ISBN: 9783642727917

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 … More...

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.; PDF; Business,Finance and Law > Economics, Springer Berlin Heidelberg<

ISBN: 9783642727917

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 … More...

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.; PDF; Business,Finance and Law > Economics, Springer Berlin Heidelberg<

ISBN: 9783642727917

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 … More...

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., Springer<

ISBN: 9783642727917

*Microeconomic Theory* / pdf eBook für 53.49 € / Aus dem Bereich: eBooks, Wirtschaft Medien > Bücher nein eBook als pdf eBooks > Wirtschaft, Springer Berlin Heidelberg

ISBN: 9783642727917

Microeconomic Theory: ab 53.49 € eBooks > Wirtschaft Springer Berlin Heidelberg eBook als pdf, Springer Berlin Heidelberg