A New Kind of Economics

Richard Werner ()

Chapter 23 in New Paradigm in Macroeconomics, 2005, pp 321-335 from Palgrave Macmillan

Abstract: Abstract There are several criteria for deciding among competing theories. We already considered the more narrowly defined statistical criteria drawn up by Hendry and Richard (1983) in Chapter 15. Among their seven criteria, four are of broader significance and find application whenever scientists seek to choose between alternative theories.

Keywords: Central Bank; Free Trade; Industrial Policy; Perfect Information; Real Estate Market (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50607-7_24

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DOI: 10.1057/9780230506077_24

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