of economic theory. It is not the abstractions that make the difference, all science is that way; metaphoric Economics, general Economics Management science Mikroökonomie (DE-588)4039225-9 gnd rswk-swf Theorie (DE-588)4059787-8 gnd rswk-swf Mikroökonomie (DE-588)4039225-9 s Theorie (DE-588)4059787-8 s DE-604 El-Hodiri, Mohamed aut Erscheint auch als Druck-Ausgabe 9783540179948 Erscheint auch als Druck-Ausgabe 9783642727924 https://doi.org/10.1007/978-3-642-72791-7 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Otani, Yoshihiko El-Hodiri, Mohamed Microeconomic Theory Economics, general Economics Management science Mikroökonomie (DE-588)4039225-9 gnd Theorie (DE-588)4059787-8 gnd |
| subject_GND | (DE-588)4039225-9 (DE-588)4059787-8 |
| title | Microeconomic Theory |
| title_auth | Microeconomic Theory |
| title_exact_search | Microeconomic Theory |
| title_exact_search_txtP | Microeconomic Theory |
| title_full | Microeconomic Theory by Yoshihiko Otani, Mohamed El-Hodiri |
| title_fullStr | Microeconomic Theory by Yoshihiko Otani, Mohamed El-Hodiri |
| title_full_unstemmed | Microeconomic Theory by Yoshihiko Otani, Mohamed El-Hodiri |
| title_short | Microeconomic Theory |
| title_sort | microeconomic theory |
| topic | Economics, general Economics Management science Mikroökonomie (DE-588)4039225-9 gnd Theorie (DE-588)4059787-8 gnd |
| topic_facet | Economics, general Economics Management science Mikroökonomie Theorie |
| url | https://doi.org/10.1007/978-3-642-72791-7 |
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