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Clarifying the 'puzzle' between the Textbook and LSE approaches to econometrics: A comment on Cook's Kuhnian perspective on econometric modelling

George Davis

Journal of Economic Methodology, 2005, vol. 12, issue 1, 93-115

Abstract: In a recent article, Cook conducted a Kuhnian analysis of the difference between the Textbook and LSE econometric approaches. This paper uses a semantic conception of theories (Suppe 1989) and a finer gradation of the theory of reduction process to clarify the apparent puzzle that exist between the Textbook and LSE approaches to econometrics. The paper demonstrates that a Kuhnian analysis in isolation can be more misleading than realized.

Keywords: Textbook econometrics; LSE econometrics; Kuhnian analysis; rough sets; semantic view; theory of reduction (search for similar items in EconPapers)
Date: 2005
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DOI: 10.1080/1350178042000330913

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Handle: RePEc:taf:jecmet:v:12:y:2005:i:1:p:93-115