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Comments on: Cartoon: Economists socially http://www.tvhe.co.nz/2011/03/24/cartoon-economists-socially/ The Visible Hand in Economics Fri, 25 Mar 2011 00:11:30 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Matt Nolan http://www.tvhe.co.nz/2011/03/24/cartoon-economists-socially/#comment-32969 Fri, 25 Mar 2011 00:11:30 +0000 http://www.tvhe.co.nz/?p=5822#comment-32969 @rauparaha

Ahhh, Mill style deductivism aye. I would note that these “internally found” parameters are just given facts – you can’t reduce down past them. Where possible, it would be nice to use psychological models to build these – and that is one area of research no?

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By: rauparaha http://www.tvhe.co.nz/2011/03/24/cartoon-economists-socially/#comment-32966 Thu, 24 Mar 2011 23:52:50 +0000 http://www.tvhe.co.nz/?p=5822#comment-32966 @Matt Nolan
Only if you mean emergence in a very weak sense. Otherwise there would be observational evidence without an explanatory, reductionist model. Perhaps it’s a poor example but is there a reductionist model for humans’ time preference? If so, I haven’t seen it often cited by economists when they choose a discount rate for their modl.

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By: Matt Nolan http://www.tvhe.co.nz/2011/03/24/cartoon-economists-socially/#comment-32943 Thu, 24 Mar 2011 08:22:44 +0000 http://www.tvhe.co.nz/?p=5822#comment-32943 @rauparaha

But you would want to come up with a reason why you pick that parameter – and that causal reasoning will be based on another reductionist model right?

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By: rauparaha http://www.tvhe.co.nz/2011/03/24/cartoon-economists-socially/#comment-32940 Thu, 24 Mar 2011 04:20:59 +0000 http://www.tvhe.co.nz/?p=5822#comment-32940 @Matt Nolan
Can’t you have a model with emergent phenomena given as a parameter input? It would then be hard to term it reductionist unless the term were used very loosely.

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By: Matt Nolan http://www.tvhe.co.nz/2011/03/24/cartoon-economists-socially/#comment-32939 Thu, 24 Mar 2011 03:58:39 +0000 http://www.tvhe.co.nz/?p=5822#comment-32939 @rauparaha

Without reductionism you’re not really making “modls” right 😉

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By: rauparaha http://www.tvhe.co.nz/2011/03/24/cartoon-economists-socially/#comment-32938 Thu, 24 Mar 2011 03:56:41 +0000 http://www.tvhe.co.nz/?p=5822#comment-32938 @Matt Nolan
One prominent NZ econ blogger might be more likely to use the phrase “they do not make reductionist modls” and leave it at that. Which I find FAR more convincing 😉

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By: Matt Nolan http://www.tvhe.co.nz/2011/03/24/cartoon-economists-socially/#comment-32937 Thu, 24 Mar 2011 02:56:00 +0000 http://www.tvhe.co.nz/?p=5822#comment-32937 @rauparaha

“Thus, in explaining to a stranger, for example, why he holds Sociogs or the Polsci in such low regard, the Econ will say that “they do not make modls” and leave it at that”.

Pure awesome.

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By: rauparaha http://www.tvhe.co.nz/2011/03/24/cartoon-economists-socially/#comment-32936 Thu, 24 Mar 2011 02:52:26 +0000 http://www.tvhe.co.nz/?p=5822#comment-32936 I’ve never read it before and it was thoroughly depressing!

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By: Matt Nolan http://www.tvhe.co.nz/2011/03/24/cartoon-economists-socially/#comment-32928 Wed, 23 Mar 2011 23:04:23 +0000 http://www.tvhe.co.nz/?p=5822#comment-32928 @Eric Crampton

Thanks – I couldn’t remember the title, and searching for anthropology and economics didn’t get me anywhere!

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By: Eric Crampton http://www.tvhe.co.nz/2011/03/24/cartoon-economists-socially/#comment-32927 Wed, 23 Mar 2011 23:02:41 +0000 http://www.tvhe.co.nz/?p=5822#comment-32927 Life amongst the Econ, by Axel Leijonhufvud. Any Google search brings it up.

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