Big Theory: A Trojan Horse for Economics?

Michael W. Macy

Review of Behavioral Economics, 2015, vol. 2, issue 1-2, 161-166

Abstract: These are exciting times for sociologists. Device-mediated communications enable unprecedented empirical opportunities to obtain real-time data on individual human interactions on a global scale. To realize this potential, the critical need is not a universally applicable theoretical framework but a widely shared analytical toolkit of models and methods for middle-range theorizing, including methods to collect, process, and analyze massive data, and to conduct online experiments with randomized assignment involving large numbers of participants.

Keywords: Analytical core; Complex adaptive system; General equilibrium (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:now:jnlrbe:105.00000025

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