ON THE ECONOMIC MODELLING

Emil Dinga and Camelia Baltaretu
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Emil Dinga: Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy
Camelia Baltaretu: Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy

Studii Financiare (Financial Studies), 2011, vol. 15, issue 4, 83-93

Abstract: The paper is aimed to deliver an abstract view on the concept of model, generally, as well as on the economic model concept. In this end, the authors identify the minimal list of sufficiency predicates that qualify an intellectual artefact as a model of the reality (bot objective and subjective). Also, the study identifies and assesses the logical condition to get a model (especially an economic model). Based on the definition and the logical condition of a model, the authors introduce the sufficient predicates of the modelling process, and perform a qualitative analysis of them. The modelling of the model is an alternative concept that the paper uses in order to re-find the rejection Popper criterion.

Keywords: model; modelling; markets; national accounts (search for similar items in EconPapers)
JEL-codes: B41 C02 E01 E44 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:vls:finstu:v:15:y:2011:i:4:p:83-93

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