Variations on the Theme of Conning in Mathematical Economics

K. Vela Velupillai (kvelupillai@gmail.com)

No 703, Department of Economics Working Papers from Department of Economics, University of Trento, Italia

Abstract: The mathematization of economics is almost exclusively in terms of the mathematics of real analysis which, in turn, is founded on set theory (and the axiom of choice) and orthodox mathematical logic. In this paper I try to point out that this kind of mathematization is replete with economic infelicities. The attempt to extract these infelicities is in terms of three main examples: dynamics, policy and rational expectations and learning. The focus is on the role and reliance on standard .xed point theorems in orthodox mathematical economics.

Keywords: General Equilibrium Theory; Mathematical Economics; Theory of Policy; Rational Expectations Equilibrium (search for similar items in EconPapers)
JEL-codes: C02 C60 D50 E61 (search for similar items in EconPapers)
Date: 2007
New Economics Papers: this item is included in nep-cbe, nep-hpe and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.unitn.it/files/3_07_velupillai.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:trn:utwpde:0703

Access Statistics for this paper

More papers in Department of Economics Working Papers from Department of Economics, University of Trento, Italia Contact information at EDIRC.
Bibliographic data for series maintained by Luciano Andreozzi (luciano.andreozzi@economia.unitn.it).